| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Earnings from continuing operations | ||||||
1,462 | 1,056 | |||||
Adjustments for: | ||||||
Depreciation | ||||||
296 | 313 | |||||
Net gains on disposals of businesses and investments | ||||||
36 | 3 | |||||
Deferred tax | ||||||
-511 | -11 | |||||
Other | ||||||
773 | 288 | |||||
Pension contribution | ||||||
-500 | 0 | |||||
Changes in working capital and other items | ||||||
566 | -18 | |||||
Operating cash flows from continuing operations | ||||||
2,085 | 2,900 | |||||
Operating cash flows from discontinued operations | ||||||
-56 | 84 | |||||
Net cash provided by operating activities | ||||||
2,029 | 2,984 | |||||
INVESTING ACTIVITIES | ||||||
Acquisitions, net of cash acquired | ||||||
185 | 112 | |||||
Proceeds from disposals of businesses and investments | ||||||
50 | 5 | |||||
Proceeds from disposals of property and equipment | ||||||
-950 | -905 | |||||
Other investing activities | ||||||
21 | 40 | |||||
Investing cash flows from continuing operations | ||||||
-1,064 | -972 | |||||
Investing cash flows from discontinued operations | ||||||
17 | 3,158 | |||||
Net cash used in investing activities | ||||||
-1,047 | 2,186 | |||||
FINANCING ACTIVITIES | ||||||
Proceeds from debt | ||||||
- | 498 | |||||
Repayments of debt | ||||||
2,112 | 503 | |||||
Net borrowings (repayments) under short-term loan facilities | ||||||
1,641 | -1,038 | |||||
Repurchases of common shares | ||||||
1,000 | 1,673 | |||||
Dividends paid to non-controlling interests | ||||||
66 | 57 | |||||
Other financing activities | ||||||
5 | 43 | |||||
Net cash used in financing activities | ||||||
-2,490 | -3,712 | |||||
Increase (decrease) in cash and bank overdrafts | ||||||
-1,508 | 1,458 | |||||
Translation adjustments | ||||||
9 | -13 | |||||
Supplemental cash flow information is provided in note 17. | ||||||
Interest paid | ||||||
374 | 347 | |||||
Income taxes (paid) received | ||||||
191 | 347 | |||||