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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net earnings $ 302 $ 493
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 95 80
Amortization of intangible assets 181 118
Share-based compensation 68 56
Recall charges 6 (6)
Sale of inventory stepped-up to fair value at acquisition 79 6
Changes in operating assets and liabilities:    
Accounts receivable 65 204
Inventories (73) (122)
Accounts payable (37) 63
Accrued expenses and other liabilities (178) (550)
Recall-related payments (8) (4)
Income taxes 6 84
Other, net (54) 169
Net cash provided by operating activities 452 591
Investing activities    
Acquisitions, net of cash acquired (27) (23)
Purchases of marketable securities (5) (8)
Proceeds from sales of marketable securities 12 12
Purchases of property, plant and equipment (83) (144)
Other investing, net 7 0
Net cash used in investing activities (96) (163)
Financing activities    
Proceeds (payments) on short-term borrowings, net 2 4
Proceeds from issuance of long-term debt 5 0
Payments on long-term debt (750) (500)
Dividends paid (238) (215)
Repurchases of common stock 0 0
Cash paid for taxes from withheld shares (53) (56)
Other financing, net (19) (1)
Net cash provided by (used in) financing activities (1,053) (768)
Effect of exchange rate changes on cash and cash equivalents (8) (33)
Change in cash and cash equivalents (705) (373)
Cash and cash equivalents at beginning of period 2,943 4,337
Cash and cash equivalents at end of period $ 2,238 $ 3,964