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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net earnings (loss) $ 410 $ 892
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 163 153
Amortization of intangible assets 228 236
Asset impairments 161 0
Share-based compensation 86 63
Recall charges (6) 130
Sale of inventory stepped-up to fair value at acquisition 9 38
Changes in operating assets and liabilities:    
Accounts receivable 671 (72)
Inventories (181) (285)
Accounts payable (34) (16)
Accrued expenses and other liabilities (375) (76)
Recall-related payments (12) (34)
Income taxes (39) (86)
Other, net 130 (116)
Net cash provided by operating activities 1,211 827
Investing activities    
Acquisitions, net of cash acquired (26) (260)
Purchases of marketable securities (23) (37)
Proceeds from sales of marketable securities 31 34
Purchases of property, plant and equipment (253) (287)
Other investing, net 9 0
Net cash used in investing activities (280) (550)
Financing activities    
Proceeds (payments) on short-term borrowings, net 8 6
Proceeds from issuance of long-term debt 2,293 0
Payments on long-term debt (500) (1,341)
Dividends paid (431) (390)
Repurchases of common stock 0 (307)
Cash paid for taxes from withheld shares (68) (111)
Other financing, net (14) 8
Net cash provided by (used in) financing activities 1,288 (2,135)
Effect of exchange rate changes on cash and cash equivalents (17) (4)
Change in cash and cash equivalents 2,202 (1,862)
Cash and cash equivalents at beginning of period 4,337 3,616
Cash and cash equivalents at end of period $ 6,539 $ 1,754