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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Cash Flows [Abstract]    
Net income from continuing operations $ 813 $ 492
Adjustments to reconcile net income from continuing operations to net cash flows provided by operating activities:    
Depreciation and amortization 1,123 728
Deferred income tax provision 153 392
Stock compensation cost 84 63
Net periodic pension and other postretirement income (358) (130)
Change in:    
Accounts receivable (799) 390
Contract assets (311) (349)
Inventory (113) (395)
Other current assets (193) (208)
Accounts payable and accrued liabilities 538 612
Contract liabilities (56) (101)
Global pension contributions (7) (8)
Other operating activities, net (151) (354)
Net cash flows provided by operating activities from continuing operations 723 1,132
Investing Activities:    
Capital expenditures (387) (325)
Investments in businesses (6) 0
Dispositions of businesses, net of cash transferred (Note 2) 1,049 0
Increase in customer financing assets, net (81) (88)
Increase in collaboration intangible assets (32) (78)
Receipts (payments) from settlements of derivative contracts, net 49 (524)
Other investing activities, net (10) (25)
Net cash flows provided by (used in) investing activities from continuing operations 582 (1,040)
Financing Activities:    
Distribution from discontinued operations 0 17,207
Repayment of long-term debt (286) (13,810)
Decrease in short-term borrowings, net (13) (663)
Proceeds from Common Stock issued under employee stock plans 1 6
Dividends paid on Common Stock (705) (614)
Repurchase of Common Stock (375) (47)
Net transfers to discontinued operations (5) (1,016)
Other financing activities, net (161) (23)
Net cash flows (used in) provided by financing activities from continuing operations (1,544) 1,040
Discontinued Operations:    
Net cash used in operating activities (5) (472)
Net cash used in investing activities 0 (241)
Net cash provided by financing activities 5 322
Net cash used in discontinued operations 0 (391)
Effect of foreign exchange rate changes on cash and cash equivalents from continuing operations 23 (19)
Effect of foreign exchange rate changes on cash and cash equivalents from discontinued operations 0 (76)
Net (decrease) increase in cash, cash equivalents and restricted cash (216) 646
Cash, cash equivalents and restricted cash, beginning of period 8,832 4,961
Cash, cash equivalents and restricted cash within assets related to discontinued operations, beginning of period 0 2,459
Cash, cash equivalents and restricted cash, end of period 8,616 8,066
Less: Restricted cash, included in Other assets 37 48
Less: Cash, cash equivalents and restricted cash for discontinued operations 0 1,993
Cash and cash equivalents, end of period $ 8,579 $ 6,025