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Consolidated statements of cash flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 1,495 $ 1,938
Adjustments to net income:    
Depreciation 725 657
Stock-based compensation 199 203
Amortization of acquisition-related intangibles 257 26
Gains on sales of assets 0 (5)
Deferred income taxes 136 (9)
Gain on transfer of Japan substitutional pension (144) 0
Increase (decrease) from changes in:    
Accounts receivable (70) (124)
Inventories (86) (220)
Prepaid expenses and other current assets 80 (11)
Accounts payable and accrued expenses (123) 70
Accrued compensation (41) (142)
Income taxes payable (177) (89)
Other 75 (9)
Cash flows from operating activities 2,326 2,285
Cash flows from investing activities:    
Additions to property, plant and equipment (399) (663)
Proceeds from asset sales and insurance recovery 0 16
Purchases of short-term investments (2,141) (2,463)
Proceeds from short-term investments 1,639 3,254
Purchases of long-term investments (1) (4)
Proceeds from long-term investments 52 75
Business acquisitions, net of cash acquired 0 (5,390)
Cash flows from investing activities (850) (5,175)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 1,492 4,697
Issuance costs for long-term debt (7) (12)
Repayment of debt and commercial paper borrowings (1,375) 0
Dividends paid (584) (451)
Proceeds from common stock transactions 390 563
Excess tax benefit from share-based payments 26 28
Stock repurchases (1,200) (1,673)
Cash flows from financing activities (1,258) 3,152
Net change in cash and cash equivalents 218 262
Cash and cash equivalents, beginning of period 992 1,319
Cash and cash equivalents, end of period $ 1,210 $ 1,581