Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CONSOLIDATED CASH FLOWS

v3.3.0.814
STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows From Operating Activities:    
Net income $ 3,513 $ 2,579
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 1,543 1,426
Pension and postretirement benefit expense 807 1,734
Pension and postretirement benefit contributions (147) (163)
Settlement of postretirement benefit obligation 0 (1,995)
Self-insurance reserves (148) (277)
Deferred taxes, credits and other (198) 67
Stock compensation expense 452 430
Other (gains) losses (79) 202
Change in assets and liabilities, net of effect of acquisitions    
Accounts receivable 738 448
Other current assets 521 (60)
Accounts payable (745) (400)
Accrued wages and withholdings (5) (101)
Other current liabilities 214 312
Other operating activities (51) (11)
Net cash from operating activities 6,415 4,191
Cash Flows From Investing Activities:    
Capital expenditures (1,648) (1,444)
Proceeds from disposals of property, plant, and equipment 14 28
Purchases of marketable securities (6,074) (2,551)
Sales and maturities of marketable securities 4,821 1,856
Net decrease in finance receivables (11) 23
Cash paid for business acquisitions (1,925) (22)
Other investing activities (136) (29)
Net cash (used in) investing activities (4,959) (2,139)
Cash Flows From Financing Activities:    
Net change in short-term debt 3,546 1,066
Proceeds from long-term borrowings 1,927 1,286
Repayments of long-term borrowings (1,699) (1,021)
Purchases of common stock (2,028) (2,062)
Issuances of common stock 194 203
Dividends (1,899) (1,780)
Other financing activities (201) (105)
Net cash (used in) financing activities (160) (2,413)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents (146) (100)
Net Increase In Cash And Cash Equivalents 1,150 (461)
Cash And Cash Equivalents:    
Beginning of period 2,291 4,665
End of period $ 3,441 $ 4,204