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Statement of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FROM OPERATIONS    
Net income $ 568 $ 63
Adjustments to reconcile net income to cash from operations:    
Depreciation, depletion, and amortization 959 1,036
Deferred income taxes (18) 2
Equity income, net of dividends 137 88
Restructuring and other charges (D) 460 780
Net gain from investing activities - asset sales (H) (69) (44)
Net periodic pension benefit cost (M) 365 321
Stock-based compensation 78 71
Excess tax benefits from stock-based payment arrangements (9) (7)
Other (65) 67
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (97) (665)
(Increase) in inventories (176) (485)
Decrease (increase) in prepaid expenses and other current assets 31 (28)
(Decrease) increase in accounts payable, trade (240) 83
(Decrease) in accrued expenses (424) (456)
Increase (decrease) in taxes, including income taxes 135 (51)
Pension contributions (363) (446)
(Increase) decrease in noncurrent assets (G) (348) 5
(Decrease) in noncurrent liabilities (207) (118)
CASH PROVIDED FROM OPERATIONS 717 216
FINANCING ACTIVITIES    
Net change in short-term borrowings (original maturities of three months or less) (6)  
Net change in commercial paper   99
Additions to debt (original maturities greater than three months) 1,534 2,881
Debt issuance costs (2) (16)
Payments on debt (original maturities greater than three months) (1,551) (1,717)
Proceeds from exercise of employee stock options 26 128
Excess tax benefits from stock-based payment arrangements 9 7
Issuance of mandatory convertible preferred stock   1,213
Dividends paid to shareholders (149) (105)
Distributions to noncontrolling interests (72) (75)
Contributions from noncontrolling interests   44
Acquisitions of noncontrolling interests   (28)
CASH (USED FOR) PROVIDED FROM FINANCING ACTIVITIES (211) 2,431
INVESTING ACTIVITIES    
Capital expenditures (782) (750)
Acquisitions, net of cash acquired (E) 97  
Proceeds from the sale of assets and businesses (E) 112 6
Additions to investments (86) (137)
Sales of investments 40 49
Net change in restricted cash (7)  
Other 23 25
CASH USED FOR INVESTING ACTIVITIES (603) (807)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (41) (5)
Net change in cash and cash equivalents (138) 1,835
Cash and cash equivalents at beginning of year 1,877 1,437
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,739 $ 3,272