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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net earnings $ 323 $ 302
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 92 95
Amortization of intangible assets 150 181
Share-based compensation 71 68
Recall charges 14 6
Sale of inventory stepped-up to fair value at acquisition 5 79
Changes in operating assets and liabilities:    
Accounts receivable 53 65
Inventories (229) (73)
Accounts payable (52) (37)
Accrued expenses and other liabilities (348) (178)
Recall-related payments (9) (8)
Income taxes (3) 6
Other, net 136 (54)
Net cash provided by operating activities 203 452
Investing activities    
Acquisitions, net of cash acquired (2,563) (27)
Purchases of marketable securities (9) (5)
Proceeds from sales of marketable securities 11 12
Purchases of property, plant and equipment (119) (83)
Other investing, net (2) 7
Net cash used in investing activities (2,682) (96)
Financing activities    
Proceeds (payments) on short-term borrowings, net (170) 2
Proceeds from issuance of long-term debt 1,500 5
Payments on long-term debt 0 (750)
Payments of dividends (262) (238)
Cash paid for taxes from withheld shares (72) (53)
Other financing, net (3) (19)
Net cash provided by (used in) financing activities 993 (1,053)
Effect of exchange rate changes on cash and cash equivalents 0 (8)
Change in cash and cash equivalents (1,486) (705)
Cash and cash equivalents at beginning of period 2,944 2,943
Cash and cash equivalents at end of period $ 1,458 $ 2,238