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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows – operating activities:      
Net loss $ (11,829) $ (2,242) $ (5,053)
Non-cash items –      
Share-based plans expense 407 690 725
Treasury shares issued for 401(k) contribution 1,601 1,515 1,215
Depreciation and amortization 1,836 1,861 1,979
Investment/asset impairment charges, net 112 46 112
Gain on dispositions, net (46) (2) (6)
777X and 767 reach-forward losses 4,079
Other charges and credits, net 528 3 401
Changes in assets and liabilities –      
Accounts receivable (37) (128) 142
Unbilled receivables (60) 321 6
Advances and progress billings 4,069 3,365 108
Inventories (12,353) (1,681) 420
Other current assets (16) 389 (591)
Accounts payable (793) 1,672 838
Accrued liabilities 1,563 779 2,956
Income taxes receivable, payable and deferred (567) 44 1,347
Other long-term liabilities (329) (313) (158)
Pension and other postretirement plans (959) (1,049) (1,378)
Financing receivables and operating lease equipment, net 512 571 142
Other 202 119 307
Net cash (used)/provided by operating activities (12,080) 5,960 3,512
Cash flows – investing activities:      
Payments to acquire property, plant and equipment (2,230) (1,527) (1,222)
Proceeds from disposals of property, plant and equipment 49 27 35
Acquisitions, net of cash acquired (50) (70)
Proceeds from dispositions 124
Contributions to investments (13,856) (16,448) (5,051)
Proceeds from investments 4,743 15,739 10,619
Supplier notes receivable (694) (162)
Repayments on supplier notes receivable 40
Purchase of distribution rights (88)
Other (11) 4 (11)
Net cash (used)/provided by investing activities (11,973) (2,437) 4,370
Cash flows – financing activities:      
New borrowings 10,161 75 34
Debt repayments (8,673) (5,216) (1,310)
Common stock issuance, net of issuance costs 18,200
Mandatory convertible preferred stock issuance, net of issuance costs 5,657
Stock options exercised 45 50
Employee taxes on certain share-based payment arrangements (83) (408) (40)
Other (53) 17
Net cash provided/(used) by financing activities 25,209 (5,487) (1,266)
Effect of exchange rate changes on cash and cash equivalents (47) 30 (73)
Net increase/(decrease) in cash & cash equivalents, including restricted 1,109 (1,934) 6,543
Cash & cash equivalents, including restricted, at beginning of year 12,713 14,647 8,104
Cash & cash equivalents, including restricted, at end of year 13,822 12,713 14,647
Less restricted cash & cash equivalents, included in Investments 21 22 33
Cash and cash equivalents at end of year $ 13,801 $ 12,691 $ 14,614