Please accurately state what is happening in Operating, Investing, Financing Activities, and the stage of the company lifecycle and why CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions 12 Months Ended Dec. 31, 2018 Dec. 31, 2019 $ 8,985 1,365 201 (280) (421) 91 (467) 127 504 366 10,471 $ 6,476 1,086 225 (413) (457) (50) 743 558 699 (1,240) 7,627 OPERATING ACTIVITIES CONSOLIDATED NET INCOME Depreciation and amortization Stock-based compensation expense Deferred income taxes Equity (income) loss - net of dividends Foreign currency adjustments Significant (gains) losses on sales of assets - net Other operating charges Other items Net change in operating assets and liabilities Net cash provided by operating activities INVESTING ACTIVITIES Purchases of investments Proceeds from disposals of investments Acquisitions of businesses, equity method investments and non marketable securities Proceeds from disposals of businesses, equity method investments and nonmarkatable securities Purchases of property, plant and equipment Proceeds from disposals of property, plant and equipment Other investing activities Net cash provided by (used in) investing activities FINANCING ACTIVITIES Issuances of debt Payments of debt Issuances of stock Purchases of stock for treasury Dividends Other financing activities Net cash provided by (used in) financing activities EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (4,704) 6,973 (5,542) 429 (2,054) 978 (56) (3,976) (7,789) 14,977 (1,263) 1,362 (1,548) 248 (60) 5,927 27,605 (30,600) 1,476 23,009 (24,850) 1,012 (1,103) (6,845) (227) (9,004) (72) (1,912) (6,644) (272) (10,347) (262)