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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net earnings $ 1,008 $ 987
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 13 12
Deferred income taxes and tax uncertainties 1 15
Depreciation and amortization 125 116
Non-cash lease expense 41 41
Stock-based compensation 35 34
Change in operating assets and liabilities:    
Accounts receivable (212) (205)
Inventories (19) 71
Prepaid expenses and other assets (33) (42)
Trade accounts payable 231 184
Operating lease liabilities (53) (47)
Accrued liabilities (60) (18)
Income taxes – net (37) (62)
Other non-current liabilities (17) (14)
Net cash provided by operating activities 1,023 1,072
Cash flows from investing activities:    
Capital expenditures (300) (195)
Proceeds from sale of assets 4 1
Other – net 13 17
Net cash used in investing activities (283) (177)
Cash flows from financing activities:    
Proceeds from debt 63 3
Payments of debt (503) (17)
Proceeds from stock options exercised 2 10
Payments for employee taxes withheld from stock awards (30) (40)
Purchases of treasury stock (507) (512)
Cash dividends paid (225) (206)
Other – net (1) (1)
Net cash used in financing activities (1,201) (763)
Exchange rate effect on cash and cash equivalents 22 (23)
Net change in cash and cash equivalents (439) 109
Cash and cash equivalents at beginning of year 1,036 660
Cash and cash equivalents at end of period $ 597 $ 769