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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net earnings $ 1,491 $ 1,216
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 15 13
Deferred income taxes and tax uncertainties 20 20
Depreciation and amortization 162 159
Net (gains) losses from sale of assets (4) 1
Stock-based compensation 49 38
Change in operating assets and liabilities:    
Accounts receivable (351) (487)
Inventories 42 (253)
Prepaid expenses and other assets 104 (39)
Trade accounts payable 55 261
Accrued liabilities (106) 51
Income taxes – net (34) 8
Other non-current liabilities (16) (15)
Net cash provided by operating activities 1,427 973
Cash flows from investing activities:    
Capital expenditures (318) (208)
Proceeds from sale of assets 11 7
Other – net 0 (11)
Net cash used in investing activities (307) (212)
Cash flows from financing activities:    
Proceeds from debt 7 1
Payments of debt (37) 0
Proceeds from stock options exercised 29 21
Payments for employee taxes withheld from stock awards (32) (22)
Purchases of treasury stock (506) (383)
Cash dividends paid (300) (285)
Net cash used in financing activities (839) (668)
Exchange rate effect on cash and cash equivalents (5) (19)
Net change in cash and cash equivalents 276 74
Cash and cash equivalents at beginning of year 325 241
Cash and cash equivalents at end of period $ 601 $ 315