Income [+]

in Millions of Dollars
12/2012

Operating Revenue

12/2011

12/2010

12/2009

12/2008

39,824

50,106

56,452

58,720

70,761

N/A

28,751

35,383

37,050

39,716

44,262

Gross Operating Profit

11,072

14,722

19,402

19,004

26,499

Selling/General/Admin Expense

(5,495)

(6,291)

(6,639)

(7,275)

(7,904)

Research & Development

(6,311)

(7,237)

(7,798)

(8,466)

(8,328)

EBITDA (Operating Income Before Depreciation)

(3,041)

1,194

4,965

3,262

10,267

(2,355)

(2,256)

(1,291)

1,194

2,609

3,262

8,011

Adjustments to Revenue
Cost of Revenue

Depreciation & Amortization

Operating Income
Interest Income

493

(1)

(1,172)

144

1,562

(1,319)

(3,041)

(1,421)

2,754

3,566

7,193

(449)

(132)

(379)

(380)

(258)

Income Before Tax

(3,489)

(1,553)

2,375

3,186

6,935

Income Taxes

(1,511)

(376)

(589)

(1,006)

(1,508)

(901)

420

674

(904)

138

(5,000)

(1,509)

2,460

1,277

5,565

Net Income from Total Operations

(5,000)

(1,509)

2,460

1,277

5,565

Normalized Income

(5,000)

(96)

2,460

2,578

5,565

Other Income, Net

Total Income Before Interest Expense (EBIT)
Interest Expense

Minority Interest
Net Income from Continuing Operations
Net Income from Discontinued Operations

Extraordinary Income/Loss

Special Income/Charges

(1,413)

(1,301)

Income from Cum. Effect of Acct Change

Income from Tax Loss Carryforward

Other Gains
Total Net Income

901

(4,099)

(1,509)

2,460

1,277

5,565

Assets [+]

in Millions of Dollars
12/2012

Cash and Equivalents

12/2011

12/2010

12/2009

12/2008

11,814

2,536

2,595

1,636

7,742

Marketable Securities

1,263

11,594

13,731

11,548

1,775

Receivables

7,372

9,377

10,120

11,455

13,319

Inventories

2,030

3,020

3,355

2,672

3,535

5,817

5,799

6,520

6,332

Restrictable Cash

Prepaid Expenses
Current Deferred Income Taxes

5,074

648

503

1,443

27,553

32,992

36,102

33,831

34,145

1,889

2,387

7,412

7,804

7,886

(4,838)

(5,129)

(4,970)

1,889

2,387

2,573

2,675

2,916

854

1,822

2,589

4,162

5,801

Cost in Excess

6,435

6,270

7,611

7,409

8,731

Non-Current Deferred Income Taxes

1,655

2,395

2,123

2,159

2,739

Other Non-Current Assets

1,139

1,058

1,033

967

900

Total Non-Current Assets

11,971

13,933

15,930

17,372

21,087

Total Assets

39,524

46,925

52,032

51,204

55,233

Other Current Assets

Total Current Assets
Gross Fixed Assets
Accumulated Depreciation
Net Fixed Assets
Intangibles

Liabilities [+]

in Millions of Dollars
12/2012

Accounts Payable
Short Term Debt
Notes Payable

12/2011

12/2010

12/2009

12/2008

5,799

7,170

8,114

7,092

7,291

610

1,752

1,379

1,456

5,011

Accrued Expenses

9,345

9,800

Accrued Liabilities

9,345

9,656

9,795

9,319

Deferred Revenues
Current Deferred Income Taxes

3,575

4,031

4,039

3,894

6,302

19,329

22,609

23,328

21,761

28,403

6,713

5,144

5,642

6,350

1,201

924

1,037

1,359

1,867

2,494

91

99

117

95

96

1,829

2,648

2,456

2,380

3,212

Capital Lease Obligations

Preferred Securities of Subsidiary Trust

Preferred Equity Outside Shareholders' Equity

9,557

8,927

9,574

10,691

7,003

28,886

31,537

32,902

32,452

35,407

Preferred Shareholder's Equity

Common Shareholder's Equity

10,638

15,389

19,130

18,752

19,826

Other Current Liabilities

Total Current Liabilities
Long Term Debt
Deferred Income Tax
Other Non-Current Liabilities
Minority Interest

Total Non-Current Liabilities

Total Liabilities

Total Equity

10,638

15,389

19,130

18,752

19,826

Total Liabilities & Shareholder's Equity

39,524

46,925

52,032

51,204

55,233

Cash Flow

in Millions of Dollars
12/2012

Net Income

12/2011

12/2010

12/2009

12/2008

(4,099)

(1,509)

2,460

1,277

5,565

Depreciation

1,750

2,355

2,256

Amortization

Amortization of Intagibles

Deferred Income Taxes

N/A

Operating Gains/Losses

4,518

(258)

(371)

(1,215)

Extraordinary Gains/Losses

Decrease in Receivables

2,692

1,704

(745)

Decrease in Inventories

933

(681)

448

Decrease in Prepaid Expenses

Decrease in Other Current Assets

Increase in Payables

103

(3,255)

Increase in Other Current Liabilities

Decrease in Other Working Capital

(3,566)

(827)

2,101

201

Other Non-Cash Items

2,544

(709)

(1,333)

3,546

1,408

Net Cash from Continuing Operations

(467)

1,474

6,349

4,652

4,461

Cash from Operating Activities

(467)

1,474

6,349

4,652

4,461

Sale of Property, Plant, Equipment

368

62

28

143

75

Sale of Long Term Investments

49

74

82

23

18

Sale of Short Term Investments

3,221

9,391

9,993

2,633

6,508

Purchase of Property, Plant, Equipment

(608)

(774)

(903)

(799)

(1,423)

22

(1,059)

60

(8,262)

Net Cash from Discontinued Operations

Acquisitions
Purchase of Long Term Investments

(73)

(144)

(165)

(136)

(202)

Purchase of Short Term Investments

(2,254)

(5,551)

(12,261)

(5,007)

(934)

(57)

166

742

1,943

(3,220)

(3,078)

(4,054)

992

(75)

641

5,589

5,030

74

Other Investment Changes, Net

Cash from Investing Activities
Cash from Discontinued Investing Activities
Issuance of Debt
Issuance of Capital Stock
Repayment of Debt

(351)

(66)

(8)

(4,371)

(47)

Repurchase of Capital Stock

(4,355)

Payment of Cash Dividends

(996)

(1,991)

(2,020)

(2,215)

(2,858)

Other Financing Charges, Net

(259)

708

174

Cash from Financing Activities

(614)

(1,424)

(1,212)

(997)

(2,156)

(36)

139

298

(36)

(68)

(375)

2,131

2,216

542

(1,817)

Cash from Discontinued Financing Activities

Effect of Exchange Rate Changes
Net Change in Cash

Cash at Beginning of Year

12,189

9,840

7,881

7,949

9,558

Cash at End of Period

11,814

11,971

10,097

8,490

7,742

Foreign Sales

39,424

70,256

400

505

Domestic Sales