XML 19 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net earnings $ 895 $ 835
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 150 127
Amortization of intangible assets 212 183
Share-based compensation 57 58
Recall charges 6 98
Sale of inventory stepped-up to fair value at acquisition 11 0
Changes in operating assets and liabilities:    
Accounts receivable 115 97
Inventories (294) (192)
Accounts payable 65 (12)
Accrued expenses and other liabilities (190) (151)
Recall-related payments (68) (124)
Income taxes (47) 24
Other, net 34 (142)
Net cash provided by operating activities 946 801
Investing activities    
Acquisitions, net of cash acquired (767) (38)
Purchases of marketable securities (145) (66)
Proceeds from sales of marketable securities 117 36
Purchases of property, plant and equipment (278) (270)
Net cash used in investing activities (1,073) (338)
Financing activities    
Proceeds from borrowings (7) (55)
Payments on borrowings (595) (498)
Repayments of Long-term Debt (600) 0
Dividends paid (352) (318)
Repurchases of common stock (300) (230)
Cash paid for taxes from withheld shares (96) (73)
Payments to purchase noncontrolling interest (14) 0
Other financing, net 2 1
Net cash used in financing activities (772) (177)
Effect of exchange rate changes (2) 47
Change in cash and cash equivalents (901) 333
Cash and cash equivalents at beginning of period 2,542 3,316
Cash and cash equivalents at end of period $ 1,641 $ 3,649