v2.4.0.6
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 10,771 $ 10,365
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation 2,572 2,701
Amortization of intangibles 952 926
Stock-based compensation 510 498
Net (gain)/loss on asset sales and other (697) (252)
Changes in operating assets and liabilities, net of acquisitions/divestitures (868) (1,488)
Net cash provided by operating activities 13,240 12,750
Cash flows from investing activities:    
Payments for property, plant and equipment (3,082) (3,060)
Proceeds from disposition of property, plant and equipment 233 480
Investment in software (476) (421)
Acquisition of businesses, net of cash acquired (2,266) (223)
Divestitures of businesses, net of cash transferred 587 4
Non-operating finance receivables - net 718 534
Purchases of marketable securities and other investments (2,596) (1,156)
Proceeds from disposition of marketable securities and other investments 1,971 2,950
Net cash used in investing activities (4,912) [1] (891) [1]
Cash flows from financing activities:    
Proceeds from new debt 9,589 6,652
Payments to settle debt (4,991) (5,625)
Short-term borrowings/(repayments) less than 90 days - net (2,177) 116
Common stock repurchases (8,988) (11,465)
Common stock transactions - other 1,198 2,029
Cash dividends paid (2,816) (2,593)
Net cash used in financing activities (8,185) (10,886)
Effect of exchange rate changes on cash and cash equivalents (156) (330)
Net change in cash and cash equivalents (13) 643
Cash and cash equivalents at January 1 11,922 10,661
Cash and cash equivalents at September 30 $ 11,909 $ 11,303
[1] Amounts may not add due to rounding.