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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES    
Net Earnings $ 706 $ 770
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation 345 344
Deferred Income Taxes 40 28
Gains on Property Dispositions (3) (18)
Other Operating Activities 28 0
Changes in Operating Assets and Liabilities:    
Accounts Receivable (64) (27)
Other Current Assets (5) (20)
Accounts Payable 53 14
Income and Other Taxes Payable 192 227
Other Current Liabilities (60) (140)
Net Cash Provided by Operating Activities 1,232 1,178
INVESTING ACTIVITIES    
Property Additions (306) (381)
Proceeds from Property Dispositions 0 35
Purchases of Short-term Investments 0 (426)
Proceeds from Sales of Short-term Investments 1 936
Other Investing Activities 8 (20)
Net Cash (Used In)/Provided by Investing Activities (297) 144
FINANCING ACTIVITIES    
Long-term Debt Issued (Note 7) 0 500
Long-term Debt Repaid (Note 7) (360) 0
Dividends Paid (213) (201)
Shares Repurchased (551) (577)
Other Financing Activities 15 (7)
Net Cash Used in Financing Activities (1,109) (285)
Net (Decrease)/Increase in Cash and Cash Equivalents (174) 1,037
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 3,129 958
Cash and Cash Equivalents at End of Period $ 2,955 $ 1,995