v2.4.0.8
Consolidated Condensed Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 1,064 $ 853
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 1,346 1,262
Other noncash items (102) (53)
Changes in operating assets and liabilities:    
Accounts receivable (572) (651)
Inventories (280) (191)
Accounts payable 186 749
Other operating items, net 112 189
Net cash flows provided by operating activities 1,754 2,158
Cash flows from investing activities:    
Expenditures for capital assets (1,288) (1,552)
Proceeds from disposal of assets 295 276
Acquisition of businesses, net of cash acquired (313) (22)
Other investing items, net 0 (6)
Net cash flows used in investing activities (1,306) (1,304)
Cash flows from financing activities:    
Net proceeds (repayments) of commercial paper borrowings and other debt with original maturity of three months or less 89 (391)
Repayments of short-term debt with original maturity greater than three months (182) (119)
Proceeds from short-term debt with greater than three months original maturity 144 178
Repurchase of common stock (600) 0
Proceeds from issuance of common stock 147 50
Dividends paid (205) (200)
Other financing items, net (27) (17)
Net cash flows used in financing activities (634) (499)
Effect of foreign exchange rate changes on cash and cash equivalents (4) (2)
(Decrease) increase in cash and cash equivalents (190) 353
Cash and cash equivalents, beginning of period 1,399 1,015
Cash and cash equivalents, end of period 1,209 1,368
Supplemental cash flows disclosures:    
Income taxes paid, net of refunds 571 498
Interest paid 199 194
Supplemental disclosure of noncash investing activities:    
Capital expenditures included in accounts payable $ 123 $ 99