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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net earnings $ 1,647 $ 1,439 $ 515
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 227 187 190
Amortization of intangible assets 319 210 188
Share-based compensation 97 86 77
Recall charges 158 349 940
Sale of inventory stepped up to fair value at acquisition 36 7 27
Deferred income tax (expense) benefit (46) 87 60
Excess income tax benefits from stock issued under employee stock plans (36) (26) (21)
Changes in operating assets and liabilities:      
Accounts receivable (192) (151) (89)
Inventories (299) (115) (173)
Accounts payable (16) 35 13
Accrued expenses and other liabilities 174 73 92
Recall-related payments (243) (1,206) (98)
Income taxes (190) (290) 133
Other 176 214 (72)
Net cash provided by operating activities 1,812 899 1,782
Investing activities      
Acquisitions, net of cash acquired (4,332) (153) (916)
Purchases of marketable securities (151) (1,715) (4,365)
Proceeds from sales of marketable securities 785 4,094 3,636
Purchases of property, plant and equipment (490) (270) (233)
Other investing, net (3) 0 0
Net cash (used in) provided by investing activities (4,191) 1,956 (1,878)
Financing activities      
Proceeds from borrowings 1,094 1,576 1,601
Payments on borrowings (1,635) (2,272) (1,428)
Proceeds from issuance of long-term debt, net 3,453 744 986
Dividends paid (568) (521) (462)
Repurchase of common stock (13) (700) (100)
Excess income tax benefits from stock issued under employee stock plans 36 26 21
Other financing (6) 6 11
Net cash provided by (used in) financing activities 2,361 (1,141) 629
Effect of exchange rate changes on cash and cash equivalents (45) (130) (77)
Change in cash and cash equivalents (63) 1,584 456
Cash and cash equivalents at beginning of year 3,379 1,795 1,339
Cash and cash equivalents at end of year 3,316 3,379 1,795
Supplemental cash flow disclosure:      
Cash paid for income taxes, net of refunds 510 497 437
Cash paid for interest on debt $ 180 $ 101 $ 102