v3.21.2
STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net income attributable to common shareowners $ 9,797 $ 4,690
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 2,199 1,986
Pension and postretirement benefit (income) expense (2,656) 481
Pension and postretirement benefit contributions (331) (1,307)
Self-insurance reserves 122 388
Deferred tax (benefit) expense 1,271 566
Stock compensation expense 700 508
Other (gains) losses 33 164
Changes in assets and liabilities, net of effects of business acquisitions:    
Accounts receivable (21) 352
Other assets 256 391
Accounts payable 20 (450)
Accrued wages and withholdings 306 1,330
Other liabilities 65 120
Other operating activities 0 64
Net cash from operating activities 11,761 9,283
Cash Flows From Investing Activities:    
Capital expenditures (2,570) (3,219)
Proceeds from disposal of businesses, property, plant and equipment 870  
Proceeds from disposal of businesses, property, plant and equipment   10
Purchases of marketable securities (197) (202)
Sales and maturities of marketable securities 257 309
Net change in finance receivables 28 24
Cash paid for business acquisitions, net of cash and cash equivalents acquired (12) (13)
Other investing activities 24 (15)
Net cash used in investing activities (1,600) (3,106)
Cash Flows From Financing Activities:    
Net change in short-term debt 0 (1,924)
Proceeds from long-term borrowings 0 5,003
Repayments of long-term borrowings (2,613) (2,746)
Purchases of common stock (500) (224)
Issuances of common stock 196 214
Dividends (2,578) (2,528)
Other financing activities (361) (351)
Net cash used in financing activities (5,856) (2,556)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (3) (19)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 4,302 3,602
Cash, Cash Equivalents and Restricted Cash:    
Beginning of period 5,910 5,238
End of period $ 10,212 $ 8,840

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