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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 5,149 $ 6,197
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property and intangibles 1,769 1,894
Stock based compensation 278 307
Asset write-downs 610 14
Net gain on sale of assets/businesses (168) (580)
Deferred tax provision (926) (730)
Credit losses and accounts receivable allowances 6 (13)
Changes in assets and liabilities, net of effects from acquisitions and divestitures:    
Increase in accounts receivable (427) (1,604)
Increase in inventories (600) (695)
Decrease in accounts payable and accrued liabilities (2,817) (2,336)
Decrease in other current and non-current assets 995 2,522
Increase/(Decrease) in other current and non-current liabilities 110 (902)
NET CASH FLOWS FROM OPERATING ACTIVITIES 3,979 4,074
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (607) (677)
Proceeds from the disposal of assets/businesses, net (Note 10) 248 603
Acquisitions, net of cash acquired (Note 10) (252) 0
Purchases of investments (9,018) (5,994)
Sales of investments 6,303 5,233
Credit support agreements activity, net (249) 751
Other (primarily licenses and milestones) (59) (101)
NET CASH USED BY INVESTING ACTIVITIES (3,634) (185)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends to shareholders (2,787) (2,659)
Repurchase of common stock (1,577) (1,438)
Proceeds from short-term debt 3,019 23
Repayment of short-term debt (856) (475)
Proceeds from long-term debt, net of issuance costs 0 1
Repayment of long-term debt (2,132) (1,001)
Proceeds from the exercise of stock options/employee withholding tax on stock awards, net 321 236
Credit support agreements activity, net (235) 212
Other (138) (24)
NET CASH USED BY FINANCING ACTIVITIES (4,385) (5,125)
Effect of exchange rate changes on cash and cash equivalents 16 (78)
Decrease in cash and cash equivalents (4,024) (1,314)
Cash and Cash equivalents, beginning of period 14,487 13,985
CASH AND CASH EQUIVALENTS, END OF PERIOD 10,463 12,671
Acquisitions    
Fair value of assets acquired 255 0
Fair value of liabilities assumed and noncontrolling interests (3) 0
Net cash paid for acquisitions $ 252 $ 0