XML 121 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Cash flows from operating activities:    
Net earnings $ 1,450 $ 1,725
Noncash items:    
Depreciation 173 179
Amortization of intangible assets 384 386
Stock-based compensation expense 79 80
Investment (gains) losses (22) 24
Change in trade accounts receivable, net 631 80
Change in inventories (257) (431)
Change in trade accounts payable (228) (131)
Change in prepaid expenses and other assets 30 (22)
Change in accrued expenses and other liabilities (293) 78
Net cash provided by operating activities 1,947 1,968
Cash flows from investing activities:    
Cash paid for acquisitions 0 (17)
Payments for additions to property, plant and equipment (275) (250)
Proceeds from sales of property, plant and equipment 0 2
Payments for purchases of investments (43) (274)
Proceeds from sales of investments 1 17
All other investing activities 13 19
Total cash used in investing activities (304) (503)
Cash flows from financing activities:    
Payments for the issuance of common stock in connection with stock-based compensation, net (34) (46)
Payment of dividends (204) (191)
Net (repayments of) proceeds from borrowings (maturities of 90 days or less) (4) 10
All other financing activities (20) (47)
Total cash used in financing activities (262) (274)
Effect of exchange rate changes on cash and equivalents 3 (60)
Net change in cash and equivalents 1,384 1,131
Beginning balance of cash and equivalents 5,995 2,586
Ending balance of cash and equivalents 7,379 3,717
Supplemental disclosures:    
Cash interest payments 82 84
Cash income tax payments $ 228 $ 227