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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net income $ 4,772,000,000 $ 5,740,000,000 $ 5,672,000,000
Net income from discontinued operations 304,000,000 745,000,000 743,000,000
Net income from continuing operations 4,468,000,000 4,995,000,000 4,929,000,000
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities      
Depreciation 546,000,000 493,000,000 490,000,000
Amortization 842,000,000 659,000,000 514,000,000
Loss (gain) on sale of non-strategic businesses and assets 18,000,000 1,000,000 (5,000,000)
Impairment of goodwill 724,000,000 0 0
Impairment of assets held for sale 270,000,000 219,000,000 0
Repositioning and other (gains) charges (167,000,000) 239,000,000 844,000,000
Net payments for repositioning and other charges (378,000,000) (470,000,000) (445,000,000)
NARCO Buyout payment 0 0 (1,325,000,000)
Resideo indemnification and reimbursement agreement termination payment 1,590,000,000 0 0
Asbestos liabilities divestiture payment (1,428,000,000) 0 0
Pension and other postretirement income (396,000,000) (477,000,000) (408,000,000)
Pension and other postretirement benefit payments (20,000,000) (32,000,000) (35,000,000)
Stock compensation expense 196,000,000 189,000,000 197,000,000
Deferred income taxes 18,000,000 (229,000,000) 189,000,000
Other 144,000,000 (191,000,000) (534,000,000)
Changes in assets and liabilities, net of the effects of acquisitions and divestitures      
Accounts receivable (825,000,000) (129,000,000) 67,000,000
Inventories (636,000,000) (286,000,000) (549,000,000)
Other current assets (233,000,000) (111,000,000) 224,000,000
Accounts payable 724,000,000 78,000,000 444,000,000
Accrued liabilities 1,325,000,000 233,000,000 270,000,000
Income taxes (707,000,000) (69,000,000) (408,000,000)
Net cash provided by operating activities from continuing operations 6,075,000,000 5,112,000,000 4,459,000,000
Net cash provided by operating activities from discontinued operations 333,000,000 985,000,000 881,000,000
Net cash provided by operating activities 6,408,000,000 6,097,000,000 5,340,000,000
Cash flows from investing activities      
Capital expenditures (986,000,000) (871,000,000) (741,000,000)
Proceeds from disposals of property, plant and equipment 31,000,000 0 43,000,000
Increase in investments (1,503,000,000) (1,077,000,000) (560,000,000)
Decrease in investments 1,469,000,000 870,000,000 971,000,000
(Payments) receipts from settlements of derivative contracts (399,000,000) 94,000,000 6,000,000
Cash paid for acquisitions, net of cash acquired (2,211,000,000) (8,880,000,000) (718,000,000)
Proceeds from sales of businesses, net of fees paid 1,157,000,000 0 4,000,000
Net cash used for investing activities from continuing operations (2,442,000,000) (9,864,000,000) (995,000,000)
Net cash used for investing activities from discontinued operations (269,000,000) (293,000,000) (298,000,000)
Net cash used for investing activities (2,711,000,000) (10,157,000,000) (1,293,000,000)
Cash flows from financing activities      
Proceeds from issuance of commercial paper and other short-term borrowings 24,297,000,000 13,838,000,000 12,991,000,000
Payments of commercial paper and other short-term borrowings (22,815,000,000) (11,578,000,000) (13,663,000,000)
Proceeds from issuance of common stock 237,000,000 537,000,000 196,000,000
Proceeds from issuance of long-term debt 4,035,000,000 10,408,000,000 2,986,000,000
Payments of long-term debt (2,909,000,000) (1,812,000,000) (1,731,000,000)
Repurchases of common stock (3,804,000,000) (1,655,000,000) (3,715,000,000)
Cash dividends paid (2,976,000,000) (2,902,000,000) (2,855,000,000)
Pre-separation funding 1,962,000,000 0 0
Spin-off cash (449,000,000) 0 0
Other 469,000,000 3,000,000 28,000,000
Net cash (used for) provided by financing activities (1,953,000,000) 6,839,000,000 (5,763,000,000)
Effect of foreign exchange rate changes on cash and cash equivalents 176,000,000 (137,000,000) 14,000,000
Net increase (decrease) in cash and cash equivalents 1,920,000,000 2,642,000,000 (1,702,000,000)
Cash and cash equivalents at beginning of period 10,567,000,000 7,925,000,000 9,627,000,000
Cash and cash equivalents at end of period $ 12,487,000,000 $ 10,567,000,000 $ 7,925,000,000