| Cash Flow |
in Millions of Dollars |
|
|
| Net Income |
756 |
794 |
212 |
(523) |
359 |
| Depreciation |
92 |
86 |
87 |
136 |
126 |
| Amortization |
- |
- |
- |
- |
- |
| Amortization of Intagibles |
- |
- |
- |
- |
- |
| Deferred Income Taxes |
193 |
65 |
(20) |
60 |
17 |
| Operating Gains/Losses |
(1) |
(4) |
(8) |
(3) |
(28) |
| Extraordinary Gains/Losses |
- |
- |
- |
- |
- |
| Decrease in Receivables |
(114) |
(128) |
(221) |
277 |
149 |
| Decrease in Inventories |
(93) |
(170) |
(28) |
120 |
100 |
| Decrease in Prepaid Expenses |
- |
- |
- |
- |
- |
| Decrease in Other Current Assets |
- |
- |
- |
- |
- |
| Increase in Payables |
(4) |
34 |
44 |
(47) |
7 |
| Increase in Other Current Liabilities |
(45) |
(12) |
109 |
(55) |
(91) |
| Decrease in Other Working Capital |
75 |
66 |
178 |
(331) |
(95) |
| Other Non-Cash Items |
82 |
92 |
93 |
562 |
123 |
| Net Cash from Continuing Operations |
942 |
823 |
448 |
196 |
668 |
| Net Cash from Discontinued Operations |
- |
- |
- |
- |
- |
| Cash from Operating Activities |
942 |
823 |
448 |
196 |
668 |
|
|
| Sale of Property, Plant, Equipment |
2 |
18 |
- |
- |
69 |
| Sale of Long Term Investments |
1,105 |
879 |
956 |
733 |
- |
| Sale of Short Term Investments |
- |
- |
- |
- |
1,665 |
| Purchase of Property, Plant, Equipment |
(58) |
(51) |
(30) |
(22) |
(57) |
| Acquisitions |
- |
- |
(2) |
(141) |
(494) |
| Purchase of Long Term Investments |
(1,578) |
(1,205) |
(1,158) |
(1,076) |
- |
| Purchase of Short Term Investments |
- |
- |
- |
- |
(1,130) |
| Other Investment Changes, Net |
- |
- |
6 |
22 |
- |
| Cash from Investing Activities |
(529) |
(360) |
(228) |
(485) |
52 |
| Cash from Discontinued Investing Activities |
- |
- |
- |
- |
- |
|
| Issuance of Debt |
- |
- |
- |
- |
745 |
| Issuance of Capital Stock |
164 |
125 |
36 |
40 |
156 |
| Repayment of Debt |
- |
- |
- |
- |
- |
| Repurchase of Capital Stock |
(264) |
(235) |
(136) |
(227) |
(1,111) |
| Payment of Cash Dividends |
(234) |
(167) |
(102) |
(102) |
(109) |
| Other Financing Charges, Net |
(30) |
(22) |
(14) |
(11) |
1 |
| Cash from Financing Activities |
(364) |
(300) |
(216) |
(299) |
(319) |
| Cash from Discontinued Financing Activities |
- |
- |
- |
- |
- |
|
|
| Effect of Exchange Rate Changes |
(9) |
18 |
1 |
(15) |
4 |
| Net Change in Cash |
40 |
181 |
5 |
(603) |
406 |
|
| Cash at Beginning of Year |
711 |
530 |
525 |
1,128 |
723 |
| Cash at End of Period |
751 |
711 |
530 |
525 |
1,128 |
| Foreign Sales |
2,497 |
- |
- |
- |
2,003 |
| Domestic Sales |
675 |
- |
- |
- |
519 |
