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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating Activities    
Net income $ 1,866 $ 1,399
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 671 786
Deferred taxes 30 74
Charges associated with last-in-first-out inventory method 215 287
Share-based compensation expense 113 127
Gain from sales of businesses (103) 0
Other non-cash items 139 (51)
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (1,667) (2,815)
Inventories (2,397) (2,580)
Drafts and accounts payable 1,695 4,074
Deferred revenue (66) (19)
Taxes 114 (203)
Other (44) 150
Net cash provided by operating activities 566 1,229
Investing Activities    
Property acquisitions (272) (281)
Capitalized software expenditures (145) (118)
Acquisitions, net of cash and cash equivalents acquired (25) (40)
Proceeds from sale of businesses, net 204 15
Other 10 (15)
Net cash used in investing activities (228) (439)
Financing Activities    
Proceeds from short-term borrowings 1,532 2,424
Repayments of short-term borrowings (1,668) (2,320)
Proceeds from issuances of long-term debt 0 3
Repayments of long-term debt (996) (233)
Common stock transactions:    
Issuances 97 115
Share repurchases, including shares surrendered for tax withholding (960) (106)
Dividends paid (179) (171)
Other (73) 36
Net cash used in financing activities (2,247) (252)
Effect of exchange rate changes on cash and cash equivalents (26) (144)
Net increase (decrease) in cash and cash equivalents (1,935) 394
Cash and cash equivalents at beginning of period 5,341 4,193
Cash and cash equivalents at end of period $ 3,406 $ 4,587