XML 43 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 1,815 $ 1,412
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 462 413
Deferred income taxes 40 (179)
Equity income in unconsolidated affiliates (43) (34)
Dividend from unconsolidated affiliate 61 45
Other, net 76 70
Change in operating assets and liabilities, net of acquisitions:    
Receivables (251) (646)
Inventories (1,152) (530)
Costs in excess of billings (472) 284
Prepaid and other current assets (254) (78)
Accounts payable 165 146
Billings in excess of costs 173 606
Income taxes payable (569) (20)
Other assets/liabilities, net (231) 32
Net cash provided by (used in) operating activities (180) 1,521
Cash flows from investing activities:    
Purchases of property, plant and equipment (382) (317)
Business acquisitions, net of cash acquired (2,305) (315)
Dividend from unconsolidated affiliate   13
Other 24 43
Net cash used in investing activities (2,663) (576)
Cash flows from financing activities:    
Borrowings against lines of credit and other debt 1,019  
Repayments on debt (3) (374)
Cash dividends paid (153) (140)
Proceeds from stock options exercised 111 94
Other 31 22
Net cash provided by (used in) financing activities 1,005 (398)
Effect of exchange rates on cash 5 (10)
Increase (decrease) in cash and cash equivalents (1,833) 537
Cash and cash equivalents, beginning of period 3,535 3,333
Cash and cash equivalents, end of period 1,702 3,870
Cash payments during the period for:    
Interest 21 34
Income taxes $ 1,320 $ 805