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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net earnings $ 581 $ 355
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 515 499
Business consolidation and other activities 136 235
Deferred tax provision (benefit) 34 (23)
Other, net (142) 7
Changes in working capital components, net of dispositions (248) (728)
Cash provided by (used in) operating activities 876 345
Cash Flows from Investing Activities    
Capital expenditures (1,204) (683)
Business acquisitions, net of cash acquired   (69)
Business dispositions, net of cash sold 111 (17)
Other, net (11) 18
Cash provided by (used in) investing activities (1,104) (751)
Cash Flows from Financing Activities    
Long-term borrowings 850 2,552
Repayments of long-term borrowings (14) (2,792)
Net change in short-term borrowings 10 (3)
Proceeds (payments) from issuances of common stock, net of shares used for taxes 31 (12)
Acquisitions of treasury stock (356) (57)
Common stock dividends (164) (149)
Other, net (30) (60)
Cash provided by (used in) financing activities 327 (521)
Effect of exchange rate changes on cash (22) (96)
Change in cash, cash equivalents and restricted cash 77 (1,023)
Cash, cash equivalents and restricted cash - beginning of period 1,381 1,806
Cash, cash equivalents and restricted cash - end of period $ 1,458 $ 783