Net Income | 3,794 | 3,218 | 2,462 | 2,144 | 1,410 | |
Depreciation & Amortization | 921 | 926 | 954 | 922 | 811 | |
Loss (Gain) From Sale of Assets | - | - | -24 | -197 | -91 | |
Other Operating Activities | -169 | -371 | -171 | -397 | 179 | |
Change in Accounts Receivable | -215 | -341 | -743 | -271 | 219 | |
Change in Inventory | -566 | -282 | -490 | -629 | 371 | |
Change in Accounts Payable | 399 | 256 | 334 | 832 | 76 | |
Change in Income Taxes | 142 | 61 | 170 | -317 | -95 | |
Change in Other Net Operating Assets | 21 | 157 | 41 | 76 | 64 | |
Operating Cash Flow | 4,327 | 3,624 | 2,533 | 2,163 | 2,944 | |
Operating Cash Flow Growth | 19.40% | 43.07% | 17.11% | -26.53% | -14.69% | |
Capital Expenditures | -808 | -757 | -598 | -575 | -389 | |
Sale of Property, Plant & Equipment | 85 | 76 | 163 | 44 | 12 | |
Cash Acquisitions | -50 | - | -610 | -4,500 | -200 | |
Divestitures | - | -2 | 31 | 3,129 | 1,408 | |
Investment in Securities | 538 | -1,920 | -60 | 255 | -460 | |
Other Investing Activities | -36 | 28 | -126 | -117 | 26 | |
Investing Cash Flow | -271 | -2,575 | -1,200 | -1,764 | 397 | |
Short-Term Debt Issued | - | - | 317 | 20 | - | |
Long-Term Debt Issued | 1,084 | 818 | 1,995 | 1,798 | - | |
Total Debt Issued | 1,084 | 818 | 2,312 | 1,818 | - | |
Short-Term Debt Repaid | -8 | -311 | - | - | -254 | |
Long-Term Debt Repaid | -1,015 | -19 | -2,012 | -1,013 | -249 | |
Total Debt Repaid | -1,023 | -330 | -2,012 | -1,013 | -503 | |
Net Debt Issued (Repaid) | 61 | 488 | 300 | 805 | -503 | |
Issuance of Common Stock | 69 | 78 | 28 | 63 | 71 | |
Repurchase of Common Stock | -2,562 | -49 | -346 | -169 | -1,645 | |
Common Dividends Paid | -1,500 | -1,379 | -1,299 | -1,219 | -1,175 | |
Other Financing Activities | -4 | -9 | -23 | -15 | -6 | |
Financing Cash Flow | -3,936 | -871 | -1,340 | -535 | -3,258 | |
Foreign Exchange Rate Adjustments | -52 | 16 | 4 | -5 | -15 | |
Miscellaneous Cash Flow Adjustments | -1 | - | - | - | - | |
Net Cash Flow | 67 | 194 | -3 | -141 | 68 | |
Free Cash Flow | 3,519 | 2,867 | 1,935 | 1,588 | 2,555 | |
Free Cash Flow Growth | 22.74% | 48.16% | 21.85% | -37.85% | -10.79% | |
Free Cash Flow Margin | 14.14% | 12.36% | 9.32% | 8.09% | 14.31% | |
Free Cash Flow Per Share | 8.81 | 7.15 | 4.83 | 3.95 | 6.32 | |
Cash Interest Paid | 330 | 320 | 252 | 209 | 217 | |
Cash Income Tax Paid | 752 | 727 | 393 | 753 | 391 | |
Levered Free Cash Flow | 2,847 | 2,407 | 1,576 | 3,705 | 1,764 | |
Unlevered Free Cash Flow | 2,920 | 2,537 | 1,631 | 3,795 | 1,902 | |
Change in Net Working Capital | 222 | 187 | 715 | -1,780 | -272 | |