CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013
Cash flows from operating activities:
Net income	$ 3,224		$ 3,367
Add: Loss from discontinued operations	205		69
Adjustments to reconcile net income to cash provided by operating activities:
Gain on formation of OneSubsea			(1,028)
Impairment of equity method investments and currency devaluation loss in Venezuela			456
Depreciation and amortization	1,997	[1]	1,903	[1]
Pension and other postretirement benefits expense	190		255
Stock-based compensation expense	162		168
Pension and other postretirement benefits funding	(127)		(231)
Earnings of companies carried at equity, less dividends received	(90)		(26)
Change in assets and liabilities:
Increase in receivables	(590)	[2]	(511)	[2]
Increase in inventories	(90)	[2]	(237)	[2]
Decrease in other current assets	82	[2]	20	[2]
Increase in other assets	(60)	[2]	(75)	[2]
Decrease in accounts payable and accrued liabilities	(515)	[2]	(389)	[2]
Increase (decrease) in liability for taxes on income	23	[2]	(96)	[2]
(Decrease) increase in other liabilities	(204)	[2]	19	[2]
Other	12	[2]	131	[2]
NET CASH PROVIDED BY OPERATING ACTIVITIES	4,219		3,795
Cash flows from investing activities:
Capital expenditures	(1,786)		(1,800)
SPM investments	(377)		(367)
Multiclient seismic data capitalized	(154)		(222)
Business acquisitions and investments, net of cash acquired	(471)		(717)
Sale of investments, net	349		850
Other	3		91
NET CASH USED IN INVESTING ACTIVITIES	(2,436)		(2,165)
Cash flows from financing activities:
Dividends paid	(932)		(781)
Proceeds from employee stock purchase plan	134		126
Proceeds from exercise of stock options	358		63
Stock repurchase program	(2,074)		(692)
Proceeds from issuance of long-term debt	1,979		1,013
Repayment of long-term debt	(2,104)		(453)
Net decrease in short-term borrowings	(302)		(152)
Other	(32)
NET CASH USED IN FINANCING ACTIVITIES	(2,973)		(876)
Cash flows used in discontinued operations - operating activities			(33)
Cash flows used in discontinued operations - investing activities			(28)
Cash flows used in discontinued operations			(61)
Net (decrease) increase in cash before translation effect	(1,190)		693
Translation effect on cash	(15)		(12)
Cash, beginning of period	3,472		1,905
Cash, end of period	$ 2,267		$ 2,586

[1] Includes depreciation of property, plant and equipment and amortization of intangible assets, multiclient seismic data costs and SPM investments.

[2] Net of the effect of business acquisitions and divestitures.