XML 18 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 27, 2021
Jun. 28, 2020
Operating activities    
Net earnings $ 3,652 $ 3,343
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 670 608
Stock-based compensation 127 115
Equity method investment impairment 0 128
Severance and restructuring charges 36 0
Changes in assets and liabilities    
Receivables, net (633) (498)
Contract assets (1,880) (727)
Inventories 426 98
Accounts payable 743 191
Contract liabilities (166) 427
Postretirement benefit plans (133) (77)
Income taxes 33 473
Other, net 141 415
Net cash provided by operating activities 3,016 4,496
Investing activities    
Capital expenditures (599) (636)
Other, net 210 4
Net cash used for investing activities (389) (632)
Financing activities    
Dividends paid (1,460) (1,364)
Repurchases of common stock (1,500) (1,015)
Issuance of long-term debt, net of related costs 0 1,131
Repayments of current and long-term debt 0 (1,150)
Other, net (82) (125)
Net cash used for financing activities (3,042) (2,523)
Net change in cash and cash equivalents (415) 1,341
Cash and cash equivalents at beginning of period 3,160 1,514
Cash and cash equivalents at end of period $ 2,745 $ 2,855