v3.26.3
Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Provided by (Used for) Operating Activities:    
Net income $ 2,438 $ 2,276
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 247 234
Amortization and impairment of intangible assets 50 60
Change in deferred income taxes 2 (39)
Net provision for (recoveries of) uncollectible accounts 5 4
Stock-based compensation expense 60 52
Other non-cash items, net (16) 6
(Increase) decrease in-    
Trade receivables (300) (135)
Inventories (174) (48)
Prepaid expenses and other assets (12) (60)
Increase (decrease) in-    
Accounts payable 103 60
Accrued expenses and other liabilities (8) (91)
Income taxes (96) (156)
Net cash provided by operating activities 2,299 2,163
Cash Provided by (Used for) Investing Activities:    
Acquisition of businesses (excluding cash and equivalents) 0 1
Additions to plant and equipment (289) (314)
Proceeds from sale of operations and affiliates 0 1
Other, net 31 12
Net cash provided by (used for) investing activities (258) (300)
Cash Provided by (Used for) Financing Activities:    
Cash dividends paid (1,386) (1,318)
Issuance of common stock 63 60
Repurchases of common stock (1,312) (1,125)
Net proceeds from (repayments of) debt with original maturities of three months or less (915) 489
Proceeds from debt with original maturities of more than three months 1,496 0
Other, net (41) (32)
Net cash provided by (used for) financing activities (2,095) (1,926)
Effect of Exchange Rate Changes on Cash and Equivalents 12 39
Cash and Equivalents:    
Increase (decrease) during the period (42) (24)
Beginning of period 851 948
End of period 809 924
Supplementary Cash Flow Information:    
Cash Paid During the Period for Interest 254 243
Cash Paid During the Period for Income Taxes, Net of Refunds $ 834 $ 862