financial analysis
Impaler_2019
CopyofMAFinancialStatementsFinalProject-MBA615.xlsMA Income Statement
| Name | 2018 | 2017 | 2016 | 2015 | 2014 |
| Gross Profit | 14,950,000,000 | 12,497,000,000 | 10,776,000,000 | 9,667,000,000 | 9,473,000,000 |
| Business Revenue | 18,483,000,000 | 15,492,000,000 | 10,776,000,000 | 9,667,000,000 | 11,056,000,000 |
| Sales Return and Allowances/Discounts | -6,881,000,000 | -5,848,000,000 | -3,271,000,000 | ||
| Other Revenue | 3,348,000,000 | 2,853,000,000 | 1,688,000,000 | ||
| Operating Income/Expenses | -6,576,000,000 | -5,754,000,000 | -4,864,000,000 | -4,610,000,000 | -4,397,000,000 |
| Selling, General and Administrative Expenses | -6,117,000,000 | -5,318,000,000 | -4,491,000,000 | -4,244,000,000 | -4,076,000,000 |
| Staff Costs | -3,214,000,000 | -2,687,000,000 | -2,225,000,000 | -2,105,000,000 | -2,064,000,000 |
| General and Administrative Expenses | -1,019,000,000 | -874,000,000 | -698,000,000 | -646,000,000 | -570,000,000 |
| Legal, Accounting, Auditing and Consulting Fees | -377,000,000 | -355,000,000 | -337,000,000 | -310,000,000 | -307,000,000 |
| Telecommunication Expense | -600,000,000 | -504,000,000 | -420,000,000 | -362,000,000 | -273,000,000 |
| Selling and Marketing Expenses | -907,000,000 | -898,000,000 | -811,000,000 | -821,000,000 | -862,000,000 |
| Depreciation, Amortization and Depletion | -459,000,000 | -436,000,000 | -373,000,000 | -366,000,000 | -321,000,000 |
| Depreciation and Amortization | -459,000,000 | -436,000,000 | -373,000,000 | -366,000,000 | -321,000,000 |
| Provision Expense/Write-Back | |||||
| Provision for Doubtful Accounts | |||||
| Total Operating Profit/Loss | 8,374,000,000 | 6,743,000,000 | 5,912,000,000 | 5,057,000,000 | 5,076,000,000 |
| Non-Operating Income/Expenses, Total | -1,170,000,000 | -221,000,000 | -266,000,000 | -99,000,000 | 3,000,000 |
| Total Net Finance Income/Expense | -186,000,000 | -154,000,000 | -95,000,000 | -61,000,000 | -22,000,000 |
| Net Interest Income/Expense | -186,000,000 | -154,000,000 | -95,000,000 | -61,000,000 | -22,000,000 |
| Interest Expense Net of Capitalized Interest | -186,000,000 | -154,000,000 | -95,000,000 | -61,000,000 | -48,000,000 |
| Interest Income | 26,000,000 | ||||
| Net Investment Income | 158,000,000 | -50,000,000 | 9,000,000 | 107,000,000 | 32,000,000 |
| Gain/Loss on Foreign Exchange | 36,000,000 | -106,000,000 | -34,000,000 | 82,000,000 | 30,000,000 |
| Other Investment Income | 122,000,000 | 56,000,000 | 43,000,000 | 25,000,000 | |
| Gain/Loss on Investments and Other Financial Instruments | 2,000,000 | ||||
| Irregular Income/Expenses | -1,128,000,000 | -15,000,000 | -117,000,000 | -61,000,000 | 0 |
| Litigation Income/Expense | -1,128,000,000 | -15,000,000 | -117,000,000 | -61,000,000 | 0 |
| Other Income/Expense, Non-Operating | -14,000,000 | -2,000,000 | -63,000,000 | -84,000,000 | -7,000,000 |
| Pretax Income | 7,204,000,000 | 6,522,000,000 | 5,646,000,000 | 4,958,000,000 | 5,079,000,000 |
| Provision for Income Tax | -1,345,000,000 | -2,607,000,000 | -1,587,000,000 | -1,150,000,000 | -1,462,000,000 |
| Net Income from Continuing Operations | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Net Income after Extraordinary Items and Discontinued Operations | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Net Income after Non-Controlling/Minority Interests | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Net Income Available to Common Stockholders | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Diluted Net Income Available to Common Stockholders | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Non-Controlling/Minority Interests | |||||
| Reported Total Revenue | 14,950,000,000 | 12,497,000,000 | 10,776,000,000 | 9,667,000,000 | 9,473,000,000 |
| Reported Operating Expense | -7,668,000,000 | -5,875,000,000 | -5,015,000,000 | -4,589,000,000 | -4,367,000,000 |
| Reported Total Operating Profit/Loss | 7,282,000,000 | 6,622,000,000 | 5,761,000,000 | 5,078,000,000 | 5,106,000,000 |
| Reported Normalized Income | 6,792,000,000 | 4,906,000,000 | 4,144,000,000 | 3,903,000,000 | |
| Reported Effective Tax Rate | 0 | 0 | 0 | 0 | 0 |
| Reported Normalized Operating Profit | 5,878,000,000 | 5,218,000,000 | |||
| Gross Profit | |||||
| Cost of Revenue | |||||
| Fiscal year ends in Dec 31 | USD |
MA Balance Sheet
| Name | 2018 | 2017 | 2016 | 2015 | 2014 |
| Total Assets | 24,860,000,000 | 21,329,000,000 | 18,675,000,000 | 16,269,000,000 | 15,329,000,000 |
| Total Current Assets | 16,171,000,000 | 13,797,000,000 | 13,228,000,000 | 10,985,000,000 | 10,997,000,000 |
| Cash, Cash Equivalents and Short Term Investments | 8,378,000,000 | 7,782,000,000 | 8,335,000,000 | 6,738,000,000 | 6,305,000,000 |
| Cash and Cash Equivalents | 6,682,000,000 | 5,933,000,000 | 6,721,000,000 | 5,747,000,000 | 5,137,000,000 |
| Short Term Investments | 1,696,000,000 | 1,849,000,000 | 1,614,000,000 | 991,000,000 | 1,168,000,000 |
| Available-for-Sale Securities, Current | 1,696,000,000 | 1,849,000,000 | 1,614,000,000 | 991,000,000 | 1,168,000,000 |
| Held-to-Maturity Securities, Current | |||||
| Cash Restricted or Pledged, Current | 1,633,000,000 | 1,631,000,000 | 1,534,000,000 | 1,436,000,000 | 1,490,000,000 |
| Trade and Other Receivables, Current | 4,728,000,000 | 3,344,000,000 | 2,509,000,000 | 2,147,000,000 | 2,161,000,000 |
| Trade/Accounts Receivable, Current | 4,728,000,000 | 3,344,000,000 | 2,509,000,000 | 2,147,000,000 | 2,161,000,000 |
| Taxes Receivable, Current | |||||
| Other Receivables, Current | |||||
| Prepayments and Deposits, Current | 829,000,000 | 541,000,000 | 850,000,000 | 664,000,000 | 497,000,000 |
| Other Current Assets | 603,000,000 | 499,000,000 | 244,000,000 | ||
| Deferred Tax Assets, Current | 0 | 300,000,000 | |||
| Deferred Costs/Assets, Current | |||||
| Total Non-Current Assets | 8,689,000,000 | 7,532,000,000 | 5,447,000,000 | 5,284,000,000 | 4,332,000,000 |
| Net Property, Plant and Equipment | 921,000,000 | 829,000,000 | 733,000,000 | 675,000,000 | 615,000,000 |
| Gross Property, Plant and Equipment | 1,768,000,000 | 1,543,000,000 | 1,336,000,000 | 1,166,000,000 | 1,052,000,000 |
| Properties | 696,000,000 | 621,000,000 | 667,000,000 | 615,000,000 | 601,000,000 |
| Buildings and Improvements | 481,000,000 | 455,000,000 | 534,000,000 | 503,000,000 | 510,000,000 |
| Leasehold and Improvements | 215,000,000 | 166,000,000 | 133,000,000 | 112,000,000 | 91,000,000 |
| Machinery, Furniture and Equipment | 1,072,000,000 | 922,000,000 | 669,000,000 | 551,000,000 | 451,000,000 |
| Furniture, Fixtures and Office Equipment | 85,000,000 | 81,000,000 | 63,000,000 | 54,000,000 | 53,000,000 |
| Other Equipment | 987,000,000 | 841,000,000 | 606,000,000 | 497,000,000 | 398,000,000 |
| Accumulated Depreciation and Impairment | -847,000,000 | -714,000,000 | -603,000,000 | -491,000,000 | -437,000,000 |
| Accumulated Depreciation | -847,000,000 | -714,000,000 | -603,000,000 | -491,000,000 | -437,000,000 |
| Net Intangible Assets | 3,895,000,000 | 4,155,000,000 | 2,478,000,000 | 2,694,000,000 | 2,236,000,000 |
| Gross Goodwill and Other Intangible Assets | 5,070,000,000 | 5,312,000,000 | 3,452,000,000 | 3,510,000,000 | 2,899,000,000 |
| Goodwill | 2,904,000,000 | 3,035,000,000 | 1,756,000,000 | 1,891,000,000 | 1,522,000,000 |
| Intangibles other than Goodwill | 2,166,000,000 | 2,277,000,000 | 1,696,000,000 | 1,619,000,000 | 1,377,000,000 |
| Software and Technology | 1,514,000,000 | 1,572,000,000 | 1,210,000,000 | 1,086,000,000 | 839,000,000 |
| Customer Relationships | 606,000,000 | 648,000,000 | 437,000,000 | 478,000,000 | 470,000,000 |
| Other Intangible Assets | 46,000,000 | 27,000,000 | 23,000,000 | 25,000,000 | 20,000,000 |
| Trademarks and Patents | 30,000,000 | 26,000,000 | 30,000,000 | 48,000,000 | |
| Accumulated Amortization and Impairment | -1,175,000,000 | -1,157,000,000 | -974,000,000 | -816,000,000 | -663,000,000 |
| Accumulated Amortization of Intangible Assets | -1,175,000,000 | -1,157,000,000 | -974,000,000 | -816,000,000 | -663,000,000 |
| Accumulated Amortization of Intangibles other than Goodwill | -1,175,000,000 | -1,157,000,000 | -974,000,000 | -816,000,000 | -663,000,000 |
| Accumulated Amortization of Software and Technology | -898,000,000 | -888,000,000 | -768,000,000 | -625,000,000 | -496,000,000 |
| Accumulated Amortization of Customer Relationships | -232,000,000 | -214,000,000 | -162,000,000 | -149,000,000 | -115,000,000 |
| Accumulated Amortization of Other Intangible Assets | -45,000,000 | -26,000,000 | -22,000,000 | -19,000,000 | -14,000,000 |
| Accumulated Amortization of Trademarks and Patents | -29,000,000 | -22,000,000 | -23,000,000 | -38,000,000 | |
| Total Long Term Investments | 337,000,000 | 249,000,000 | 132,000,000 | 166,000,000 | 245,000,000 |
| Long Term Equity Investments | 337,000,000 | 249,000,000 | 132,000,000 | 166,000,000 | 245,000,000 |
| Investment in Financial Assets, Non-Current | |||||
| Financial Investment Securities, Available-for-Sale & Held-to-Maturity, Non-Current | |||||
| Available-for-Sale Securities, Non-Current | |||||
| Held-to-Maturity Securities, Non-Current | |||||
| Trade and Other Receivables, Non-Current | 298,000,000 | 178,000,000 | 175,000,000 | 160,000,000 | 89,000,000 |
| Taxes Receivable, Non-Current | 298,000,000 | 178,000,000 | 175,000,000 | 160,000,000 | 89,000,000 |
| Prepayments and Deposits, Non-Current | 0 | 352,000,000 | 325,000,000 | 352,000,000 | 407,000,000 |
| Prepayments, Non-Current | 0 | 352,000,000 | 325,000,000 | 352,000,000 | 407,000,000 |
| Deferred Tax Assets, Non-Current | 570,000,000 | 250,000,000 | 307,000,000 | 317,000,000 | 96,000,000 |
| Other Non-Current Assets | 2,668,000,000 | 1,519,000,000 | 1,297,000,000 | 920,000,000 | 644,000,000 |
| Deferred Costs/Assets, Non-Current | |||||
| Total Liabilities | 19,442,000,000 | 15,832,000,000 | 12,991,000,000 | 10,207,000,000 | 8,505,000,000 |
| Total Current Liabilities | 11,593,000,000 | 8,793,000,000 | 7,206,000,000 | 6,269,000,000 | 6,222,000,000 |
| Payables and Accrued Expenses, Current | 9,064,000,000 | 6,916,000,000 | 5,595,000,000 | 4,810,000,000 | 4,771,000,000 |
| Trade and Other Payables, Current | 2,884,000,000 | 2,470,000,000 | 1,716,000,000 | 1,481,000,000 | 1,666,000,000 |
| Trade/Accounts Payable, Current | 2,726,000,000 | 2,276,000,000 | 1,555,000,000 | 1,338,000,000 | 1,561,000,000 |
| Taxes Payable, Current | 158,000,000 | 194,000,000 | 161,000,000 | 143,000,000 | 105,000,000 |
| Amount Due to Related Parties/Shareholders, Current | |||||
| Accrued Expenses, Current | 6,180,000,000 | 4,446,000,000 | 3,879,000,000 | 3,329,000,000 | 3,105,000,000 |
| Financial Liabilities, Current | 500,000,000 | ||||
| Current Debt and Capital Lease Obligation | 500,000,000 | ||||
| Current Portion of Long Term Debt and Capital Lease | 500,000,000 | ||||
| Current Portion of Long Term Debt | 500,000,000 | ||||
| Other Current Portion of LT Debt | 500,000,000 | ||||
| Other Current Liabilities | 2,029,000,000 | 1,877,000,000 | 1,611,000,000 | 1,459,000,000 | 1,451,000,000 |
| Provisions, Current | |||||
| Provision for Employee Entitlements, Current | |||||
| Total Non-Current Liabilities | 7,849,000,000 | 7,039,000,000 | 5,785,000,000 | 3,938,000,000 | 2,283,000,000 |
| Financial Liabilities, Non-Current | 5,834,000,000 | 5,424,000,000 | 5,180,000,000 | 3,287,000,000 | 1,494,000,000 |
| Long Term Debt and Capital Lease Obligation | 5,834,000,000 | 5,424,000,000 | 5,180,000,000 | 3,287,000,000 | 1,494,000,000 |
| Long Term Debt | 5,834,000,000 | 5,424,000,000 | 5,180,000,000 | 3,287,000,000 | 1,494,000,000 |
| Notes Payables, Non-Current | 5,834,000,000 | ||||
| Tax Liabilities, Non-Current | 67,000,000 | 106,000,000 | 81,000,000 | 79,000,000 | 115,000,000 |
| Deferred Tax Liabilities, Non-Current | 67,000,000 | 106,000,000 | 81,000,000 | 79,000,000 | 115,000,000 |
| Other Non-Current Liabilities | 1,877,000,000 | 1,438,000,000 | 524,000,000 | 572,000,000 | 674,000,000 |
| Preferred Securities Outside Stock Equity | 71,000,000 | 71,000,000 | |||
| Total Equity | 5,418,000,000 | 5,497,000,000 | 5,684,000,000 | 6,062,000,000 | 6,824,000,000 |
| Equity Attributable to Parent Stockholders | 5,395,000,000 | 5,468,000,000 | 5,656,000,000 | 6,028,000,000 | 6,790,000,000 |
| Paid in Capital | -21,170,000,000 | -16,399,000,000 | -12,838,000,000 | -9,518,000,000 | -6,119,000,000 |
| Capital Stock | 4,580,000,000 | 4,365,000,000 | 4,183,000,000 | 4,004,000,000 | 3,876,000,000 |
| Common Stock | 0 | 0 | 0 | 0 | |
| Common Stock, with Par Value | 0 | 0 | 0 | 0 | |
| Additional Paid in Capital/Share Premium | 4,580,000,000 | 4,365,000,000 | 4,183,000,000 | 4,004,000,000 | 3,876,000,000 |
| Treasury Stock | -25,750,000,000 | -20,764,000,000 | -17,021,000,000 | -13,522,000,000 | -9,995,000,000 |
| Retained Earnings/Accumulated Deficit | 27,283,000,000 | 22,364,000,000 | 19,418,000,000 | 16,222,000,000 | 13,169,000,000 |
| Reserves/Accumulated Comprehensive Income/Losses | -718,000,000 | -497,000,000 | -924,000,000 | -676,000,000 | -260,000,000 |
| Cumulative Foreign Exchange Translation Reserves/Accum. Comp. Inc | |||||
| Available for Sale Financial Investments Reserves/Accum. Comp. Inc | |||||
| Pension and Other Post-Retirement Benefit Plans Reserves/Accum. Comp. Inc | |||||
| Non-Controlling/Minority Interests | 23,000,000 | 29,000,000 | 28,000,000 | 34,000,000 | 34,000,000 |
| Common Shares Issued | 1,031,000,000 | 1,054,000,000 | 1,081,000,000 | 1,116,000,000 | 1,152,561,805 |
| Common Shares Outstanding | 1,031,000,000 | 1,054,000,000 | 1,081,000,000 | 1,116,000,000 | 1,152,561,805 |
| Common Shares Treasury | 368,000,000 | 342,000,000 | 312,000,000 | 275,000,000 | 237,008,743 |
| Fiscal year ends in Dec 31 | USD |
MA Cash Flow
| Name | 2018 | 2017 | 2016 | 2015 | 2014 |
| Cash Flow from Operating Activities, Indirect | 6,223,000,000 | 5,555,000,000 | 4,484,000,000 | 4,043,000,000 | 3,407,000,000 |
| Net Cash Flow from Continuing Operating Activities, Indirect | 6,223,000,000 | 5,555,000,000 | 4,484,000,000 | 4,043,000,000 | 3,407,000,000 |
| Cash Generated from Operating Activities | 6,223,000,000 | 5,555,000,000 | 4,484,000,000 | 4,043,000,000 | 3,407,000,000 |
| Income/Loss before Non-Cash Adjustment | 5,859,000,000 | 3,915,000,000 | 4,059,000,000 | 3,808,000,000 | 3,617,000,000 |
| Total Adjustments for Non-Cash Items | 1,677,000,000 | 1,926,000,000 | 1,292,000,000 | 1,055,000,000 | 958,000,000 |
| Depreciation, Amortization and Depletion, Non-Cash Adjustment | 459,000,000 | 437,000,000 | 373,000,000 | 366,000,000 | 321,000,000 |
| Depreciation and Amortization, Non-Cash Adjustment | 459,000,000 | 437,000,000 | 373,000,000 | 366,000,000 | 321,000,000 |
| Stock-Based Compensation, Non-Cash Adjustment | 196,000,000 | 176,000,000 | 50,000,000 | 22,000,000 | -15,000,000 |
| Taxes, Non-Cash Adjustment | -244,000,000 | 86,000,000 | -20,000,000 | -16,000,000 | -91,000,000 |
| Other Non-Cash Items | 1,266,000,000 | 1,227,000,000 | 889,000,000 | 683,000,000 | 743,000,000 |
| Excess Tax Benefit from Stock-Based Compensation, Non-Cash Adjustment | |||||
| Net Investment Income/Loss, Non-Cash Adjustment | |||||
| Gain/Loss on Financial Instruments, Non-Cash Adjustment | |||||
| Irregular Income/Loss, Non-Cash Adjustment | |||||
| Gain/Loss on Disposals, Non-Cash Adjustment | |||||
| Impairment/Write Off/Write Down of Capital Assets Loss/Reversal, Non-Cash Adjustment | |||||
| Changes in Operating Capital | -1,313,000,000 | -286,000,000 | -867,000,000 | -820,000,000 | -1,168,000,000 |
| Change in Trade and Other Receivables | -1,515,000,000 | -726,000,000 | -349,000,000 | -147,000,000 | 13,000,000 |
| Change in Trade/Accounts Receivable | -1,395,000,000 | -726,000,000 | -348,000,000 | -133,000,000 | 21,000,000 |
| Change in Tax Receivables | -120,000,000 | -1,000,000 | -14,000,000 | -8,000,000 | |
| Change in Other Receivables | |||||
| Change in Prepayments and Deposits | -1,769,000,000 | -1,402,000,000 | -1,073,000,000 | -802,000,000 | -1,316,000,000 |
| Change in Cash Restricted or Pledged | -6,000,000 | ||||
| Change in Payables and Accrued Expenses | 2,238,000,000 | 1,835,000,000 | 748,000,000 | 125,000,000 | 170,000,000 |
| Change in Trade and Other Payables | 930,000,000 | 1,261,000,000 | 211,000,000 | -137,000,000 | -104,000,000 |
| Change in Trade/Accounts Payable | 950,000,000 | 684,000,000 | 211,000,000 | -137,000,000 | -104,000,000 |
| Change in Taxes Payable | -20,000,000 | 577,000,000 | |||
| Change in Accrued Expenses | 1,308,000,000 | 574,000,000 | 537,000,000 | 262,000,000 | 274,000,000 |
| Change in Other Operating Capital | -261,000,000 | 7,000,000 | -193,000,000 | 4,000,000 | -35,000,000 |
| Change in Other Current Liabilities | |||||
| Change in Other Current Assets | |||||
| Cash Flow from Investing Activities | -506,000,000 | -1,779,000,000 | -1,167,000,000 | -715,000,000 | 690,000,000 |
| Cash Flow from Continuing Investing Activities | -506,000,000 | -1,779,000,000 | -1,167,000,000 | -715,000,000 | 690,000,000 |
| Capital Expenditure, Reported | -174,000,000 | -123,000,000 | -167,000,000 | -165,000,000 | -159,000,000 |
| Purchase/Sale and Disposal of Property, Plant and Equipment, Net | -330,000,000 | -300,000,000 | -215,000,000 | -177,000,000 | -175,000,000 |
| Purchase of Property, Plant and Equipment | -330,000,000 | -300,000,000 | -215,000,000 | -177,000,000 | -175,000,000 |
| Purchase/Sale of Business, Net | 0 | -1,175,000,000 | 0 | -584,000,000 | -525,000,000 |
| Purchase/Acquisition of Business | 0 | -1,175,000,000 | 0 | -584,000,000 | -525,000,000 |
| Purchase/Sale of Equity Investments | -91,000,000 | -147,000,000 | |||
| Purchase of Joint Venture/Associate | -91,000,000 | -147,000,000 | |||
| Purchase/Sale of Investments, Net | 103,000,000 | -35,000,000 | -752,000,000 | 210,000,000 | 1,450,000,000 |
| Purchase of Investments | -1,809,000,000 | -1,859,000,000 | -1,824,000,000 | -1,892,000,000 | -2,385,000,000 |
| Sale of Investments | 1,912,000,000 | 1,824,000,000 | 1,072,000,000 | 2,102,000,000 | 3,835,000,000 |
| Other Investing Cash Flow | -14,000,000 | 1,000,000 | -31,000,000 | 2,000,000 | -84,000,000 |
| Change in Restricted Cash and Cash Equivalents | -2,000,000 | -1,000,000 | 183,000,000 | ||
| Purchase/Sale of Intangibles, Net | |||||
| Purchase of Intangibles | |||||
| Cash Flow from Financing Activities | -4,966,000,000 | -4,764,000,000 | -2,293,000,000 | -2,458,000,000 | -2,339,000,000 |
| Cash Flow from Continuing Financing Activities | -4,966,000,000 | -4,764,000,000 | -2,293,000,000 | -2,458,000,000 | -2,339,000,000 |
| Issuance of/Payments for Common Stock, Net | -4,933,000,000 | -3,762,000,000 | -3,511,000,000 | -3,518,000,000 | -3,386,000,000 |
| Payments for Common Stock | -4,933,000,000 | -3,762,000,000 | -3,511,000,000 | -3,518,000,000 | -3,386,000,000 |
| Issuance of/Repayments for Debt, Net | 991,000,000 | -64,000,000 | 1,972,000,000 | 1,735,000,000 | 1,530,000,000 |
| Issuance of/Repayments for Long Term Debt, Net | 991,000,000 | -64,000,000 | 1,972,000,000 | 1,735,000,000 | 1,530,000,000 |
| Proceeds from Issuance of Long Term Debt | 991,000,000 | 1,972,000,000 | 1,735,000,000 | 1,530,000,000 | |
| Repayments for Long Term Debt | 0 | -64,000,000 | |||
| Cash Dividends and Interest Paid | -1,044,000,000 | -942,000,000 | -837,000,000 | -727,000,000 | -515,000,000 |
| Cash Dividends Paid | -1,044,000,000 | -942,000,000 | -837,000,000 | -727,000,000 | -515,000,000 |
| Common Stock Dividends Paid | -1,044,000,000 | -942,000,000 | -837,000,000 | -727,000,000 | -515,000,000 |
| Excess Tax Benefit from Share-Based Compensation, Financing Activities | 0 | 48,000,000 | 42,000,000 | 54,000,000 | |
| Proceeds from Issuance/Exercising of Stock Options/Warrants | 104,000,000 | 57,000,000 | 37,000,000 | 27,000,000 | 28,000,000 |
| Other Financing Cash Flow | -84,000,000 | -53,000,000 | -2,000,000 | -17,000,000 | -50,000,000 |
| Cash and Cash Equivalents, End of Period | 8,337,000,000 | 5,933,000,000 | 6,721,000,000 | 5,747,000,000 | 5,137,000,000 |
| Change in Cash | 751,000,000 | -988,000,000 | 1,024,000,000 | 870,000,000 | 1,758,000,000 |
| Effect of Exchange Rate Changes | -6,000,000 | 200,000,000 | -50,000,000 | -260,000,000 | -220,000,000 |
| Cash and Cash Equivalents, Beginning of Period | 7,592,000,000 | 6,721,000,000 | 5,747,000,000 | 5,137,000,000 | 3,599,000,000 |
| Change in Cash As Reported, Supplemental | 745,000,000 | -788,000,000 | 974,000,000 | 610,000,000 | 1,538,000,000 |
