CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income		$ 1,490	$ 755
Adjustments to reconcile net income to cash provided by operating activities:
Gain on sale of Liberty shares		(242)
Gain on sale of real estate		(43)
Depreciation and amortization	[1]	1,065	1,058
Deferred taxes		11	(18)
Stock-based compensation expense		160	156
Earnings of equity method investments, less dividends received		(22)	(15)
Change in assets and liabilities:
Increase in receivables		(887)	(114)
(Increase) decrease in inventories		(652)	86
(Increase) decrease in other current assets		(240)	538
Increase in other assets	[2]	(26)	(28)
Decrease in accounts payable and accrued liabilities		(57)	(700)
Decrease in estimated liability for taxes on income		(48)	(91)
Increase in other liabilities		4	13
Other	[2]	26	9
NET CASH PROVIDED BY OPERATING ACTIVITIES		539	1,649
Cash flows from investing activities:
Capital expenditures		(664)	(421)
APS investments		(311)	(188)
Exploration data costs capitalized		(64)	(12)
Business acquisitions and investments, net of cash acquired		(8)	(35)
Proceeds from sale of Liberty shares		513
Proceeds from sale of real estate		120
Sale of short-term investments, net		457	921
Other		(76)	(39)
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES		(33)	226
Cash flows from financing activities:
Dividends paid		(352)	(349)
Taxes paid on net settled stock-based compensation awards		(85)	(18)
Proceeds from employee stock purchase plan		64	62
Proceeds from exercise of stock options		29
Proceeds from issuance of long-term debt			34
Repayment of long-term debt			(887)
Net decrease in short-term borrowings		(11)	(83)
Other		(3)	(41)
NET CASH USED IN FINANCING ACTIVITIES		(358)	(1,282)
Net increase in cash before translation effect		148	593
Translation effect on cash		(12)	2
Cash, beginning of period		1,757	844
Cash, end of period		$ 1,893	$ 1,439

[1] Includes depreciation of property, plant and equipment and amortization of intangible assets, exploration data costs, and APS investments.

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