Current report filing

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Consolidated net income $ 9,086 $ 8,646 $ 11,837
Depreciation and amortization 1,982 1,954 1,443
Stock-based compensation expense 259 354 380
Deferred income taxes 632 1,035 604
Equity (income) loss - net of dividends (426) (269) (671)
Foreign currency adjustments (130) 7 151
Significant (gains) losses on sales of assets - net (98) (220) (645)
Other significant (gains) losses - net 0 0 (4,713)
Other operating charges 166 214 264
Other items 254 (354) 512
Net change in operating assets and liabilities (1,080) (1,893) 370
Net cash provided by operating activities 10,645 9,474 9,532
INVESTING ACTIVITIES      
Purchases of short-term investments (9,590) (4,057) (4,579)
Proceeds from disposals of short-term investments 5,622 5,647 4,032
Acquisitions and investments (1,535) (977) (2,511)
Purchases of other investments (5,266) (787) (132)
Proceeds from disposals of bottling companies and other investments 2,189 562 972
Purchases of property, plant and equipment (2,780) (2,920) (2,215)
Proceeds from disposals of property, plant and equipment 143 101 134
Other investing activities (187) (93) (106)
Net cash provided by (used in) investing activities (11,404) (2,524) (4,405)
FINANCING ACTIVITIES      
Issuances of debt 42,791 27,495 15,251
Payments of debt (38,573) (22,530) (13,403)
Issuances of stock 1,489 1,569 1,666
Purchases of stock for treasury (4,559) (4,513) (2,961)
Dividends (4,595) (4,300) (4,068)
Other financing activities 100 45 50
Net cash provided by (used in) financing activities (3,347) (2,234) (3,465)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (255) (430) (166)
CASH AND CASH EQUIVALENTS      
Net increase (decrease) during the year (4,361) 4,286 1,496
Balance at beginning of year 12,803 8,517 7,021
Balance at end of year $ 8,442 $ 12,803 $ 8,517