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OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]          
Net earnings $ 317 $ 222 $ 538 $ 452  
Net (loss) earnings from discontinued operations (12) (24) (19) 25  
Net earnings from continuing operations 329 246 557 427  
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities from continuing operations:          
Depreciation and tooling amortization     276 250  
Intangible asset amortization 17 17 34 34  
Restructuring expense, net of cash paid     15 10  
Stock-based compensation expense     29 30  
Gain on sale of businesses     (3) (5)  
Deferred income tax benefit     (32) (50)  
Unrealized loss on equity and debt securities $ 0 $ 54 2 69  
Other non-cash adjustments     20 (4)  
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities from continuing operations     341 334  
Retirement plan contributions     (11) (10)  
Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments:          
Receivables     (83) (459)  
Inventories     (45) (111)  
Prepayments and other current assets     (21) (9)  
Accounts payable and accrued expenses     (269) 84  
Prepaid taxes and income taxes payable     (62) (13)  
Other assets and liabilities     (63) 46  
Net cash provided by operating activities from continuing operations     344 289  
Cash paid during the period for:          
Interest     70 57  
Income taxes, net of refunds     197 $ 200  
Non-cash investing transactions:          
Period end accounts payable related to property, plant and equipment purchases     $ 111   $ 148