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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES      
Net earnings $ 3,395 $ 2,842 $ 1,645
Adjustments to reconcile net earnings to operating cash flows:      
Depreciation and amortization 811 816 823
Stock-based compensation expense 128 137 140
U.S. tax reform transition tax (benefit)/tax (38) 1,317 0
Deferred income tax provision/(benefit) 233 (1,228) (156)
Asset impairments and accelerated depreciation 141 334 446
Loss on early extinguishment of debt 140 11 428
Net gain on divestitures 0 (186) (9)
Gain on equity method investment transactions (778) (40) (43)
Equity method investment net earnings (548) (344) (262)
Distributions from equity method investments 180 152 75
Other non-cash items, net 381 (225) (43)
Change in assets and liabilities, net of acquisitions and divestitures:      
Receivables, net 257 (24) 31
Inventories, net (204) (18) 62
Accounts payable 236 5 409
Other current assets (25) 14 (176)
Other current liabilities (136) (637) 60
Change in pension and postretirement assets and liabilities, net (225) (333) (592)
Net cash provided by operating activities 3,948 2,593 2,838
CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES      
Capital expenditures (1,095) (1,014) (1,224)
Acquisitions, net of cash received (528) 0 (246)
Proceeds from divestitures, net of disbursements 1 604 303
Proceeds from sale of property, plant and equipment and other assets 398 109 138
Net cash used in investing activities (1,224) (301) (1,029)
CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES      
Issuances of commercial paper, maturities greater than 90 days 3,981 1,808 1,540
Repayments of commercial paper, maturities greater than 90 days (2,856) (1,911) (1,031)
Net issuances of other short-term borrowings (1,413) 1,027 1,741
Long-term debt proceeds 2,948 350 5,640
Long-term debt repaid (1,821) (1,470) (6,186)
Repurchase of Common Stock (2,020) (2,174) (2,601)
Dividends paid (1,359) (1,198) (1,094)
Other 211 207 129
Net cash used in financing activities (2,329) (3,361) (1,862)
Effect of exchange rate changes on cash and cash equivalents (56) 89 (76)
Cash and cash equivalents:      
Increase/(decrease) 339 (980) (129)
Balance at beginning of period 761 1,741 1,870
Balance at end of period 1,100 761 1,741
Cash paid:      
Interest 491 398 630
Income taxes $ 864 $ 848 $ 527