XML 210 R8.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net earnings $ 3,899,000,000 $ 4,764,000,000 $ 7,209,000,000
Less: earnings from discontinued operations, net of income taxes 0 (543,000,000) (881,000,000)
Net earnings from continuing operations 3,899,000,000 4,221,000,000 6,328,000,000
Noncash items:      
Depreciation 721,000,000 675,000,000 698,000,000
Amortization of intangible assets 1,631,000,000 1,491,000,000 1,434,000,000
Amortization of acquisition-related inventory fair value step-up 25,000,000 8,000,000 0
Stock-based compensation expense 288,000,000 306,000,000 295,000,000
Investment losses 57,000,000 182,000,000 271,000,000
Impairment charges 265,000,000 77,000,000 0
Change in deferred income taxes (483,000,000) (1,204,000,000) (582,000,000)
Change in trade accounts receivable, net 331,000,000 322,000,000 (389,000,000)
Change in inventories 147,000,000 185,000,000 (448,000,000)
Change in trade accounts payable 19,000,000 (149,000,000) (18,000,000)
Change in prepaid expenses and other assets 274,000,000 419,000,000 (73,000,000)
Change in accrued expenses and other liabilities (486,000,000) (43,000,000) 97,000,000
Total operating cash provided by continuing operations 6,688,000,000 6,490,000,000 7,613,000,000
Total operating cash provided by discontinued operations 0 674,000,000 906,000,000
Net cash provided by operating activities 6,688,000,000 7,164,000,000 8,519,000,000
Cash flows from investing activities:      
Cash paid for acquisitions (558,000,000) (5,610,000,000) (582,000,000)
Payments for additions to property, plant and equipment (1,392,000,000) (1,383,000,000) (1,118,000,000)
Proceeds from sales of property, plant and equipment 13,000,000 12,000,000 9,000,000
Payments for purchases of investments (331,000,000) (172,000,000) (523,000,000)
Proceeds from sales of investments 253,000,000 61,000,000 18,000,000
All other investing activities 34,000,000 44,000,000 51,000,000
Total cash used in investing activities from continuing operations (1,981,000,000) (7,048,000,000) (2,145,000,000)
Total investing cash used in discontinued operations 0 (33,000,000) (89,000,000)
Net cash used in investing activities (1,981,000,000) (7,081,000,000) (2,234,000,000)
Cash flows from financing activities:      
Proceeds from the issuance of common stock in connection with stock-based compensation 162,000,000 68,000,000 31,000,000
Payment of dividends (768,000,000) (821,000,000) (818,000,000)
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 5,000,000 (1,006,000,000) (723,000,000)
Repayments of borrowings (maturities longer than 90 days) (1,674,000,000) (620,000,000) (965,000,000)
Distribution from discontinued operations 0 2,600,000,000 0
Payments for repurchase of common stock (5,979,000,000) 0 0
All other financing activities (131,000,000) (67,000,000) (95,000,000)
Net cash (used in) provided by financing activities for continuing operations (8,385,000,000) 154,000,000 (2,570,000,000)
Cash distributions to Veralto Corporation, net 0 (427,000,000) 0
Net cash used in financing activities (8,385,000,000) (273,000,000) (2,570,000,000)
Effect of exchange rate changes on cash and equivalents (108,000,000) 59,000,000 (306,000,000)
Net change in cash and equivalents (3,786,000,000) (131,000,000) 3,409,000,000
Beginning balance of cash and equivalents 5,864,000,000 5,995,000,000 2,586,000,000
Ending balance of cash and equivalents 2,078,000,000 5,864,000,000 5,995,000,000
Supplemental disclosure:      
Distribution of noncash net assets to Veralto Corporation $ 0 $ (1,674,000,000) $ 0