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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 1,412$ 1,222
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization413378
Deferred income taxes(179)(87)
Equity income in unconsolidated affiliate(34)(22)
Dividend from unconsolidated affiliate4517
Other, net70116
Change in operating assets and liabilities, net of acquisitions:  
Receivables(646)(238)
Inventories(530)(101)
Costs in excess of billings284(29)
Prepaid and other current assets(78)(15)
Accounts payable1461
Billings in excess of costs606(797)
Other assets/liabilities, net12290
Net cash provided by operating activities1,521735
Cash flows from investing activities:  
Purchases of property, plant and equipment(317)(140)
Business acquisitions, net of cash acquired(315)(69)
Dividend from unconsolidated affiliate1316
Other4323
Net cash used in investing activities(576)(170)
Cash flows from financing activities:  
Borrowings against lines of credit and other debt 2
Repayments on debt(374)(13)
Cash dividends paid(140)(126)
Other11614
Net cash used in financing activities(398)(123)
Effect of exchange rates on cash(10)6
Increase in cash and cash equivalents537448
Cash and cash equivalents, beginning of period3,3332,622
Cash and cash equivalents, end of period3,8703,070
Cash payments during the period for:  
Interest3438
Income taxes$ 805$ 344