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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Income from continuing operations $ 755 $ 1,858
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 564 579
Deferred income taxes (122) (36)
Equity income in unconsolidated affiliates (16) (42)
Dividend from unconsolidated affiliate 34 73
Intangible asset impairment 55  
Other, net 236 180
Change in operating assets and liabilities, net of acquisitions:    
Receivables 1,045 (201)
Inventories (6) (817)
Costs in excess of billings 209 (76)
Prepaid and other current assets 73 (73)
Accounts payable (460) 186
Billings in excess of costs (595) 38
Income taxes payable (318) (289)
Other assets/liabilities, net (736) 409
Net cash provided by continuing operating activities 718 1,789
Discontinued operations   89
Net cash provided by operating activities 718 1,878
Cash flows from investing activities:    
Purchases of property, plant and equipment (332) (468)
Business acquisitions, net of cash acquired (70) (181)
Cash distributed in spin-off   (253)
Other 24 117
Net cash used in continuing investing activities (378) (785)
Discontinued operations   (12)
Net cash used in investing activities (378) (797)
Cash flows from financing activities:    
Borrowings against lines of credit and other debt 9,184 153
Repayments on debt (8,369) (155)
Cash dividends paid (537) (507)
Share repurchases (2,221)  
Proceeds from stock options exercised 6 107
Other (2) 9
Net cash used in continuing financing activities (1,939) (393)
Discontinued operations 0 0
Net cash used in financing activities (1,939) (393)
Effect of exchange rates on cash (91) (33)
Increase (decrease) in cash and cash equivalents (1,690) 655
Cash and cash equivalents, beginning of period 3,536 3,436
Cash and cash equivalents, end of period 1,846 4,091
Cash payments during the period for:    
Interest 57 57
Income taxes $ 760 $ 1,097