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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Statement of Cash Flows [Abstract]      
Net earnings (loss) $ 1,213 $ 849 $ 906
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities      
Asset impairments 0 0 2
Depreciation, amortization and accretion 349 310 295
Pension and postretirement net periodic benefit cost (92) (80) (54)
Pension and postretirement contributions (47) (363) (350)
Actuarial (gain) loss on pension and postretirement plans 165 46 103
Pension curtailments and settlements, net (1) 0 0
Deferred income taxes, net 137 (152) 83
(Gain) loss on disposition of businesses and assets, net 7 5 2
Stock-based compensation 71 47 31
Undistributed earnings in unconsolidated affiliates (12) (52) (24)
Other, net 26 12 15
Operating cash provided by (used in) discontinued operations (10) 8 2
Changes in operating assets and liabilities      
Trade receivables - third party and affiliates, net (48) (110) (59)
Inventories (158) (97) 8
Other assets (113) (7) 39
Trade payables - third party and affiliates 15 126 7
Other liabilities 56 261 (113)
Net cash provided by (used in) operating activities 1,558 803 893
Investing Activities      
Capital expenditures on property, plant and equipment (337) (267) (246)
Acquisitions, net of cash acquired (144) (269) (178)
Proceeds from sale of businesses and assets, net 13 1 12
Other, net (39) (14) (27)
Net cash provided by (used in) investing activities (507) (549) (439)
Financing Activities      
Net change in short-term borrowings with maturities of 3 months or less (38) 111 (352)
Proceeds from short-term borrowings 51 182 53
Repayments of short-term borrowings (78) (124) (90)
Proceeds from long-term debt 561 351 1,509
Repayments of long-term debt (536) (77) (1,127)
Purchases of treasury stock, including related fees (805) (500) (500)
Stock option exercises 0 1 6
Common stock dividends (280) (241) (201)
(Distributions to) contributions from noncontrolling interests (23) (27) (24)
Other, net (17) (27) (33)
Net cash provided by (used in) financing activities (1,165) (351) (759)
Exchange rate effects on cash and cash equivalents (23) 35 (24)
Net increase (decrease) in cash and cash equivalents (137) (62) (329)
Cash and cash equivalents as of beginning of period 576 638 967
Cash and cash equivalents as of end of period $ 439 $ 576 $ 638