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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Operating activities    
Net earnings $ 4,732 $ 3,793
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 867 857
Stock-based compensation 158 148
Gain on property sale (51) 0
Severance and restructuring charges 0 96
Changes in assets and liabilities    
Receivables, net 60 (151)
Contract assets (1,532) (1,777)
Inventories (477) (172)
Accounts payable 524 1,237
Contract liabilities 286 (539)
Postretirement benefit plans 828 (3,935)
Income taxes (117) 729
Other, net 543 635
Net cash provided by operating activities 5,821 921
Investing activities    
Capital expenditures (841) (819)
Other, net 38 146
Net cash used for investing activities (803) (673)
Financing activities    
Dividends paid (1,881) (1,725)
Repurchases of common stock (710) (826)
(Repayments of) proceeds from commercial paper, net (600) 490
Other, net (60) (151)
Net cash used for financing activities (3,251) (2,212)
Net change in cash and cash equivalents 1,767 (1,964)
Cash and cash equivalents at beginning of period 772 2,861
Cash and cash equivalents at end of period $ 2,539 $ 897