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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES    
Net Earnings $ 807 $ 646
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 415 425
Deferred Income Taxes 51 13
Other Operating Activities (47) (4)
Changes in Operating Assets and Liabilities:    
Accounts Receivable (120) (9)
Other Current Assets (38) (34)
Accounts Payable 64 34
Income and Other Taxes Payable 176 175
Other Current Liabilities (36) 9
Net Cash Provided by Operating Activities 1,272 1,255
INVESTING ACTIVITIES    
Property Additions (543) (719)
Purchases of Short-Term Investments (140) 0
Proceeds from Sales of Short-term Investments 5 67
Proceeds and Advances from Property Dispositions 64 23
Other Investing Activities 47 (18)
Net Cash Used In Investing Activities (567) (647)
FINANCING ACTIVITIES    
Shares Repurchased (222) (751)
Dividends Paid (260) (245)
Long-term Debt Repaid (Note 7) (2) (2)
Long-term Debt Issued (Note 7) 0 600
Other Financing Activities 73 (4)
Net Cash Used in Financing Activities (411) (402)
Net Increase in Cash and Cash Equivalents 294 206
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 670 933
Cash and Cash Equivalents at End of Period $ 964 $ 1,139