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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES    
Net earnings $ 920 $ 1,052
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 258 207
Stock-based compensation expense 32 28
U.S. tax reform transition tax 0 94
Deferred income tax provision 2 77
Asset impairments and accelerated depreciation 5 28
Gain on equity method investment transaction (23) 0
Equity method investment net earnings (113) (232)
Distributions from equity method investments 160 143
Other non-cash items, net 16 (14)
Change in assets and liabilities, net of acquisitions and divestitures:    
Receivables, net (570) (413)
Inventories, net (36) (38)
Accounts payable (139) (144)
Other current assets 47 46
Other current liabilities (45) (317)
Change in pension and postretirement assets and liabilities, net (49) (110)
Net cash provided by operating activities 465 407
CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES    
Capital expenditures (265) (284)
Proceeds from sale of property, plant and equipment and other 42 10
Net cash used in investing activities (223) (274)
CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES    
Issuances of commercial paper, maturities greater than 90 days 610 686
Repayments of commercial paper, maturities greater than 90 days (1,549) (433)
Net issuances of other short-term borrowings 1,815 1,016
Long-term debt proceeds 597 463
Long-term debt repaid (403) (738)
Repurchase of Common Stock (646) (527)
Dividends paid (380) (330)
Other 157 92
Net cash provided by financing activities 201 229
Effect of exchange rate changes on cash and cash equivalents (1) 7
Cash and cash equivalents:    
Increase 442 369
Balance at beginning of period 1,100 761
Balance at end of period $ 1,542 $ 1,130