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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Income from continuing operations $ 1,157 $ 953
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 381 356
Deferred income taxes (57) (116)
Equity income in unconsolidated affiliates (33) (34)
Dividend from unconsolidated affiliate 73 66
Other, net 127 29
Change in operating assets and liabilities, net of acquisitions:    
Receivables (123) (4)
Inventories (516) (54)
Costs in excess of billings (28) (222)
Prepaid and other current assets (48) 32
Accounts payable 101 (47)
Billings in excess of costs 405 (30)
Income taxes payable (295) (99)
Other assets/liabilities, net 126 (91)
Net cash provided by continuing operating activities 1,270 739
Discontinued operations 89 131
Net cash provided by operating activities 1,359 870
Cash flows from investing activities:    
Purchases of property, plant and equipment (300) (284)
Business acquisitions, net of cash acquired (102) (2,390)
Cash distributed in spin-off (253)  
Other 13 46
Net cash used in continuing investing activities (642) (2,628)
Discontinued operations (12) (36)
Net cash used in investing activities (654) (2,664)
Cash flows from financing activities:    
Borrowings against lines of credit and other debt 151 1,556
Repayments on debt (151) (586)
Cash dividends paid (309) (167)
Proceeds from stock options exercised 34 12
Other 12 13
Net cash provided by (used in) continuing financing activities (263) 828
Discontinued operations      
Net cash provided by (used in) financing activities (263) 828
Effect of exchange rates on cash 7 (26)
Increase (decrease) in cash and cash equivalents 449 (992)
Cash and cash equivalents, beginning of period 3,436 3,319
Cash and cash equivalents, end of period 3,885 2,327
Cash payments during the period for:    
Interest 53 57
Income taxes $ 886 $ 668