XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Operating    
Net earnings $ 777 $ 848
Adjustments to reconcile Net earnings to Net cash provided by operating activities:    
Depreciation and amortization 331 325
Non-cash other charges (income) 20 (6)
Loss on ESN fixed asset impairment 147 0
Share-based compensation expenses 126 94
Gain on sales of investments and businesses, net (3) 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 5 189
Inventories (360) (99)
Other current assets and contract assets (38) (136)
Accounts payable, accrued liabilities and contract liabilities (183) (39)
Other assets and liabilities (66) (62)
Deferred income taxes (212) 2
Net cash provided by operating activities 550 1,134
Investing    
Acquisitions and investments, net (590) (360)
Proceeds from sales of investments and businesses, net 38 4
Capital expenditures (183) (175)
Proceeds from sales of property, plant and equipment 0 6
Net cash used for investing activities (735) (525)
Financing    
Net proceeds from issuance of debt 595 844
Repayments of debt (283) (351)
Revolving credit facility renewal fees 0 (7)
Issuances of common stock 137 99
Purchases of common stock (749) (397)
Payments of dividends (398) (362)
Payments of dividends to non-controlling interests (6) (5)
Net cash used for financing activities (704) (179)
Effect of exchange rate changes on total cash and cash equivalents (163) (31)
Net increase (decrease) in total cash and cash equivalents (1,052) 399
Cash and cash equivalents, beginning of period 1,874 1,254
Cash and cash equivalents, end of period 822 1,653
Cash paid during the period for:    
Interest paid 157 155
Income and withholding taxes, net of refunds $ 270 $ 230