Reference no: EM133560984

Case: Cash flows from operating activities Net income/(loss) $ 3,679 Depreciation and tooling amortization 3,774 3,775 Other amortization (-554) Provision for/(Benefit from) credit and insurance losses -212 Pension and other postretirement employee benefits ("OPEB") expense/(income) (Note 13) -612 Equity method investment dividends received in excess of (earnings)/losses and impairments -142 Foreign currency adjustments (-97) Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments (Note 4) -163 Net (gain)/loss on changes in investments in affiliates (Note 4) (17) Stock compensation 238 Provision for/(Benefit from) deferred income taxes 3 Decrease/(Increase) in finance receivables (wholesale and other) (1,473) Decrease/(Increase) in accounts receivable and other assets (1,793) Decrease/(Increase) in inventory (3,354) Increase/(Decrease) in accounts payable and accrued and other liabilities 6,134 Other 165 Net cash provided by/(used in) operating activities is 7,835.

From the information provided above, discuss the major differences between the net income and the cash provided or used by operating activities, and explain the cause of the major difference between the two values. Note that you may need to reconcile the differences between the net income reported and the subtotal of cash provided or used by "operating" activities. What were the reconciling items, how were these accounts adjusted, and why do we not just report "net income" without adjustments?