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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 570 $ 778
Provision for credit losses 18 7
Deferred income taxes and tax uncertainties 9 19
Depreciation and amortization 137 171
Net losses (gains) from sales of assets and business divestitures 104 (5)
Impairment of goodwill, intangibles and long-lived assets 177 0
Stock-based compensation 36 32
Subtotal 481 224
Change in operating assets and liabilities:    
Accounts receivable (145) (119)
Inventories (222) 18
Prepaid expenses and other assets (29) (15)
Trade accounts payable 145 50
Accrued liabilities (13) (137)
Income taxes - net (19) (16)
Other non-current liabilities 19 (13)
Subtotal (264) (232)
Net cash provided by operating activities 787 770
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, buildings, equipment and intangibles (152) (163)
Proceeds from sales of assets and business divestitures 22 16
Other (2) 2
Net cash used in investing activities (132) (145)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under lines of credit 12 22
Payments against lines of credit (65) (18)
Proceeds from Issuance of Long-term Debt 1,583 0
Payments of long-term debt (1,361) (48)
Proceeds from stock options exercised 47 19
Payments for employee taxes withheld from stock awards (16) (10)
Purchases of treasury stock (101) (600)
Cash dividends paid (246) (242)
Other - net 0 2
Net cash used in financing activities (147) (875)
Exchange rate effect on cash and cash equivalents (9) (2)
NET CHANGE IN CASH AND CASH EQUIVALENTS 499 (252)
Cash and cash equivalents at beginning of year 360 538
Cash and cash equivalents at end of period $ 859 $ 286