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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net earnings $ 1,613 $ 1,114 $ 755
Provision for credit losses 19 18 22
Deferred income taxes and tax uncertainties 8 27 (5)
Depreciation and amortization 217 185 182
Impairment of goodwill, intangible and other assets 7 0 187
Net (gains) losses from sales of assets and business divestitures (14) (6) 106
Stock-based compensation 48 42 46
Change in operating assets and liabilities:      
Accounts receivable (436) (324) (121)
Inventories (412) (152) (158)
Prepaid expenses and other assets (158) (15) (23)
Trade accounts payable 225 54 80
Accrued liabilities 200 43 15
Income taxes – net 42 (26) 24
Other non-current liabilities (26) (23) 13
Net cash provided by operating activities 1,333 937 1,123
Cash flows from investing activities:      
Additions to property, buildings, equipment and intangibles (256) (255) (197)
Proceeds from sale or redemption of assets 28 29 20
Other – net (35) 0 (2)
Net cash used in investing activities (263) (226) (179)
Cash flows from financing activities:      
Proceeds from short-term debt 16 0 12
Payments of short-term debt (15) 0 (65)
Proceeds from long-term debt 0 0 1,584
Payments of long-term debt 0 (8) (1,370)
Proceeds from stock options exercised 26 48 70
Payments for employee taxes withheld from stock awards (23) (30) (18)
Purchases of treasury stock (603) (695) (601)
Cash dividends paid (370) (357) (338)
Other – net (3) 3 0
Net cash used in financing activities (972) (1,039) (726)
Exchange rate effect on cash and cash equivalents (14) (16) 7
Net change in cash and cash equivalents 84 (344) 225
Cash and cash equivalents at beginning of year 241 585 360
Cash and cash equivalents at end of period 325 241 585
Supplemental cash flow information:      
Cash payments for interest (net of amounts capitalized) 91 87 94
Cash payments for income taxes $ 479 $ 377 $ 180