XML 20 R8.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Cash Flow Statement - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net income $ 573 $ 658
Depreciation and amortization 218 185
Stock-based compensation 32 32
Deferred income taxes 7 (11)
Net (gains) losses on asset and business dispositions 10 5
Equity companies' earnings (in excess of) less than dividends paid (39) (61)
Operating working capital (476) (367)
Postretirement benefits 3 2
Other (1) (5)
Cash Provided by Operations 327 438
Investing Activities    
Capital spending (204) (194)
Investments in time deposits (99) (97)
Maturities of time deposits 186 119
Other (2) (9)
Cash Used for Investing (119) (181)
Financing Activities    
Cash dividends paid (405) (398)
Change in short-term debt 45 4
Repayments of Long-Term Debt (250) 0
Proceeds from exercise of stock options 30 3
Repurchases of common stock (61) (54)
Payments of Ordinary Dividends, Noncontrolling Interest (18) (19)
Other (24) (21)
Cash Used for Financing (683) (485)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 17 (12)
Change in Cash and Cash Equivalents (458) (240)
Cash and Cash Equivalents - Beginning of Period 1,021 1,093
Cash and Cash Equivalents - End of Period $ 563 $ 853