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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net earnings $ 813 $ 570
Provision for credit losses 12 18
Deferred income taxes and tax uncertainties (7) 9
Depreciation and amortization 137 137
Impairment of goodwill, intangible and long-lived assets 0 177
Net (gains) losses from sale or redemption of assets and business divestitures (3) 104
Stock-based compensation 33 36
Subtotal 172 481
Change in operating assets and liabilities:    
Accounts receivable (298) (145)
Inventories (64) (222)
Prepaid expenses and other assets (1) (29)
Trade accounts payable 167 145
Accrued liabilities (13) (13)
Income taxes - net (42) (19)
Other non-current liabilities (10) 19
Subtotal (261) (264)
Net cash provided by operating activities 724 787
Cash flows from investing activities:    
Additions to property, buildings, equipment and intangibles (197) (152)
Proceeds from sale or redemption of assets and business divestitures 17 22
Other - net 0 (2)
Net cash used in investing activities (180) (132)
Cash flows from financing activities:    
Borrowings under lines of credit 0 12
Payments against lines of credit 0 (65)
Proceeds from long-term debt 0 1,583
Payments of long-term debt (8) (1,361)
Proceeds from stock options exercised 31 47
Payments for employee taxes withheld from stock awards (29) (16)
Purchases of treasury stock (525) (101)
Cash dividends paid (261) (246)
Other - net 2 0
Net cash used in financing activities (790) (147)
Exchange rate effect on cash and cash equivalents (11) (9)
Net change in cash and cash equivalents (257) 499
Cash and cash equivalents at beginning of year 585 360
Cash and cash equivalents at end of period $ 328 $ 859