Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 27, 2013
Sep. 28, 2012
OPERATING ACTIVITIES    
Consolidated net income $ 6,918 $ 7,196
Depreciation and amortization 1,444 1,469
Stock-based compensation expense 155 254
Deferred income taxes 179 156
Equity (income) loss - net of dividends (270) (338)
Foreign currency adjustments 140 (106)
Significant (gains) losses on sales of assets - net (670) (108)
Other operating charges 331 98
Other items 137 61
Net change in operating assets and liabilities (652) (842)
Net cash provided by operating activities 7,712 7,840
INVESTING ACTIVITIES    
Purchases of investments (11,451) (11,759)
Proceeds from disposals of investments 9,601 4,428
Acquisitions of businesses, equity method investments and nonmarketable securities (326) (1,148)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities 869 19
Purchases of property, plant and equipment (1,625) (1,971)
Proceeds from disposals of property, plant and equipment 64 73
Other investing activities (115) (41)
Net cash provided by (used in) investing activities (2,983) (10,399)
FINANCING ACTIVITIES    
Issuances of debt 31,147 32,888
Payments of debt (27,293) (28,790)
Issuances of stock 1,079 1,319
Purchases of stock for treasury (3,892) (3,619)
Dividends (2,494) (2,304)
Other financing activities 70 107
Net cash provided by (used in) financing activities (1,383) (399)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (670) (230)
CASH AND CASH EQUIVALENTS    
Net increase (decrease) during the period 2,676 (3,188)
Balance at beginning of period 8,442 12,803
Balance at end of period $ 11,118 $ 9,615