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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash Flows from Operating Activities          
Net earnings including noncontrolling interest $ 1,043.8 $ 438.8 $ 2,229.5 $ 597.0  
Adjustments to reconcile net earnings including noncontrolling interests to net cash provided by operating activities:          
Depreciation, depletion and amortization 245.0 203.5 471.7 412.6  
Deferred and other income taxes     297.3 38.9  
Equity in net (earnings) loss of nonconsolidated companies, net of dividends     (66.6) 15.1  
Accretion expense for asset retirement obligations     39.6 35.1 $ 71.9
Accretion Expense     6.5 7.2  
Share-based compensation expense     15.5 19.2  
Unrealized (gain) loss on derivatives     (66.4) (45.5)  
Foreign Currency Transaction Gain, before Tax     (76.3) (116.4)  
Closure Costs     0.0 158.1  
Other     49.9 (17.1)  
Changes in assets and liabilities, excluding effects of acquisition:          
Receivables, net     (721.3) (46.4)  
Inventories     (818.4) (402.0)  
Other current and noncurrent assets     (227.1) (53.1)  
Accounts payable and accrued liabilities     1,072.9 724.0  
Other noncurrent liabilities     (115.5) 7.2  
Net cash provided by operating activities     2,091.3 1,333.9  
Cash Flows from Investing Activities          
Capital expenditures (262.6) (297.2) (553.1) (585.8)  
Purchases of available-for-sale securities - restricted     (425.9) (200.5)  
Proceeds from sale of available-for-sale securities - restricted     415.2 186.1  
Other     1.9 20.6  
Net cash used in investing activities     (561.9) (579.6)  
Cash Flows from Financing Activities          
Repayments of Other Short-term Debt     (119.3) (25.0)  
Proceeds from Other Short-term Debt     130.3 25.0  
Repayments of inventory financing arrangement     (1,250.4) 0.0  
Proceeds From Inventory Financing Arrangements     947.7 0.0  
Payments of structured accounts payable arrangements     (770.7) (342.7)  
Proceeds from structured accounts payable arrangements     796.4 527.5  
Collections from Factoring Receivables     683.5 188.7  
Payments of Factoring Receivables     (764.6) (160.6)  
Payments of long-term debt     (28.6) (128.7)  
Cash dividends paid     (94.5) (47.5)  
Proceeds from (Payments for) Other Financing Activities     13.4 2.9  
Net cash (used in) provided by financing activities     (1,456.2) 39.6  
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations     (2.1) 49.1  
Net change in cash, cash equivalents and restricted cash     71.1 843.0  
Cash, cash equivalents and restricted cash-beginning of period     786.3 594.4 594.4
Cash, cash equivalents and restricted cash-end of period 857.4 1,437.4 857.4 1,437.4 786.3
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]          
Cash and cash equivalents 839.1 1,417.6 839.1 1,417.6 769.5
Restricted cash in other current assets 9.4 10.6 9.4 10.6  
Restricted cash in other assets 8.9 9.2 8.9 9.2  
Cash, cash equivalents and restricted cash-end of period $ 857.4 $ 1,437.4 857.4 1,437.4 $ 786.3
Supplemental Disclosure of Cash Flow Information:          
Interest (net of amount capitalized)     84.1 89.6  
Income taxes (net of refunds)     492.0 118.9  
Payments for Repurchase of Common Stock     $ 999.4 $ 0.0