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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net earnings $ 1,031 $ 1,358
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 247 231
Amortization of intangible assets 342 352
Asset impairments 161 2
Share-based compensation 115 95
Recall charges (4) 179
Sale of inventory stepped-up to fair value at acquisition 9 55
Changes in operating assets and liabilities:    
Accounts receivable 467 (124)
Inventories (154) (414)
Accounts payable (26) 37
Accrued expenses and other liabilities (184) 64
Recall-related payments (13) (172)
Income taxes 5 (94)
Other, net 44 (113)
Net cash provided by operating activities 2,040 1,456
Investing activities    
Acquisitions, net of cash acquired (26) (281)
Purchases of marketable securities (34) (57)
Proceeds from sales of marketable securities 44 52
Purchases of property, plant and equipment (322) (450)
Other investing, net (11) 0
Net cash used in investing activities (349) (736)
Financing activities    
Proceeds (payments) on short-term borrowings, net 3 (7)
Proceeds from issuance of long-term debt 2,293 0
Payments on long-term debt (500) (1,341)
Dividends paid (647) (585)
Repurchases of common stock 0 (307)
Cash paid for taxes from withheld shares (79) (130)
Other financing, net (24) 10
Net cash provided by (used in) financing activities 1,046 (2,360)
Effect of exchange rate changes on cash and cash equivalents 9 (28)
Change in cash and cash equivalents 2,746 (1,668)
Cash and cash equivalents at beginning of period 4,337 3,616
Cash and cash equivalents at end of period $ 7,083 $ 1,948