XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.3
STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Net income (loss) $ 6,147 $ 4,676
Net (income) loss from discontinued operations activities (14) 85
Adjustments to reconcile net income (loss) to cash from (used for) operating activities:    
Depreciation and amortization of property, plant and equipment 643 625
Amortization of intangible assets (Note 7) 270 261
Goodwill impairments (Note 7) 0 251
(Gains) losses on equity securities (Note 18) (177) (723)
Principal pension plans (benefit) cost (Note 13) (488) (491)
Principal pension plans employer contributions (144) (142)
Other postretirement benefit plans (net) (194) (221)
Provision (benefit) for income taxes (Note 15) 1,015 567
Cash recovered (paid) during the year for income taxes (437) (42)
Changes in operating working capital:    
Decrease (increase) in current receivables (1,270) (750)
Decrease (increase) in inventories, including deferred inventory costs (1,787) (1,416)
Decrease (increase) in current contract assets (116) (7)
Increase (decrease) in contract liabilities and current deferred income 593 759
Increase (decrease) in progress collections 173 283
Increase (decrease) in accounts payable 1,498 560
Increase (decrease) in sales discounts and allowances 554 331
All other operating activities 180 (105)
Cash from (used for) operating activities – continuing operations 6,447 4,499
Cash from (used for) operating activities – discontinued operations (191) (1,086)
Cash from (used for) operating activities 6,256 3,413
Additions to property, plant and equipment and internal-use software (842) (765)
Dispositions of property, plant and equipment 76 102
Proceeds from principal business dispositions 0 507
Net cash from (payments for) principal businesses purchased (360) (126)
Sales of retained ownership interests 0 4,080
Net (purchases) dispositions of insurance investment securities 595 (698)
All other investing activities (795) (3,997)
Cash from (used for) investing activities – continuing operations (1,326) (898)
Cash from (used for) investing activities – discontinued operations (131) (1,090)
Cash from (used for) investing activities (1,458) (1,987)
Net increase (decrease) in borrowings (maturities of 90 days or less) 17 3
Newly issued debt (maturities longer than 90 days) 1,985 0
Repayments and other debt reductions (maturities longer than 90 days) (1,304) (733)
Dividends paid to shareholders (1,071) (702)
Purchases of common stock for treasury (5,554) (4,159)
All other financing activities 71 1,139
Cash from (used for) financing activities – continuing operations (5,856) (4,453)
Cash from (used for) financing activities – discontinued operations 0 (98)
Cash from (used for) financing activities (5,856) (4,551)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash 189 (58)
Increase (decrease) in cash, cash equivalents and restricted cash (868) (3,183)
Cash, cash equivalents and restricted cash at beginning of year 15,880 19,755
Cash, cash equivalents and restricted cash at September 30 15,012 16,572
Less cash, cash equivalents and restricted cash of discontinued operations at September 30 (1,171) (1,468)
Cash, cash equivalents and restricted cash of continuing operations at September 30 $ 13,841 $ 15,104