v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities      
Net income $ 1,873 $ 1,220 $ 1,352
Adjustments to reconcile to net cash provided by operating activities      
Depreciation and amortization 997 598 556
Deferred income taxes (311) (155) (113)
Pension and other postretirement benefits expense 384 335 295
Contributions to pension plans (341) (413) (372)
Contributions to other postretirement benefits plans (59) (43) (223)
Excess tax benefit from equity-based compensation (32) (21) (57)
Changes in working capital      
Accounts receivable - net (231) 108 (219)
Inventory (92) 166 (113)
Accounts payable 86 (220) 92
Accrued compensation 0 (52) (38)
Accrued income and other taxes 1 (86) 123
Other current assets (42) 117 11
Other current liabilites (46) 30 (30)
Other - net 98 80 (16)
Net cash provided by operating activities 2,285 1,664 1,248
Investing activities      
Capital expenditures for property, plant and equipment (614) (593) (568)
Cash paid for acquisitions of businesses, net of cash acquired (9) (6,936) (325)
(Purchases) sales of short-term investments - net (288) 603 103
Proceeds from the sales of businesses 777 3 15
Other - net (68) (49) (25)
Net cash used in investing activities (202) (6,972) (800)
Financing activities      
Proceeds from borrowings 9 7,156 381
Payments on borrowings (1,096) (1,324) (78)
Payments of financing costs 0 (117) (3)
Cash dividends paid (796) (512) (462)
Exercise of employee stock options 121 95 71
Issuance (repurchase) of shares 0 159 (343)
Excess tax benefit from equity-based compensation 32 21 57
Other - net (6) 2 (4)
Net cash (used in) provided by financing activities (1,736) 5,480 (381)
Effect of currency on cash (9) 20 (15)
Total increase in cash 338 192 52
Cash at the beginning of the period 577 385 333
Cash at the end of the period $ 915 $ 577 $ 385