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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net Earnings $ 646 $ 880 [1]
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 425 410 [2]
Deferred Income Taxes 13 7 [1]
Other Operating Activities (4) (17) [1]
Changes in Operating Assets and Liabilities:    
Accounts Receivable (9) 5 [1]
Other Current Assets (34) (29) [1]
Accounts Payable 89 72 [1]
Income and Other Taxes Payable 175 (143) [1]
Other Current Liabilities (46) (119) [1]
Net Cash Provided by Operating Activities 1,255 1,066 [1]
INVESTING ACTIVITIES    
Property Additions (719) (517) [1]
Proceeds from Sales of Short-term Investments 67 81 [1]
Proceeds and Advances from Property Dispositions 23 11 [1]
Business Acquisition, Net of Cash Acquired 0 (26) [1]
Other Investing Activities (18) (35) [1]
Net Cash Used In Investing Activities (647) (486) [1]
FINANCING ACTIVITIES    
Shares Repurchased (751) (247) [1]
Dividends Paid (245) (235) [1]
Long-term Debt Repaid (Note 7) (2) (2) [1]
Long-term Debt Issued (Note 7) 600 0 [1]
Other Financing Activities (4) 34 [1]
Net Cash Used in Financing Activities (402) (450) [1]
Net Increase in Cash and Cash Equivalents 206 130 [1]
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 933 1,353 [1]
Cash and Cash Equivalents at End of Period $ 1,139 $ 1,483 [1]
[1] See the 2024 annual report filed on Form 10-K for revision of prior period financial statements.
[2] See the 2024 annual report filed on Form 10-K for revision of prior period financial statements.