Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions |
9 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Statement of Cash Flows [Abstract] |
|
|
| Net income from Continuing Operations |
$ 4,312
|
$ 4,533
|
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: |
|
|
| Depreciation and amortization |
1,456
|
1,401
|
| Deferred income tax provision |
273
|
444
|
| Stock compensation cost |
112
|
108
|
| Change in: |
|
|
| Accounts receivable |
636
|
430
|
| Inventories and contracts in progress |
864
|
1,070
|
| Other current assets |
27
|
100
|
| Accounts payable and accrued liabilities |
774
|
(88)
|
| Global pension contributions |
125
|
93
|
| Canadian Government Settlement |
(237)
|
0
|
| Other operating activities, net |
502
|
661
|
| Net cash flows provided by operating activities of continuing operations |
4,536
|
4,044
|
| Investing Activities of Continuing Operations: |
|
|
| Capital expenditures |
1,043
|
1,044
|
| Investments in businesses |
535
|
329
|
| Dispositions of businesses |
148
|
172
|
| Increase in customer financing assets, net |
74
|
128
|
| Increase in collaboration intangible assets |
301
|
331
|
| (Payments) receipts from settlements of derivative contracts |
29
|
(147)
|
| Other investing activities, net |
15
|
(97)
|
| Net cash flows used in investing activities of continuing operations |
(1,849)
|
(1,416)
|
| Financing Activities of Continuing Operations: |
|
|
| Issuance of long-term debt, net |
2,281
|
4
|
| (Decrease) increase in short-term borrowings, net |
(63)
|
2,891
|
| Proceeds from Common Stock issuance - equity unit remarketing |
0
|
1,100
|
| Proceeds from Common Stock issued under employee stock plans |
6
|
39
|
| Dividends paid on Common Stock |
1,561
|
1,643
|
| Repurchase of Common Stock |
528
|
4,000
|
| Other financing activities, net |
(338)
|
(252)
|
| Net cash flows used in financing activities of continuing operations |
(203)
|
(1,861)
|
| Discontinued Operations: |
|
|
| Net cash used in operating activities |
(2,486)
|
(299)
|
| Net cash provided by (used in) investing activities |
6
|
(66)
|
| Net cash used in financing activities |
0
|
(1)
|
| Net cash flows used in discontinued operations |
(2,480)
|
(366)
|
| Effect of Exchange Rate on Cash and Cash Equivalents [Abstract] |
|
|
| Effect of foreign exchange rate changes on cash and cash equivalents |
28
|
(143)
|
| Net increase in cash and cash equivalents |
32
|
258
|
| Cash and Cash Equivalents, beginning of year |
7,075
|
5,235
|
| Cash and Cash Equivalents, end of period |
7,107
|
5,493
|
| Less: Cash and cash equivalents of businesses held for sale |
0
|
16
|
| Cash and cash equivalents, end of period |
$ 7,107
|
$ 5,477
|