Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES
Net earnings	$ 1,288	$ 1,777
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization	528	517
Stock-based compensation expense	63	71
U.S. tax reform transition tax	0	2
Deferred income tax (benefit)/provision	(110)	36
Asset impairments and accelerated depreciation	99	4
Net gain on divestiture	0	(41)
(Gain)/loss on equity method investment transactions	(192)	2
Equity method investment net earnings	(227)	(275)
Distributions from equity method investments	193	188
Other non-cash items, net	154	(46)
Change in assets and liabilities, net of acquisitions and divestitures:
Receivables, net	328	135
Inventories, net	(233)	(145)
Accounts payable	75	(430)
Other current assets	(62)	(20)
Other current liabilities	(224)	(638)
Change in pension and postretirement assets and liabilities, net	(122)	(91)
Net cash provided by operating activities	1,558	1,046
CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES
Capital expenditures	(445)	(465)
Acquisition, net of cash received	(1,141)	0
Proceeds from divestitures including equity method investments	579	163
Other	(30)	35
Net cash used in investing activities	(1,037)	(267)
CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES
Issuances of commercial paper, maturities greater than 90 days	677	809
Repayments of commercial paper, maturities greater than 90 days	(654)	(2,169)
Net issuances of other short-term borrowings	109	1,958
Long-term debt proceeds	2,533	597
Long-term debt repaid	(1,430)	(409)
Repurchase of Common Stock	(720)	(940)
Dividends paid	(819)	(756)
Other	123	271
Net cash used in financing activities	(181)	(639)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(37)	8
Cash, cash equivalents and restricted cash:
Increase	303	148
Balance at beginning of period	1,328	1,100
Balance at end of period	$ 1,631	$ 1,248