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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Cash flows from operating activities:    
Net earnings $ 3,487 $ 1,522
Less: earnings from discontinued operations, net of income taxes 86 0
Net earnings from continuing operations 3,401 1,522
Noncash items:    
Depreciation 336 304
Amortization of intangible assets 691 471
Amortization of acquisition-related inventory fair value step-up 29 197
Stock-based compensation expense 107 92
Pretax gain on sale of product lines and investment (gains) losses (215) (455)
Change in trade accounts receivable, net (71) 274
Change in inventories (292) (267)
Change in trade accounts payable (70) (160)
Change in prepaid expenses and other assets 143 62
Change in accrued expenses and other liabilities (68) 231
Total operating cash provided by continuing operations 3,991 2,271
Total operating cash used in discontinued operations 0 (7)
Net cash provided by operating activities 3,991 2,264
Cash flows from investing activities:    
Cash paid for acquisitions (1,065) (20,736)
Payments for additions to property, plant and equipment (556) (288)
Proceeds from sales of property, plant and equipment 13 1
Payments for purchases of investments (552) (128)
Proceeds from sale of investment 56 0
Proceeds from sale of product lines 26 810
All other investing activities 18 12
Total cash used in investing activities for continuing operations (2,060) (20,329)
Cash flows from financing activities:    
Proceeds from the issuance of common stock in connection with stock-based compensation 25 69
Proceeds from the sale of common stock, net of issuance costs 0 1,729
Proceeds from the sale of preferred stock, net of issuance costs 0 1,668
Payment of dividends (360) (283)
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 13 (3,377)
Net proceeds from borrowings (maturities longer than 90 days) 0 7,691
Net repayments of borrowings (maturities longer than 90 days) (279) (3,750)
All other financing activities 13 (2)
Total cash (used in) provided by financing activities for continuing operations (588) 3,745
Effect of exchange rate changes on cash and equivalents (56) (53)
Net change in cash and equivalents 1,287 (14,373)
Beginning balance of cash and equivalents 6,035 19,912
Ending balance of cash and equivalents 7,322 5,539
Supplemental disclosures:    
Cash interest payments 150 118
Cash income tax payments $ 568 $ 333