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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 25, 2018
Operating activities    
Net earnings $ 1,704 $ 1,157
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 277 279
Stock-based compensation 37 38
Gain on property sale (51) 0
Changes in assets and liabilities    
Receivables, net (389) (108)
Contract assets (1,025) (1,413)
Inventories (288) (318)
Accounts payable 744 1,290
Contract liabilities 305 (478)
Postretirement benefit plans 278 (1,145)
Income taxes 243 1,064
Other, net (172) 266
Net cash provided by operating activities 1,663 632
Investing activities    
Capital expenditures (284) (216)
Other, net 27 130
Net cash used for investing activities (257) (86)
Financing activities    
Dividends paid (638) (586)
Repurchases of common stock (281) (300)
Repayments of commercial paper, net (200) 0
Other, net (68) (128)
Net cash used for financing activities (1,187) (1,014)
Net change in cash and cash equivalents 219 (468)
Cash and cash equivalents at beginning of period 772 2,861
Cash and cash equivalents at end of period $ 991 $ 2,393