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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 262 $ 241
Provision for losses on accounts receivable 4 4
Deferred income taxes and tax uncertainties (4) (2)
Depreciation and amortization 57 64
Net gains from sales of assets, net of write-offs (2) (6)
Stock-based compensation 5 12
Losses from equity method investment 0 11
Change in operating assets and liabilities:    
Accounts receivable (102) (94)
Inventories 20 3
Prepaid expenses and other assets (30) (33)
Trade accounts payable 64 13
Other current liabilities (207) (103)
Income taxes payable, net 64 44
Accrued employment-related benefits cost (4) (7)
Net cash provided by operating activities 127 147
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, buildings and equipment and intangibles (60) (49)
Proceeds from sales of assets 6 26
Equity method investment 2 (8)
Net cash used in investing activities (52) (31)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in commercial paper 0 90
Borrowings under lines of credit 10 10
Payments against lines of credit (7) (20)
Payments of long-term debt (14) (25)
Proceeds from stock options exercised 3 59
Payments for employee taxes withheld from stock awards (3) (15)
Purchase of treasury stock (135) (173)
Cash dividends paid (76) (72)
Other, net 1 0
Net cash used in financing activities (221) (146)
Exchange rate effect on cash and cash equivalents 0 5
NET CHANGE IN CASH AND CASH EQUIVALENTS (146) (25)
Cash and cash equivalents at beginning of year 538 327
Cash and cash equivalents at end of period $ 392 $ 302