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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Operating    
Net earnings $ 497 $ 540
Adjustments to reconcile Net earnings to Net cash provided by operating activities:    
Depreciation and amortization 223 220
Non-cash other charges (income) 19 (24)
Share-based compensation expenses 81 60
Gain on sales of investments and businesses, net (2) 0
Loss from the extinguishment of long-term debt 6 18
Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:    
Accounts receivable 106 221
Inventories (277) (53)
Other current assets and contract assets (14) 134
Accounts payable, accrued liabilities and contract liabilities (299) (298)
Other assets and liabilities (57) (37)
Deferred income taxes (121) (23)
Net cash provided by operating activities 162 758
Investing    
Acquisitions and investments, net (571) (9)
Proceeds from sales of investments and businesses, net 11 3
Capital expenditures (113) (114)
Proceeds from sales of property, plant and equipment 0 6
Net cash used for investing activities (673) (114)
Financing    
Net proceeds from issuance of debt 595 844
Repayments of debt (283) (348)
Revolving credit facility renewal fees 0 (7)
Issuances of common stock 51 60
Purchases of common stock (655) (272)
Payments of dividends (266) (242)
Payments of dividends to non-controlling interests (6) (5)
Net cash provided by (used for) financing activities (564) 30
Effect of exchange rate changes on total cash and cash equivalents (82) (7)
Net increase (decrease) in total cash and cash equivalents (1,157) 667
Cash and cash equivalents, beginning of period 1,874 1,254
Cash and cash equivalents, end of period 717 1,921
Cash paid during the period for:    
Interest paid 109 102
Income and withholding taxes, net of refunds $ 201 $ 179