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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Cash flows from operating activities:    
Net earnings $ 2,813 $ 3,685
Less: earnings from discontinued operations, net of income taxes 0 (585)
Net earnings from continuing operations 2,813 3,100
Noncash items:    
Depreciation 534 497
Amortization of intangible assets 1,223 1,111
Amortization of acquisition-related inventory fair value step-up 25 0
Stock-based compensation expense 231 245
Investment (gains) losses (7) 43
Impairment charges 222 42
Change in trade accounts receivable, net 482 711
Change in inventories (117) (53)
Change in trade accounts payable (186) (314)
Change in prepaid expenses and other assets 299 332
Change in accrued expenses and other liabilities (850) (815)
Total operating cash provided by continuing operations 4,669 4,899
Total operating cash provided by discontinued operations 0 646
Net cash provided by operating activities 4,669 5,545
Cash flows from investing activities:    
Cash paid for acquisitions (525) 0
Payments for additions to property, plant and equipment (876) (949)
Proceeds from sales of property, plant and equipment 12 6
Payments for purchases of investments (188) (152)
Proceeds from sales of investments 251 33
All other investing activities 39 31
Total investing cash used in continuing operations (1,287) (1,031)
Total investing cash used in discontinued operations 0 (33)
Total cash used in investing activities (1,287) (1,064)
Cash flows from financing activities:    
Proceeds from the issuance of common stock in connection with stock-based compensation, net 143 51
Payment of dividends (573) (621)
Net proceeds from borrowings (maturities longer than 90 days) 0 2,605
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 1 (9)
Net repayments of borrowings (maturities longer than 90 days) (974) 0
Payments for repurchase of common stock (5,170) 0
All other financing activities (120) (53)
Total cash (used in) provided by financing activities (6,693) 1,973
Effect of exchange rate changes on cash and equivalents 74 (172)
Net change in cash and equivalents (3,237) 6,282
Beginning balance of cash and equivalents 5,864 5,995
Ending balance of cash and equivalents 2,627 12,277
Supplemental disclosures:    
Cash interest payments 280 289
Cash income tax payments $ 933 $ 1,170