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CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES      
Net Earnings $ 3,715 $ 4,166 $ 3,781
Adjustments to Reconcile Net Earnings to Net Cash      
Depreciation and Amortization 1,611 1,500 1,420
Deferred Income Taxes 140 117 167
Gains on Property Dispositions (34) (238) (454)
Other Operating Activities (5) (17) 12
Changes in Operating Assets and Liabilities:      
Accounts Receivable (51) (101) (141)
Other Current Assets (120) (22) (25)
Accounts Payable 83 140 128
Income and Other Taxes Payable 431 (39) 72
Other Current Liabilities (221) 113 139
Net Cash Provided by Operating Activities 5,549 5,619 5,099
INVESTING ACTIVITIES      
Property Additions (2,281) (2,133) (1,791)
Purchases of Short-term Investments (104) (59) (75)
Proceeds from Sales of Short-term Investments 153 9 5
Proceeds and Advances from Property Dispositions 52 246 529
Business Acquisition, Net of Cash Acquired (Note 17) (31) (227) (541)
Other Investing Activities (76) 33 (4)
Net Cash Used in Investing Activities (2,287) (2,131) (1,877)
FINANCING ACTIVITIES      
Shares Repurchased (3,482) (4,731) (2,886)
Dividends Paid (882) (852) (839)
Long-term Debt Repaid (153) (186) (426)
Long-term Debt Issued (Note 10) 600 2,000 0
Other Financing Activities 50 0 39
Net Cash Used in Financing Activities (3,867) (3,769) (4,112)
Net Decrease in Cash and Cash Equivalents (605) (281) (890)
CASH AND CASH EQUIVALENTS      
Cash and Cash Equivalents at Beginning of Period 1,958 2,239 3,129
Cash and Cash Equivalents at End of Period 1,353 1,958 2,239
SUPPLEMENTAL CASH FLOW INFORMATION      
Issuance of Common Stock as Consideration for Acquisition 0 422 0
Interest Paid - Net of Amounts Capitalized 806 729 718
Income Taxes Paid $ 630 $ 1,167 $ 931