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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Provided by (Used in) Operating Activities    
Net earnings $ 1,550 $ 1,121
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 65 53
Deferred income tax provision (benefit) 26 (72)
Earnings from equity investments (157) (86)
Loss on Cronos-related financial instruments 137 425
Asset impairment and exit costs, net of cash paid (23) 17
Cash effects of changes:    
Receivables 5 (16)
Inventories (5) (25)
Accounts payable (45) (189)
Income taxes 495 471
Accrued liabilities and other current assets (421) (513)
Accrued settlement charges 1,073 913
Pension plan contributions (4) (3)
Pension provisions and postretirement, net (20) (8)
Other, net 453 201
Net cash provided by (used in) operating activities 3,129 2,289
Cash Provided by (Used in) Investing Activities    
Capital expenditures (52) (38)
Investment in Cronos 0 (1,831)
Other, net 0 (81)
Net cash provided by (used in) investing activities (52) (1,950)
Cash Provided by (Used in) Financing Activities    
Proceeds from short-term borrowings 3,000 0
Repayment of short-term borrowings 0 (12,800)
Long-term debt issued 0 16,265
Long-term debt repaid (1,000) 0
Repurchases of common stock 0 (151)
Dividends paid on common stock (1,563) (1,502)
Other, net (10) (129)
Net cash provided by (used in) financing activities 427 1,683
Cash, cash equivalents and restricted cash:    
Increase (decrease) 3,504 2,022
Balance at beginning of period 2,160 1,433
Balance at end of period 5,664 3,455
Cash, cash equivalents and restricted cash $ 5,664 $ 3,455