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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
CASH FLOW FROM OPERATING ACTIVITIES    
Net earnings $ 12,194 $ 13,802
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property and intangibles 2,713 2,904
Stock based compensation 677 646
Venezuela adjustments 0 89
Asset write-downs 367 259
Net gain on sale of assets/businesses (1,274) (2,336)
Deferred tax provision 233 297
Accounts receivable allowances 2 (54)
Changes in assets and liabilities, net of effects from acquisitions:    
Increase in accounts receivable (910) (399)
Increase in inventories (719) (1,098)
Decrease in accounts payable and accrued liabilities (1,558) (827)
Decrease in other current and non-current assets 986 72
Increase in other current and non-current liabilities 1,486 751
NET CASH FLOWS FROM OPERATING ACTIVITIES 14,197 14,106
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (2,097) (2,218)
Proceeds from the disposal of assets/businesses, net 1,620 4,481
Acquisitions, net of cash acquired (233) (291)
Purchases of investments (28,766) (25,784)
Sales of investments 23,167 14,576
Other (35) (147)
NET CASH USED BY INVESTING ACTIVITIES (6,344) (9,383)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends to shareholders (6,101) (5,812)
Repurchase of common stock (3,394) (4,381)
Proceeds from short-term debt 2,107 629
Retirement of short-term debt (930) (1,713)
Proceeds from long-term debt 3 17
Retirement of long-term debt (27) (1,787)
Proceeds from the exercise of stock options/excess tax benefits 837 1,406
Other (50) 0
NET CASH USED BY FINANCING ACTIVITIES (7,555) (11,641)
Effect of exchange rate changes on cash and cash equivalents (1,182) (191)
Decrease in cash and cash equivalents (884) (7,109)
Cash and Cash equivalents, beginning of period 14,523 20,927
CASH AND CASH EQUIVALENTS, END OF PERIOD 13,639 13,818
Acquisitions    
Fair value of assets acquired 477 305
Fair value of liabilities assumed and non-controlling interests (244) (14)
Net fair value of acquisitions $ 233 $ 291