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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 2,328 $ 2,483 $ 1,985
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 755 628 555
Deferred income taxes (333) (97) (352)
Stock-based compensation 92 80 73
Excess tax benefit from stock-based compensation (20) (25) (22)
Equity income in unconsolidated affiliates (63) (58) (46)
Dividend from unconsolidated affiliates 66 61 45
Other 84 84 69
Change in operating assets and liabilities, net of acquisitions:      
Receivables (493) (517) (696)
Inventories 396 (1,061) (591)
Costs in excess of billings (314) (632) 222
Prepaid and other current assets 30 (224) (44)
Accounts payable 9 (19) 205
Billings in excess of costs 582 324 354
Income taxes payable 211 (409) 283
Other assets/liabilities, net 67 2 103
Net cash provided by operating activities 3,397 620 2,143
Cash flows from investing activities:      
Purchases of property, plant and equipment (669) (583) (483)
Business acquisitions, net of cash acquired (2,397) (2,880) (1,038)
Business divestitures, net of cash disposed 30    
Dividend from unconsolidated affiliate     13
Other, net 72 35 50
Net cash used in investing activities (2,964) (3,428) (1,458)
Cash flows from financing activities:      
Borrowings against lines of credit and other debt 2,609 5,575  
Payments against lines of credit and other debt (2,610) (2,938) (391)
Cash dividends paid (389) (209) (191)
Proceeds from stock options exercised 58 113 96
Excess tax benefit from stock-based compensation 20 25 22
Other 7 17  
Net cash provided by (used in) financing activities (305) 2,583 (464)
Effect of exchange rates on cash (11) 9 (19)
Increase (decrease) in cash and cash equivalents 117 (216) 202
Cash and cash equivalents, beginning of period 3,319 3,535 3,333
Cash and cash equivalents, end of period 3,436 3,319 3,535
Cash payments during the period for:      
Interest 111 40 44
Income taxes $ 1,099 $ 1,572 $ 945