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Statement of Consolidated Cash Flows (unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash from Operations    
Net income $ 322 $ 11
Adjustments to reconcile net income to cash from operations:    
Depreciation, depletion and amortization 133 309
Deferred income taxes 20 (86)
Equity income, net of dividends   4
Restructuring and other charges 73 93
Net (gain) loss from investing activities - asset sales (G) (349) 2
Net periodic pension benefit cost (L) 54 83
Stock-based compensation 28 26
Other 18 15
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (299) (139)
(Increase) in inventories (85) (58)
Decrease (increase) in prepaid expenses and other current assets 20 (3)
(Decrease) in accounts payable, trade (122) (272)
(Decrease) in accrued expenses (112) (343)
Increase in taxes, including income taxes 111 64
Pension contributions (53) (70)
(Increase) in noncurrent assets (34) (13)
(Decrease) in noncurrent liabilities (25) (53)
Cash used for operations (300) (430)
Financing Activities    
Net change in short-term borrowings (original maturities of three months or less) 8 2
Additions to debt (original maturities greater than three months) 360 439
Payments on debt (original maturities greater than three months) (360) (441)
Proceeds from exercise of employee stock options 22  
Dividends paid to shareholders (45) (57)
Distributions to noncontrolling interests (14) (50)
Other (14)  
Cash used for financing activities (43) (107)
Investing Activities    
Capital expenditures (103) (251)
Proceeds from the sale of assets and businesses (E) (10) 222
Additions to investments   (7)
Sales of investments (G) 888 19
Net change in restricted cash 14 4
Other (G) 240 12
Cash provided from (used for) investing activities 1,029 (1)
Effect of exchange rate changes on cash and cash equivalents 4 3
Net change in cash and cash equivalents 690 (535)
Cash and cash equivalents at beginning of year 1,863 1,919
Cash and cash equivalents at end of period $ 2,553 $ 1,384