Current report filing

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Tables)

v3.19.2
NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2018
NET CHANGE IN OPERATING ASSETS AND LIABILITIES DISCLOSURE [Abstract]  
Net change in operating assets and liabilities
Net cash provided by (used in) operating activities attributable to the net change in operating assets and liabilities is composed of the following (in millions):
Year Ended December 31,
2018

2017

2016

(Increase) decrease in trade accounts receivable
$
27

$
(108
)
$
(28
)
(Increase) decrease in inventories
(203
)
(276
)
(142
)
(Increase) decrease in prepaid expenses and other assets
(221
)
506

279

Increase (decrease) in accounts payable and accrued expenses
(251
)
(573
)
(540
)
Increase (decrease) in accrued income taxes
(17
)
(159
)
750

Increase (decrease) in other liabilities1
(575
)
4,052

(544
)
Net change in operating assets and liabilities
$
(1,240
)
$
3,442

$
(225
)

1 The increase in other liabilities in 2017 was primarily due to the one-time transition tax required by the Tax Reform Act signed into law on
December 22, 2017. Refer to Note 15.