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CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net Earnings $ 3,331 $ 3,309 $ 5,471
Adjustments to Reconcile Net Earnings to Net Cash      
Depreciation 1,349 1,331 1,315
Restructuring Charge (Note 1) 0 0 325
Cash Payments for Restructuring Charge 0 (15) (187)
Deferred Income Taxes 273 279 (3,233)
Earnings of Equity-method Investments (91) (96) (219)
Gain on Property Dispositions (151) (154) (18)
Other Operating Activities 22 (21) (17)
Changes in Operating Assets and Liabilities:      
Accounts Receivable 45 (46) (70)
Other Current Assets 68 101 1
Accounts Payable 98 104 41
Income and Other Taxes Payable 2 (104) 20
Other Current Liabilities (96) (47) 43
Net Cash Provided by Operating Activities 4,850 4,641 3,472
INVESTING ACTIVITIES      
Property Additions (1,657) (1,745) (2,040)
Purchase of Short-term Investments (2,838) (736) (782)
Proceeds from Sales of Short-term Investments 2,108 505 1,193
Proceeds from Property Dispositions 254 319 97
Other Investing Activities 31 (27) 37
Net Cash Used in Investing Activities (2,102) (1,684) (1,495)
FINANCING ACTIVITIES      
Long-term Debt Issued (Note 10) 2,000 3,000 850
Long-term Debt Repaid (Note 10) (518) (19) (333)
Dividends Paid (763) (751) (708)
Shares Repurchased (3,373) (4,671) (1,970)
Other Financing Activities 6 (59) (18)
Net Cash Used in Financing Activities (2,648) (2,500) (2,179)
Net Increase (Decrease) in Cash and Cash Equivalents 100 457 (202)
CASH AND CASH EQUIVALENTS      
Cash and Cash Equivalents at Beginning of Period 858 401 603
Cash and Cash Equivalents at End of Period 958 858 401
SUPPLEMENTAL CASH FLOW INFORMATION      
Interest Paid - Net of Amounts Capitalized 717 614 555
Income Taxes Paid $ 691 $ 814 $ 911