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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING ACTIVITIES    
Net Earnings $ 987 $ 859
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 393 360
Deferred Income Taxes 35 37
Gains on Property Dispositions (8) (27)
Other Operating Activities (31) 4
Changes in Operating Assets and Liabilities:    
Accounts Receivable (63) (131)
Other Current Assets (72) (40)
Accounts Payable 70 82
Income and Other Taxes Payable 266 225
Other Current Liabilities (326) (70)
Net Cash Provided by Operating Activities 1,251 1,299
INVESTING ACTIVITIES    
Property Additions (443) (331)
Purchases of Short-term Investments (101) (19)
Proceeds from Sales of Short-term Investments 53 0
Proceeds and Advances from Property Dispositions 8 8
Business Acquisition, Net of Cash Acquired (2) (9)
Other Investing Activities 5 (17)
Net Cash Used In Investing Activities (480) (368)
FINANCING ACTIVITIES    
Long-term Debt Repaid (Note 7) (142) (6)
Dividends Paid (226) (218)
Shares Repurchased (1,067) (1,016)
Other Financing Activities (3) 6
Net Cash Used in Financing Activities (1,438) (1,234)
Net Decrease in Cash and Cash Equivalents (667) (303)
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 1,958 2,239
Cash and Cash Equivalents at End of Period $ 1,291 $ 1,936