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
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities:    
Net income $ 1,365 $ 2,108
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 941 940
Pension and postretirement benefit expense 1,523 562
Pension and postretirement benefit contributions (115) (114)
Increase (Decrease) in Pension and Postretirement Obligations (1,995) 0
Self-insurance reserves (77) 4
Deferred taxes, credits and other (192) (282)
Stock compensation expense 306 288
Other (gains) losses 144 (98)
Change in assets and liabilities, net of effect of acquisitions    
Accounts receivable 585 542
Other current assets (269) (15)
Accounts payable (357) (209)
Accrued wages and withholdings (241) (49)
Other current liabilities 207 (147)
Other operating activities 7 (99)
Net cash from operating activities 1,832 3,431
Cash Flows From Investing Activities:    
Capital expenditures (813) (990)
Proceeds from disposals of property, plant, and equipment 10 24
Purchases of marketable securities (1,813) (1,615)
Sales and maturities of marketable securities 854 717
Net decrease in finance receivables 13 19
Cash paid for business acquisitions (22) 0
Other investing activities (31) (8)
Net cash used in investing activities (1,802) (1,853)
Cash Flows From Financing Activities:    
Net change in short-term debt 1,096 1,045
Proceeds from long-term borrowings 764 100
Repayments of long-term borrowings (1,020) (1,861)
Purchases of common stock (1,379) (1,867)
Issuances of common stock 149 293
Dividends (1,192) (1,140)
Other financing activities (50) (611)
Net cash used in financing activities (1,632) (4,041)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents (7) (56)
Net Increase In Cash And Cash Equivalents (1,609) (2,519)
Cash And Cash Equivalents:    
Beginning of period 4,665 7,327
End of period $ 3,056 $ 4,808