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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net earnings including noncontrolling interests $ 1,602 $ 1,288 $ 1,846
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities      
Depreciation and amortization 924 900 882
Asset impairment charges 101 34 129
Deferred income taxes (714) 56 (7)
Equity in earnings of affiliates, net of dividends (210) (61) (50)
Stock compensation expense 66 74 79
Pension and postretirement accruals (contributions), net 16 (135) (112)
(Gain) Loss on Extinguishment of Debt 11 0 189
(Gain) loss on sale and revaluation of assets (80) (130) (572)
Other – net 179 34 (152)
Changes in operating assets and liabilities      
Segregated investments 260 342 (1,079)
Trade receivables 73 (160) 913
Inventories (137) (654) 872
Other current assets 676 (176) 460
Trade payables 181 161 (774)
Payables to brokerage customers (261) 87 24
Accrued expenses and other payables (476) (105) (943)
Total Operating Activities 2,211 1,555 1,705
Investing Activities      
Purchases of property, plant, and equipment (1,049) (882) (1,125)
Net assets of businesses acquired (187) (130) (479)
Proceeds from sale of business and assets 195 195 1,765
Payments to Acquire Equity Method Investments (280) (662) (226)
Purchases of marketable securities (538) (1,401) (1,084)
Proceeds from sales of marketable securities 985 1,659 1,119
Other – net (12) 10 9
Total Investing Activities (886) (1,211) (21)
Financing Activities      
Long-term debt borrowings 532 1,041 1,252
Long-term debt payments (835) (14) (994)
Net borrowings (payments) under lines of credit agreements 685 61 (18)
Debt repurchase premium and costs (11) 0 (189)
Share repurchases (750) (1,000) (2,040)
Cash dividends (730) (701) (687)
Other – net 81 34 27
Total Financing Activities (1,028) (579) (2,649)
Increase (decrease) in cash, cash equivalents, restricted cash, restricted cash equivalents 297 (235) (965)
Cash, cash equivalents, restricted cash, and restricted cash equivalents - beginning of period 1,561 1,796 2,761
Cash, cash equivalents, restricted cash, and restricted cash equivalents - end of period 1,858 1,561 1,796
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents to consolidated balance sheets [Abstract]      
Cash and cash equivalents 804 619 910
Restricted cash and cash equivalents included in segregated cash and investments 1,054 942 886
Cash paid for interest and income taxes were as follows:      
Interest 338 283 334
Income taxes $ 538 $ 398 $ 602