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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Cash flows from operating activities - continuing operations:    
Net earnings $ 1,445 $ 1,331
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation of property, plant and equipment 280 254
Amortization of intangible and finance lease right-of-use assets 159 177
Equity-based compensation expense 72 61
Deferred income tax benefit (37) (83)
(Increase) decrease in assets, net of effects of business acquisitions:    
Accounts receivable (94) (1)
Unbilled receivables 134 160
Inventories (58) (433)
Increase (decrease) in liabilities, net of effects of business acquisitions:    
Accounts payable (364) (782)
Customer advances and deposits (226) (863)
Other, net (193) 356
Net cash provided by operating activities 1,118 177
Cash flows from investing activities:    
Capital expenditures (306) (406)
Other, net (2) 184
Net cash used by investing activities (308) (222)
Cash flows from financing activities:    
Repayment of notes (2,000) (2,000)
Proceeds from commercial paper, gross (maturities greater than 3 months) 1,997 420
Proceeds from fixed-rate notes 1,497 3,960
Purchases of common stock (1,352) (501)
Dividends paid (651) (610)
Proceeds from commercial paper, net 0 816
Other, net 338 (118)
Net cash (used) provided by financing activities (671) 1,467
Net cash used by discontinued operations (13) (24)
Net increase in cash and equivalents 126 1,398
Cash and equivalents at beginning of period 2,824 902
Cash and equivalents at end of period 2,950 2,300
Supplemental cash flow information:    
Income tax payments, net (245) (56)
Interest payments (228) (221)
LIBOR    
Cash flows from financing activities:    
Repayment of notes $ (500) $ (500)