Net Income | 3,236 | 3,470 | 3,668 | 4,114 | 3,781 | 2,765 | |
Depreciation & Amortization | 1,673 | 1,658 | 1,607 | 1,502 | 1,420 | 1,383 | |
Loss (Gain) From Sale of Assets | -11 | -11 | -34 | -238 | -454 | -35 | |
Asset Writedown & Restructuring Costs | 108 | 108 | - | - | - | - | |
Other Operating Activities | -33 | -52 | 119 | 84 | 179 | 148 | |
Change in Accounts Receivable | 68 | 82 | -51 | -101 | -141 | 83 | |
Change in Accounts Payable | 12 | -5 | 83 | 140 | 128 | -20 | |
Change in Income Taxes | 299 | -19 | 430 | -39 | 72 | 39 | |
Change in Other Net Operating Assets | 84 | 16 | -308 | 64 | 114 | -100 | |
Operating Cash Flow | 5,436 | 5,247 | 5,514 | 5,526 | 5,099 | 4,263 | |
Operating Cash Flow Growth | 2.01% | -4.84% | -0.22% | 8.37% | 19.61% | -12.10% | |
Capital Expenditures | -2,731 | -2,529 | -2,257 | -2,113 | -1,791 | -1,626 | |
Sale of Property, Plant & Equipment | 78 | 66 | 88 | 294 | 529 | 56 | |
Cash Acquisitions | -44 | -70 | -31 | -227 | -541 | - | |
Investment in Securities | 11 | 25 | 49 | -50 | -70 | 998 | |
Other Investing Activities | -80 | -97 | -76 | 33 | -4 | -77 | |
Investing Cash Flow | -2,766 | -2,605 | -2,227 | -2,063 | -1,877 | -649 | |
Long-Term Debt Issued | - | 550 | 600 | 2,000 | - | 1,000 | |
Long-Term Debt Repaid | - | -558 | -153 | -186 | -426 | -745 | |
Net Debt Issued (Repaid) | 592 | -8 | 447 | 1,814 | -426 | 255 | |
Repurchase of Common Stock | -2,741 | -2,237 | -3,482 | -4,731 | -2,886 | -867 | |
Common Dividends Paid | -940 | -930 | -882 | -852 | -839 | -797 | |
Other Financing Activities | 75 | 113 | 50 | - | 39 | -34 | |
Financing Cash Flow | -3,014 | -3,062 | -3,867 | -3,769 | -4,112 | -1,443 | |
Net Cash Flow | -344 | -420 | -580 | -306 | -890 | 2,171 | |
Free Cash Flow | 2,705 | 2,718 | 3,257 | 3,413 | 3,308 | 2,637 | |
Free Cash Flow Growth | -9.77% | -16.55% | -4.57% | 3.17% | 25.45% | -17.41% | |
Free Cash Flow Margin | 18.94% | 18.69% | 22.22% | 22.98% | 26.42% | 24.92% | |
Free Cash Flow Per Share | 1.41 | 1.40 | 1.62 | 1.59 | 1.47 | 1.14 | |
Cash Interest Paid | 850 | 850 | 806 | 729 | 718 | 750 | |
Cash Income Tax Paid | 1,076 | 1,076 | 630 | 1,167 | 931 | 664 | |
Levered Free Cash Flow | 2,121 | 2,142 | 2,524 | 2,695 | 2,723 | 1,788 | |
Unlevered Free Cash Flow | 2,641 | 2,662 | 3,030 | 3,159 | 3,175 | 2,260 | |
Change in Net Working Capital | -463 | -108 | -185 | -58 | -168 | 262 | |