v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net income $ 441 $ 380
Adjustments to reconcile to net cash provided by operating activities    
Depreciation and amortization 249 245
Deferred income taxes (24) 104
Pension and other postretirement benefits expense 99 87
Contributions to pension plans (272) (208)
Excess tax benefit from equity-based compensation (20) (16)
Changes in working capital (370) (546)
Other - net (91) 54
Net cash provided by operating activities 12 100
Investing activities    
Capital expenditures for property, plant and equipment (110) (122)
Sales of short-term investments - net 431 132
Proceeds from sale of business 3 761
Other - net (20) 2
Net cash provided by investing activities 304 773
Financing activities    
Payments on borrowings (257) (687)
Cash dividends paid (229) (194)
Exercise of employee stock options 23 56
Excess tax benefit from equity-based compensation 20 16
Other - net 0 (1)
Net cash used in financing activities (443) (810)
Effect of currency on cash (4) (1)
Total (decrease) increase in cash (131) 62
Cash at the beginning of the period 915 577
Cash at the end of the period $ 784 $ 639