CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013
Cash flows from operating activities:
Net income	$ 5,188		$ 5,091
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	3,029	[1]	2,891	[1]
Pension and other postretirement benefits expense	266		388
Stock-based compensation expense	246		255
Pension and other postretirement benefits funding	(318)		(468)
Earnings of equity method investments, less dividends received	(68)		(46)
Change in assets and liabilities:
Increase in receivables	(779)	[2]	(1,215)	[2]
Increase in inventories	(61)	[2]	(96)	[2]
Decrease in other current assets	112	[2]	28	[2]
Increase in other assets	(89)	[2]	(135)	[2]
(Decrease) increase in accounts payable and accrued liabilities	(256)	[2]	189	[2]
(Decrease) increase in liability for taxes on income	(7)	[2]	15	[2]
(Decrease) increase in other liabilities	(78)	[2]	2	[2]
Other	(108)	[2]	175	[2]
NET CASH PROVIDED BY OPERATING ACTIVITIES	7,282		6,571
Cash flows from investing activities:
Capital expenditures	(2,766)		(2,753)
SPM investments	(569)		(633)
Multiclient seismic data capitalized	(212)		(300)
Business acquisitions and investments, net of cash acquired	(556)		(1,144)
Sale of investments, net	1,147		963
Other	3		131
NET CASH USED IN INVESTING ACTIVITIES	(2,953)		(3,736)
Cash flows from financing activities:
Dividends paid	(1,451)		(1,196)
Proceeds from employee stock purchase plan	295		270
Proceeds from exercise of stock options	500		145
Stock repurchase program	(3,582)		(1,526)
Proceeds from issuance of long-term debt	2,005		2,267
Repayment of long-term debt	(2,857)		(1,211)
Net increase (decrease) in short-term borrowings	455		(306)
Other	(38)		3
NET CASH USED IN FINANCING ACTIVITIES	(4,673)		(1,554)
Cash flows provided by (used in) discontinued operations - operating activities	24		(2)
Cash flows provided by (used in) discontinued operations - investing activities			(28)
Cash flows provided by (used in) discontinued operations	24		(30)
Net (decrease) increase in cash before translation effect	(320)		1,251
Translation effect on cash	(34)		(7)
Cash, beginning of period	3,472		1,905
Cash, end of period	$ 3,118		$ 3,149

[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.