Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 3,433 $ 5,560
Cash flows provided by (used for) operating activities:    
Net income 4,454 2,964
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,806 1,625
Share-based compensation 433 397
Restructuring and other charges 0 80
Amortization of intangibles 390 321
(Gains) losses on equity investments, net (643) (250)
Deferred taxes 1 212
Changes in assets and liabilities:    
Accounts receivable 102 (105)
Inventories (96) (232)
Accounts payable 73 188
Accrued compensation and benefits (1,307) (1,277)
Increase (Decrease) in Customer Advances 1,599 0
Income taxes payable and receivable 294 427
Other assets and liabilities (822) (452)
Total adjustments 1,830 934
Net cash provided by operating activities 6,284 3,898
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (2,910) (1,952)
Purchases of available-for-sale debt investments (859) (1,746)
Maturities of available-for-sale debt investments 893 1,508
Purchases of trading assets (5,398) (3,075)
Maturities and sales of trading assets 3,760 2,433
Other investing (277) 54
Net cash used for investing activities (4,791) (2,778)
Cash flows provided by (used for) financing activities:    
Proceeds from (Repayments of) Short-term Debt 2,142 435
Repayments of Long-term Debt 327 0
Proceeds from Stock Plans 289 329
Repurchase of common stock (1,914) (1,242)
Payment of dividends to stockholders (1,400) (1,229)
Other financing (162) (39)
Net cash provided by (used for) financing activities (1,372) (1,746)
Net increase (decrease) in cash and cash equivalents 121 (626)
Cash and cash equivalents, end of period 3,554 4,934
Supplemental disclosures of noncash investing activities and cash flow information:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 2,904 1,448
Interest, net of capitalized interest and interest rate swap payments/receipts 60 97
Income taxes, net of refunds $ 228 $ 171