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
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash Flows From Operating Activities:    
Net income $ 911 $ 1,037
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 468 474
Pension and postretirement benefit expense 240 283
Pension and postretirement benefit contributions (56) (57)
Self-insurance reserves (57) (19)
Deferred taxes, credits and other (60) (188)
Stock compensation expense 164 157
Other (gains) losses 70 (207)
Change in assets and liabilities, net of effect of acquisitions    
Accounts receivable 659 421
Other current assets 7 21
Accounts payable (358) (281)
Accrued wages and withholdings 25 (4)
Other current liabilities 229 139
Other operating activities 25 (18)
Net cash from operating activities 2,267 1,758
Cash Flows From Investing Activities:    
Capital expenditures (322) (453)
Proceeds from disposals of property, plant, and equipment 4 12
Purchases of marketable securities (587) (501)
Sales and maturities of marketable securities 91 101
Net decrease in finance receivables 7 10
Cash paid for business acquisitions (22) 0
Other investing activities (16) 78
Net cash used in investing activities (845) (753)
Cash Flows From Financing Activities:    
Net change in short-term debt 1,183 1,472
Proceeds from long-term borrowings 0 101
Repayments of long-term borrowings (8) (1,751)
Purchases of common stock (670) (1,025)
Issuances of common stock 76 181
Dividends (596) (572)
Other financing activities (105) (252)
Net cash used in financing activities (120) (1,846)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents (21) (30)
Net Increase In Cash And Cash Equivalents 1,281 (871)
Cash And Cash Equivalents:    
Beginning of period 4,665 7,327
End of period $ 5,946 $ 6,456