XML 18 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 3,486 $ 2,275
Adjustments to reconcile consolidated net income to net cash flows from operating activities:    
Depreciation and amortization 7,065 7,295
Stock compensation expense 332 263
Noncash interest income, net (20) (31)
Deferred income taxes 668 252
Other, net 279 379
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable (106) 75
Prepaid expenses and other assets (127) (156)
Accounts payable, accrued liabilities and other 436 61
Net cash flows from operating activities 12,013 10,413
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (5,563) (5,352)
Change in accrued expenses related to capital expenditures (51) (70)
Real estate investment through variable interest entity (128) (122)
Other, net (20) (43)
Net cash flows from investing activities (5,762) (5,587)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of long-term debt 15,263 10,352
Repayments of long-term debt (9,651) (9,711)
Payments for debt issuance costs (76) (91)
Issuance of equity 0 23
Purchase of treasury stock (10,834) (6,868)
Proceeds from exercise of stock options 43 171
Purchase of noncontrolling interest (1,500) (884)
Distributions to noncontrolling interest (71) (114)
Borrowings for real estate investments through variable interest entities 128 59
Other, net (88) (26)
Net cash flows from financing activities (6,786) (7,089)
NET DECREASE IN CASH AND CASH EQUIVALENTS (535) (2,263)
CASH AND CASH EQUIVALENTS, beginning of period 1,001 3,549
CASH AND CASH EQUIVALENTS, end of period 466 1,286
CASH PAID FOR INTEREST 3,038 3,023
CASH PAID FOR TAXES $ 99 $ 84