| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Operating Activities | ||||||
Net (loss) income | ||||||
600 | 4,000 | 1,592 | 4,404 | 7,783 | ||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
2,066 | 2,170 | 3,969 | 2,862 | 2,521 | ||
Credit for deferred income tax and other tax related items | ||||||
-478 | -667 | -2,083 | -1,259 | 305 | ||
Earnings of nonconsolidated affiliates less than (in excess of) dividends received | ||||||
- | - | -128 | -243 | -142 | ||
Net periodic pension benefit (credit) cost | ||||||
- | - | 1,026 | 389 | 755 | ||
Pension contributions | ||||||
- | - | 1,744 | 629 | 844 | ||
Net gain on sales of assets, businesses and investments | ||||||
- | - | 1,172 | 214 | 4,655 | ||
Net (gain) loss on step acquisition of nonconsolidated affiliate | ||||||
- | - | 0 | 2,445 | 361 | ||
Restructuring and asset related charges - net | ||||||
- | - | 3,280 | 595 | 559 | ||
Goodwill impairment charge | ||||||
1,175 | 0 | - | - | - | ||
Amortization of merger-related inventory step-up | ||||||
- | - | 1,573 | 0 | 0 | ||
Asbestos-related charge | ||||||
- | - | 0 | -1,113 | 0 | ||
Other net loss | ||||||
- | - | -470 | -361 | -437 | ||
Changes in assets and Liabilities, net of effects of acquired and divested companies | ||||||
Accounts and notes receivable | ||||||
- | - | 9,782 | 8,833 | 84 | ||
Inventories | ||||||
- | - | 2,218 | -610 | -780 | ||
Accounts payable | ||||||
- | - | 2,631 | 569 | -717 | ||
Other assets and liabilities, net | ||||||
- | - | -1,565 | 723 | 48 | ||
Cash provided by operating activities | ||||||
- | - | -765 | -2,957 | 7,607 | ||
Investing Activities | ||||||
Capital expenditures | ||||||
1,492 | 1,244 | 3,570 | 3,804 | 3,703 | ||
Investment in gas field developments | ||||||
- | - | 121 | 113 | 0 | ||
Construction of assets pending sale / leaseback | ||||||
- | - | - | - | 0 | ||
Proceeds from sale / leaseback of assets | ||||||
- | - | - | - | 3 | ||
Purchases of previously leased assets | ||||||
- | - | 187 | 0 | 46 | ||
Payment into escrow / trust accounts | ||||||
- | - | - | - | 0 | ||
Distribution from escrow / trust accounts | ||||||
- | - | - | - | 0 | ||
Proceeds from sales of property and businesses, net of cash divested | ||||||
- | - | 2,959 | 284 | 2,383 | ||
Acquisitions of property and businesses, net of cash acquired | ||||||
- | - | -50 | 187 | 123 | ||
Cash acquired in merger transaction | ||||||
- | - | 4,005 | 0 | 0 | ||
Cash acquired in step acquisition of nonconsolidated affiliate | ||||||
- | - | 0 | 1,070 | - | ||
Investments in and loans to nonconsolidated affiliates | ||||||
- | - | 754 | 1,020 | 803 | ||
Distributions and loan repayments from nonconsolidated affiliates | ||||||
- | - | 106 | 109 | 17 | ||
Proceeds from sale of ownership interests in nonconsolidated affiliates | ||||||
- | - | 64 | 22 | 1,528 | ||
Purchases of investments | ||||||
- | - | 1,690 | 577 | 1,246 | ||
Proceeds from sales and maturities of investments | ||||||
- | - | 4,101 | 733 | 640 | ||
Proceeds from interests in trade accounts receivable conduits | ||||||
- | - | 9,462 | 8,551 | -1,034 | ||
Other investing activities, net | ||||||
- | - | 100 | -24 | 0 | ||
Cash used for investing activities | ||||||
- | - | 14,325 | 5,092 | -1,350 | ||
Financing Activities | ||||||
Changes in short-term notes payable | ||||||
- | - | -2,248 | -33 | -82 | ||
Proceeds from issuance of long-term debt | ||||||
- | - | 499 | 32 | 1,383 | ||
Payments on long-term debt | ||||||
- | - | 663 | 588 | 1,114 | ||
Payments for Repurchase of Common Stock | ||||||
750 | - | 1,000 | 916 | 1,166 | ||
Proceeds from issuance of Company stock | ||||||
- | - | 66 | 0 | 0 | ||
Proceeds from sale of common stock | ||||||
- | - | 453 | 398 | 508 | ||
Transaction financing, debt issuance and other costs | ||||||
- | - | 0 | 0 | - | ||
Employee taxes paid for share-based payment arrangements | ||||||
- | - | 99 | 65 | 50 | ||
Distributions to noncontrolling interests | ||||||
- | - | 136 | 176 | 112 | ||
Purchases of noncontrolling interests | ||||||
- | - | 0 | 202 | 175 | ||
Contributions from noncontrolling interests | ||||||
- | - | - | - | 17 | ||
Dividends paid to stockholders | ||||||
1,611 | 3,491 | 3,394 | 2,462 | 2,253 | ||
Other financing activities, net | ||||||
- | - | -32 | -2 | -88 | ||
Cash used for financing activities | ||||||
- | - | -6,554 | -4,014 | -3,132 | ||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
- | - | 297 | -77 | -202 | ||
Summary | ||||||
Increase (Decrease) in cash, cash equivalents and restricted cash | ||||||
- | - | 7,391 | -1,956 | 2,923 | ||
Supplemental Cash Flow Information [Abstract] | ||||||
Interest Paid, net of amounts capitalized | ||||||
969 | 2,116 | 1,254 | 1,192 | 1,137 | ||
Income Taxes Paid, Net | ||||||
722 | 2,199 | 1,368 | 1,592 | 1,405 | ||
Total Company [Domain] | ||||||
Net income | ||||||
600 | 4,000 | - | - | - | ||
Depreciation and amortization | ||||||
3,195 | 5,918 | - | - | - | ||
Credit for deferred income tax and other tax related items | ||||||
-768 | -366 | - | - | - | ||
Earnings of nonconsolidated affiliates less than (in excess of) dividends received | ||||||
-909 | -83 | - | - | - | ||
Net periodic pension benefit (credit) cost | ||||||
-55 | 58 | - | - | - | ||
Pension contributions | ||||||
697 | 2,964 | - | - | - | ||
Net gain on sales of assets, businesses and investments | ||||||
149 | 93 | - | - | - | ||
Restructuring and asset related charges - net | ||||||
588 | 1,105 | - | - | - | ||
Goodwill impairment charge | ||||||
1,175 | 0 | - | - | - | ||
Amortization of merger-related inventory step-up | ||||||
253 | 1,628 | - | - | - | ||
Other net loss | ||||||
-338 | -720 | - | - | - | ||
Accounts and notes receivable | ||||||
2,227 | 1,611 | - | - | - | ||
Inventories | ||||||
-387 | 1,496 | - | - | - | ||
Accounts payable | ||||||
-1,049 | 201 | - | - | - | ||
Other assets and liabilities, net | ||||||
1,091 | 2,452 | - | - | - | ||
Cash provided by operating activities | ||||||
1,409 | 4,731 | - | - | - | ||
Capital expenditures | ||||||
2,472 | 3,837 | - | - | - | ||
Investment in gas field developments | ||||||
25 | 114 | - | - | - | ||
Purchases of previously leased assets | ||||||
0 | -26 | - | - | - | ||
Proceeds from sales of property and businesses, net of cash divested | ||||||
278 | 202 | - | - | - | ||
Acquisitions of property and businesses, net of cash acquired | ||||||
-180 | -20 | - | - | - | ||
Cash acquired in merger transaction | ||||||
0 | 0 | - | - | - | ||
Investments in and loans to nonconsolidated affiliates | ||||||
-1 | -26 | - | - | - | ||
Distributions and loan repayments from nonconsolidated affiliates | ||||||
0 | 55 | - | - | - | ||
Proceeds from sale of ownership interests in nonconsolidated affiliates | ||||||
21 | 4 | - | - | - | ||
Purchases of investments | ||||||
197 | 2,787 | - | - | - | ||
Proceeds from sales and maturities of investments | ||||||
242 | 3,402 | - | - | - | ||
Proceeds from interests in trade accounts receivable conduits | ||||||
0 | 657 | - | - | - | ||
Other investing activities, net | ||||||
-21 | -28 | - | - | - | ||
Cash used for investing activities | ||||||
-2,313 | -2,462 | - | - | - | ||
Changes in short-term notes payable | ||||||
2,735 | 223 | - | - | - | ||
Proceeds from issuance of long-term debt | ||||||
4,005 | 15,455 | - | - | - | ||
Payments on long-term debt | ||||||
6,900 | 9,009 | - | - | - | ||
Payments for Repurchase of Common Stock | ||||||
2,329 | 4,421 | - | - | - | ||
Proceeds from issuance of Company stock | ||||||
85 | 197 | - | - | - | ||
Proceeds from sale of common stock | ||||||
0 | 0 | - | - | - | ||
Employee taxes paid for share-based payment arrangements | ||||||
84 | 128 | - | - | - | ||
Distributions to noncontrolling interests | ||||||
27 | 195 | - | - | - | ||
Dividends paid to stockholders | ||||||
1,611 | 3,491 | - | - | - | ||
Cash held by Dow and Corteva at the respective Distributions | ||||||
-7,315 | 0 | - | - | - | ||
Debt extinguishment costs | ||||||
-104 | -555 | - | - | - | ||
Other financing activities, net | ||||||
-5 | 6 | - | - | - | ||
Cash used for financing activities | ||||||
-11,550 | -1,918 | - | - | - | ||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
9 | -344 | - | - | - | ||
Increase (Decrease) in cash, cash equivalents and restricted cash | ||||||
-12,445 | 7 | - | - | - | ||