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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES    
Net Earnings $ 1,879 $ 1,269
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation 693 688
Deferred Income Taxes 66 61
Gains on Property Dispositions (370) (29)
Other Operating Activities 28 (25)
Changes in Operating Assets and Liabilities:    
Accounts Receivable (127) 120
Other Current Assets (4) (24)
Accounts Payable 73 (85)
Income and Other Taxes Payable 181 338
Other Current Liabilities (20) (129)
Net Cash Provided by Operating Activities 2,399 2,184
INVESTING ACTIVITIES    
Property Additions (754) (801)
Proceeds from Property Dispositions 227 45
Purchases of Short-term Investments 0 (426)
Proceeds from Sales of Short-term Investments 1 1,221
Other Investing Activities (1) (42)
Net Cash Used In Investing Activities (527) (3)
FINANCING ACTIVITIES    
Long-term Debt Issued (Note 7) 0 500
Long-term Debt Repaid (Note 7) (360) (227)
Dividends Paid (425) (400)
Shares Repurchased (1,252) (616)
Other Financing Activities 22 (5)
Net Cash Used in Financing Activities (2,015) (748)
Net (Decrease)/Increase in Cash and Cash Equivalents (143) 1,433
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 3,129 958
Cash and Cash Equivalents at End of Period $ 2,986 $ 2,391