XML 29 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements 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 $ 1,996 $ 1,651
Adjustments to Net income:    
Depreciation 639 666
Amortization of acquisition-related intangibles 241 253
Amortization of capitalized software 45 65
Stock-based compensation 217 221
Gains on sales of assets (44) (6)
Deferred income taxes (84) (2)
Increase (decrease) from changes in:    
Accounts receivable (272) (302)
Inventories (20) 31
Prepaid expenses and other current assets 81 (61)
Accounts payable and accrued expenses (224) (297)
Accrued compensation 51 37
Income taxes payable (90) (29)
Changes in funded status of retirement plans 73 82
Other 11 (124)
Cash flows from operating activities 2,620 2,185
Cash flows from investing activities:    
Capital expenditures (260) (305)
Proceeds from asset sales 46 21
Purchases of short-term investments (2,170) (3,177)
Proceeds from short-term investments 2,491 3,564
Other 7 17
Cash flows from investing activities 114 120
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 498 986
Repayment of debt (1,000) (1,500)
Dividends paid (967) (849)
Stock repurchases (2,133) (2,134)
Proceeds from common stock transactions 476 1,146
Excess tax benefit from share-based payments 75 72
Other (4) (7)
Cash flows from financing activities (3,055) (2,286)
Net change in Cash and cash equivalents (321) 19
Cash and cash equivalents at beginning of period 1,627 1,416
Cash and cash equivalents at end of period $ 1,306 $ 1,435