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Consolidated statements of cash flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 711 $ 1,338
Adjustments to net income:    
Depreciation 484 444
Stock-based compensation 133 110
Amortization of acquisition-related intangibles 171 13
Deferred income taxes 17 (15)
Increase (decrease) from changes in:    
Accounts receivable (88) (146)
Inventories (123) (242)
Prepaid expenses and other current assets 55 (12)
Accounts payable and accrued expenses (114) (25)
Accrued compensation (136) (201)
Income taxes payable (36) (103)
Other 50 (16)
Cash flows from operating activities 1,124 1,145
Cash flows from investing activities:    
Additions to property, plant and equipment (249) (470)
Proceeds from insurance recovery 0 2
Purchases of short-term investments (657) (1,688)
Proceeds from short-term investments 1,466 1,616
Purchases of long-term investments (1) (3)
Proceeds from long-term investments 32 64
Cash flows from investing activities 591 (479)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 3,497
Issuance costs for long-term debt 0 (12)
Repayment of debt and commercial paper borrowings (875) 0
Dividends paid (390) (303)
Proceeds from common stock transactions 327 530
Excess tax benefit from share-based payments 23 27
Stock repurchases (600) (1,223)
Cash flows from financing activities (1,515) 2,516
Net change in cash and cash equivalents 200 3,182
Cash and cash equivalents, beginning of period 992 1,319
Cash and cash equivalents, end of period $ 1,192 $ 4,501