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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Operating activities    
Net income $ 1,426 $ 837
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 374 366
Postretirement benefit plan expense (benefit) (188) (191)
Deferred income taxes 99 (21)
Stock compensation 42 53
Gain on unconsolidated entities, net (200) 0
Other (91) 46
Postretirement benefit plan contributions (279) (33)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (139) (1,168)
Inventories (67) 78
Accounts payable 103 135
All other current assets and liabilities (154) 88
Net cash provided by (used in) operating activities 926 190
Investing activities    
Additions to properties (389) (374)
Collections of deferred purchase price on securitized trade receivables 0 945
Acquisitions, net of cash acquired (28) 4
Investments in unconsolidated entities (389) 0
Acquisition of cost method investment (6) (6)
Other 27 (1)
Net cash provided by (used in) investing activities (785) 568
Financing activities    
Net issuances (reductions) of notes payable (198) 134
Issuances of long-term debt 993 656
Reductions of long-term debt (401) (626)
Net issuances of common stock 160 87
Common stock repurchases (120) (516)
Cash dividends (568) (550)
Other (2) 0
Net cash provided by (used in) financing activities (136) (815)
Effect of exchange rate changes on cash and cash equivalents 23 44
Increase (decrease) in cash and cash equivalents 28 (13)
Cash and cash equivalents at beginning of period 281 280
Cash and cash equivalents at end of period 309 267
Supplemental cash flow disclosures    
Interest paid 153 149
Income taxes paid 163 279
Supplemental cash flow disclosures of non-cash investing activities    
Beneficial interests obtained in exchange for securitized trade receivables 0 951
Additions to properties included in accounts payable $ 98 $ 85