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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net earnings $ 508 $ 385
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 4 4
Deferred income taxes and tax uncertainties 10 7
Depreciation and amortization 51 52
Stock-based compensation 12 9
Change in operating assets and liabilities:    
Accounts receivable (162) (263)
Inventories 4 (65)
Prepaid expenses and other assets 74 (39)
Trade accounts payable 53 228
Accrued liabilities (198) (53)
Income taxes – net 102 86
Other non-current liabilities (4) (8)
Net cash provided by operating activities 454 343
Cash flows from investing activities:    
Capital expenditures (98) (57)
Proceeds from sale of assets 2 0
Net cash used in investing activities (96) (57)
Cash flows from financing activities:    
Proceeds from debt 6 0
Payments of debt (18) 0
Proceeds from stock options exercised 23 6
Payments for employee taxes withheld from stock awards (3) (2)
Purchases of treasury stock (142) (79)
Cash dividends paid (87) (84)
Other – net (3) 0
Net cash used in financing activities (224) (159)
Exchange rate effect on cash and cash equivalents 2 (4)
Net change in cash and cash equivalents 136 123
Cash and cash equivalents at beginning of year 325 241
Cash and cash equivalents at end of period $ 461 $ 364