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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net earnings $ 998 $ 774
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 9 8
Deferred income taxes and tax uncertainties 17 15
Depreciation and amortization 106 107
Net losses from sale of assets 0 2
Stock-based compensation 31 27
Change in operating assets and liabilities:    
Accounts receivable (303) (398)
Inventories 28 (149)
Prepaid expenses and other assets 93 (50)
Trade accounts payable 147 263
Accrued liabilities (177) (8)
Income taxes – net (28) 10
Other non-current liabilities (17) (8)
Net cash provided by operating activities 904 593
Cash flows from investing activities:    
Capital expenditures (193) (163)
Proceeds from sale of assets 2 2
Other – net 0 (11)
Net cash used in investing activities (191) (172)
Cash flows from financing activities:    
Proceeds from debt 6 0
Payments of debt (18) 0
Proceeds from stock options exercised 28 15
Payments for employee taxes withheld from stock awards (29) (19)
Purchases of treasury stock (313) (199)
Cash dividends paid (194) (183)
Other – net (1) (2)
Net cash used in financing activities (521) (388)
Exchange rate effect on cash and cash equivalents (2) (12)
Net change in cash and cash equivalents 190 21
Cash and cash equivalents at beginning of year 325 241
Cash and cash equivalents at end of period $ 515 $ 262