XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities    
Net income $ 1,556 $ 1,130
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,193 1,561
Intangible asset impairment charges 80 277
Deferred income taxes (54) (70)
Share-based compensation 74 68
Other (28) 82
Net changes in assets and liabilities (2,535) (875)
Net Cash Provided by Operating Activities 286 2,173
Cash Flows from Investing Activities    
Capital expenditures (339) (279)
Purchases of securities and other investments (2,929) (2,367)
Proceeds from sales of securities and other investments 6,819 4,620
Acquisitions of businesses, net of cash acquired (306) (147)
Other (52) (86)
Net Cash Provided by Investing Activities 3,193 1,741
Cash Flows from Financing Activities    
Net change in short-term borrowings 3,784 0
Payments on debt (300) (851)
Purchases of treasury stock (1,019) (913)
Dividends paid to stockholders (1,294) (1,279)
Proceeds from exercise of stock options 313 202
Other (23) (25)
Net Cash Provided by (Used in) Financing Activities 1,461 (2,866)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 253 144
Net Increase in Cash and Cash Equivalents 5,193 1,192
Cash and Cash Equivalents at Beginning of Year 6,515 8,524
Cash and Cash Equivalents at End of Period $ 11,708 $ 9,716