Hiking equipment
According to Tom Brown, the basic plan for survival is in the order of shelter (including clothing), water, fire, and food. Cody Lundin writes about the "Rule of 3s"; this relates to human survival without basics: three minutes without air, three hours without shelter, three days without water, or three weeks without food.
Cold shock response
Hypothermia from exposure to cold water is not as sudden as is often believed. A person who survives the initial minute of trauma (after falling into icy water), can survive for at least thirty minutes provided they don't drown. However, the ability to perform useful work (for example to save oneself) declines substantially after ten minutes (as the body protectively cuts off blood flow to "non-essential" muscles).