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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings $ (66) $ 162
Adjustments to reconcile net earnings (loss) to cash from operating activities:    
Depreciation and amortization 215 214
Deferred income taxes 164 (87)
Income from affiliates (59) (74)
Dividends received from affiliates 51 88
Other investment income, net (29) (43)
Payment of contingent consideration liability in excess of acquisition date fair value   (16)
Other, net 3 18
Changes in assets and liabilities, net of acquisitions:    
Receivables, net of allowance for credit losses (67) 200
Inventories 110 158
Other assets (10) 8
Accounts payable (74) (63)
Other liabilities, exclusive of debt (19) 16
Net cash from operating activities 219 581
Cash flows from investing activities:    
Purchase of short-term investments (1,030) (1,712)
Proceeds from the sale of short-term investments 1,048 1,671
Proceeds from the maturity of short-term investments 14 59
Capital expenditures (373) (344)
Proceeds from the sale of property, plant and equipment 23 28
Proceeds from the sale of non-consolidated affiliates 13  
Investments in and advances to affiliates, net   (11)
Purchase of long-term investments (6) (11)
Other, net (10) (2)
Net cash from investing activities (321) (322)
Cash flows from financing activities:    
Uncommitted lines of credit, net 103 (155)
Draws under committed lines of credit 998 819
Repayments of committed lines of credit (928) (950)
Principal payments of long-term debt (5) (6)
Finance lease payments (38) (43)
Payment of contingent consideration   (14)
Dividends paid (6) (7)
Other, net (1)  
Net cash from financing activities 152 (356)
Effect of exchange rate changes on cash and cash equivalents   (2)
Net change in cash and cash equivalents 50 (99)
Cash and cash equivalents at beginning of year 56 199
Cash and cash equivalents at end of period 106 $ 100
Affiliates    
Cash flows from financing activities:    
Proceeds from payable to affiliate $ 29