Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CONSOLIDATED CASH FLOWS

v2.4.0.8
STATEMENTS OF CONSOLIDATED CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows From Operating Activities:    
Net income $ 2,579 $ 3,205
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 1,426 1,400
Pension and postretirement benefit expense 1,734 835
Pension and postretirement benefit contributions (163) (158)
Increase (Decrease) in Pension and Postretirement Obligations (1,995) 0
Self-insurance reserves (277) (68)
Deferred taxes, credits and other 67 (395)
Stock compensation expense 430 406
Other (gains) losses 202 (48)
Change in assets and liabilities, net of effect of acquisitions    
Accounts receivable 448 417
Other current assets (60) 11
Accounts payable (400) (429)
Accrued wages and withholdings (101) 121
Other current liabilities 312 (154)
Other operating activities (11) (83)
Net cash from operating activities 4,191 5,060
Cash Flows From Investing Activities:    
Capital expenditures (1,444) (1,605)
Proceeds from disposals of property, plant, and equipment 28 90
Purchases of marketable securities (2,551) (2,475)
Sales and maturities of marketable securities 1,856 1,493
Net decrease in finance receivables 23 28
Cash paid for business acquisitions (22) (20)
Other investing activities (29) 26
Net cash used in investing activities (2,139) (2,463)
Cash Flows From Financing Activities:    
Net change in short-term debt 1,066 1,653
Proceeds from long-term borrowings 1,286 100
Repayments of long-term borrowings (1,021) (1,861)
Purchases of common stock (2,062) (2,866)
Issuances of common stock 203 368
Dividends (1,780) (1,702)
Other financing activities (105) (408)
Net cash used in financing activities (2,413) (4,716)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents (100) (26)
Net Increase In Cash And Cash Equivalents (461) (2,145)
Cash And Cash Equivalents:    
Beginning of period 4,665 7,327
End of period $ 4,204 $ 5,182