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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net income $ 668 $ 656
Adjustments to Net income:    
Depreciation 161 203
Amortization of acquisition-related intangibles 80 80
Amortization of capitalized software 8 13
Stock-based compensation 72 78
Gains on sales of assets 0 (1)
Deferred income taxes 24 1
Increase (decrease) from changes in:    
Accounts receivable (100) (154)
Inventories (114) (60)
Prepaid expenses and other current assets 43 54
Accounts payable and accrued expenses (104) (108)
Accrued compensation (322) (294)
Income taxes payable 131 147
Changes in funded status of retirement plans 18 19
Other (18) (25)
Cash flows from operating activities 547 609
Cash flows from investing activities    
Capital expenditures (124) (123)
Proceeds from asset sales 0 1
Purchases of short-term investments (200) (335)
Proceeds from short-term investments 900 615
Other (3) 0
Cash flows from investing activities 573 158
Cash flows from financing activities    
Dividends paid (383) (356)
Stock repurchases (630) (670)
Proceeds from common stock transactions 131 246
Excess tax benefit from share-based payments 43 56
Cash flows from financing activities (839) (724)
Net change in Cash and cash equivalents 281 43
Cash and cash equivalents at beginning of period 1,000 1,199
Cash and cash equivalents at end of period $ 1,281 $ 1,242