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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net earnings $ 581 $ 500
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for credit losses 6 7
Deferred income taxes and tax uncertainties 8 (4)
Depreciation and amortization 62 61
Non-cash lease expense 20 20
Stock-based compensation 14 12
Change in operating assets and liabilities:    
Accounts receivable (303) (128)
Inventories 5 6
Prepaid expenses and other assets (50) (19)
Trade accounts payable 253 154
Operating lease liabilities (24) (25)
Accrued liabilities (5) (42)
Income taxes – net 173 106
Other non-current liabilities (1) (2)
Net cash provided by operating activities 739 646
Cash flows from investing activities:    
Capital expenditures (170) (125)
Other – net (8) 0
Net cash used in investing activities (178) (125)
Cash flows from financing activities:    
Short-term borrowings (repayments), original maturities of 90 days or less, net (125) 0
Proceeds from debt 50 1
Payments of debt (1) (502)
Proceeds from stock options exercised 6 2
Payments for employee taxes withheld from stock awards (5) (3)
Purchases of treasury stock (237) (281)
Purchases of noncontrolling interests (25) 0
Cash dividends paid (108) (115)
Other – net (1) 0
Net cash used in financing activities (446) (898)
Exchange rate effect on cash and cash equivalents (5) 7
Net change in cash and cash equivalents 110 (370)
Cash and cash equivalents at beginning of year 585 1,036
Cash and cash equivalents at end of period $ 695 $ 666