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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net earnings $ 497 $ 508
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 6 4
Deferred income taxes and tax uncertainties (2) 10
Depreciation and amortization 56 50
Non-cash lease expense 21 17
Stock-based compensation 11 12
Change in operating assets and liabilities:    
Accounts receivable (163) (162)
Inventories 76 4
Prepaid expenses and other assets (85) 74
Trade accounts payable 202 53
Operating lease liabilities (23) (21)
Accrued liabilities (35) (193)
Income taxes – net 107 102
Other non-current liabilities (7) (4)
Net cash provided by operating activities 661 454
Cash flows from investing activities:    
Capital expenditures (119) (98)
Proceeds from sale of assets 1 2
Net cash used in investing activities (118) (96)
Cash flows from financing activities:    
Proceeds from debt 1 6
Payments of debt (17) (18)
Proceeds from stock options exercised 9 23
Payments for employee taxes withheld from stock awards (10) (3)
Purchases of treasury stock (268) (142)
Cash dividends paid (105) (87)
Other – net (1) (3)
Net cash used in financing activities (391) (224)
Exchange rate effect on cash and cash equivalents (8) 2
Net change in cash and cash equivalents 144 136
Cash and cash equivalents at beginning of year 660 325
Cash and cash equivalents at end of period $ 804 $ 461