|
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
|
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Cash flows - operation activities: |
|
|
| Net earnings |
$ 2,922 |
$ 2,625 |
| Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] |
|
|
| Share-based plans expense |
148 |
141 |
| Depreciation and amortization |
1,313 |
1,237 |
| Investment/asset impairment charges, net |
59 |
50 |
| Customer financing valuation provision |
(4) |
(220) |
| Loss/(gain) on disposal of discontinued operations |
5 |
(1) |
| Loss/(gain) on dispositions, net |
3 |
(20) |
| Other charges and credits, net |
559 |
358 |
| Excess tax benefits from share-based payment arrangements |
(43) |
(35) |
| Changes in assets and liabilities - |
|
|
| Accounts receivable |
150 |
(911) |
| Inventories, net of advances and progress billings |
(4,588) |
(8,245) |
| Accounts payable |
857 |
1,447 |
| Accrued liabilities |
(123) |
(449) |
| Advances and billings in excess of related costs |
123 |
1,996 |
| Income taxes receivable, payable and deferred |
1,085 |
1,314 |
| Other long-term liabilities |
22 |
107 |
| Pension and other postretirement plans |
571 |
1,445 |
| Customer financing, net |
254 |
171 |
| Other |
28 |
82 |
| Net cash provided by operating activities |
3,341 |
1,092 |
| Cash flows - investing activities: |
|
|
| Property, plant and equipment additions |
(1,208) |
(1,142) |
| Property, plant and equipment reductions |
29 |
54 |
| Acquisitions, net of cash acquired |
(18) |
(42) |
| Contributions to investments |
(10,331) |
(6,089) |
| Proceeds from investments |
6,941 |
8,006 |
| Receipt of economic development program funds |
|
69 |
| Purchase of distribution rights |
(6) |
|
| Net cash (used)/provided by investing activities |
(4,593) |
856 |
| Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
| New borrowings |
34 |
789 |
| Debt repayments |
(1,273) |
(895) |
| Repayments of distribution rights financing |
(72) |
(436) |
| Stock options exercised, other |
96 |
106 |
| Excess tax benefit from share-based payment arrangments |
43 |
35 |
| Employee taxes on certain share-based payment arrangements |
(72) |
(21) |
| Dividends paid |
(990) |
(932) |
| Net cash used by financing activities |
(2,234) |
(1,354) |
| Effect of exchange rate changes on cash and cash equivalents |
19 |
1 |
| Net (decrease)/increase in cash and cash equivalents |
(3,467) |
595 |
| Cash and cash equivalents at beginning of year |
10,049 |
5,359 |
| Cash and cash equivalents at end of period |
$ 6,582 |
$ 5,954 |