Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CONSOLIDATED CASH FLOWS

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STATEMENTS OF CONSOLIDATED CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities:    
Net income $ 2,555 $ 3,079
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 1,382 1,331
Pension and postretirement benefit expense 709 628
Pension and postretirement benefit contributions (864) (1,397)
Self-insurance reserves 141 44
Deferred taxes, credits and other 330 387
Stock compensation expense 421 402
Other (gains) losses 162 160
Change in assets and liabilities, net of effect of acquisitions    
Accounts receivable 468 177
Other current assets (47) 185
Accounts payable (279) (67)
Accrued wages and withholdings 13 367
Other current liabilities 196 88
Other operating activities (84) (22)
Net cash from operating activities 5,103 5,362
Cash Flows From Investing Activities:    
Capital expenditures (1,603) (1,557)
Proceeds from disposals of property, plant, and equipment 61 29
Purchases of marketable securities (2,256) (3,830)
Sales and maturities of marketable securities 2,901 3,357
Net decrease in finance receivables 56 128
Cash paid for business acquisitions (100) 0
Other investing activities 34 (243)
Net cash used in investing activities (907) (2,116)
Cash Flows From Financing Activities:    
Net change in short-term debt 2,075 1,110
Proceeds from long-term borrowings 1,741 277
Repayments of long-term borrowings (8) (180)
Purchases of common stock (1,402) (2,173)
Issuances of common stock 253 220
Dividends (1,600) (1,500)
Other financing activities 8 (238)
Net cash used in financing activities 1,067 (2,484)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents 133 1
Net Increase In Cash And Cash Equivalents 5,396 763
Cash And Cash Equivalents:    
Beginning of period 3,034 3,370
End of period $ 8,430 $ 4,133