Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jul. 03, 2022	Jul. 04, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net earnings	$ 9,963	$ 12,475
Adjustments to reconcile net earnings to cash flows from operating activities:
Depreciation and amortization of property and intangibles	3,513	3,733
Stock based compensation	644	661
Asset write-downs	747	26
Net gain on sale of assets/businesses	(213)	(601)
Deferred tax provision	(2,349)	(685)
Credit losses and accounts receivable allowances	(3)	(52)
Changes in assets and liabilities, net of effects from acquisitions and divestitures:
Increase in accounts receivable	(1,386)	(1,566)
Increase in inventories	(1,257)	(818)
Decrease in accounts payable and accrued liabilities	(1,170)	(4,050)
Decrease in other current and non-current assets	3,527	1,415
Decrease in other current and non-current liabilities	(2,456)	(1,150)
NET CASH FLOWS FROM OPERATING ACTIVITIES	9,560	9,388
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment	(1,470)	(1,490)
Proceeds from the disposal of assets/businesses, net (Note 10)	314	654
Acquisitions, net of cash acquired (Note 10)	(523)	0
Purchases of investments	(22,048)	(12,264)
Sales of investments	17,634	12,453
Credit support agreements activity, net	(10)	441
Other (primarily licenses and milestones)	(170)	(398)
NET CASH USED BY INVESTING ACTIVITIES	(6,273)	(604)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends to shareholders	(5,758)	(5,450)
Repurchase of common stock	(2,550)	(2,069)
Proceeds from short-term debt	4,371	498
Repayment of short-term debt	(2,201)	(689)
Proceeds from long-term debt, net of issuance costs	2	1
Repayment of long-term debt	(2,132)	(1,451)
Proceeds from the exercise of stock options/employee withholding tax on stock awards, net	820	543
Credit support agreements activity, net	813	130
Other	(11)	83
NET CASH USED BY FINANCING ACTIVITIES	(6,646)	(8,404)
Effect of exchange rate changes on cash and cash equivalents	(145)	(33)
(Decrease)/Increase in cash and cash equivalents	(3,504)	347
Cash and Cash equivalents, beginning of period	14,487	13,985
CASH AND CASH EQUIVALENTS, END OF PERIOD	10,983	14,332
Acquisitions
Fair value of assets acquired	621	0
Fair value of liabilities assumed and noncontrolling interests	(98)	0
Net cash paid for acquisitions	$ 523	$ 0