XML 95 R8.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Net earnings including noncontrolling interest $ 3,614.2 $ 1,634.9 $ 665.6
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Depreciation, depletion and amortization 933.9 812.9 847.6
Deferred and other income taxes 344.4 98.8 (684.0)
Equity in net (earnings) loss of nonconsolidated companies, net of dividends (191.5) (2.1) 97.1
Accretion expense for asset retirement obligations 81.6 71.9 68.0
Accretion expense for leases 15.9 13.4 24.2
Share-based compensation expense 27.9 29.5 17.8
Unrealized (gain) loss on derivatives 4.3 7.2 (26.6)
Foreign Currency Transaction Loss, before Tax     14.1
Foreign Currency Transaction Gain (Loss), before Tax (67.9) (2.6)  
Closure costs 0.0 158.1 0.0
Loss on sale of securities 46.6 0.0 0.0
Inventory Write-down 38.0 0.0 0.0
Other 39.0 (5.3) 31.9
Pension Settlement 41.9 0.0 0.0
Changes in assets and liabilities:      
Receivables, net (215.2) (683.6) (153.6)
Inventories, net (749.6) (1,067.9) 191.4
Other current assets and noncurrent assets (247.4) (18.0) 66.1
Accounts payable and accrued liabilities 219.8 995.1 333.3
Other noncurrent liabilities (0.1) 144.7 89.7
Net cash provided by operating activities 3,935.8 2,187.0 1,582.6
Cash Flows from Investing Activities      
Capital expenditures (1,247.3) (1,288.6) (1,170.6)
Purchases of available-for-sale securities - restricted (762.5) (433.6) (618.7)
Proceeds from sale of available-for-sale securities - restricted 743.0 410.1 607.2
Other 7.2 (10.2) (7.4)
Net cash used in investing activities (1,259.6) (1,322.3) (1,189.5)
Cash Flows from Financing Activities      
Repayments of Other Short-term Debt 1,761.2 726.6 1,542.5
Proceeds from Other Short-term Debt 1,980.5 726.6 1,521.1
Repayments of inventory financing arrangement (1,651.5) 0.0 0.0
Proceeds From Inventory Financing Arrangements 1,348.8 302.7 0.0
Payments of structured accounts payable arrangements (1,476.6) (1,028.4) (1,156.2)
Proceeds from structured accounts payable arrangements 1,460.5 1,122.7 1,037.4
Collections of transferred receivables 2,352.1 445.0 0.0
Payments of transferred receivables (2,433.2) (363.9) 0.0
Payments of long-term debt (610.3) (608.3) (66.9)
Repurchases of stock (1,665.2) (410.9) 0.0
Cash dividends paid (197.7) (103.7) (75.8)
Payments of Ordinary Dividends, Noncontrolling Interest (38.0) (31.3) (0.6)
Other 13.1 (6.0) (0.3)
Net cash used in financing activities (2,678.7) (682.1) (283.8)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (32.2) 191.9 62.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Period 786.3 594.4 532.3
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period 754.1 786.3 594.4
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (29.7) 9.3 (47.2)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 735.4 769.5 574.0
Restricted cash in other current assets 8.2 8.3 8.1
Restricted cash in other assets 10.5 8.5 12.3
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period $ 754.1 $ 786.3 $ 594.4