XML 16 R6.htm IDEA: XBRL DOCUMENT

OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION

3 Months Ended

Mar. 31, 2021


	Three Months Ended March 31,
(in millions)	2021		2020
OPERATING
Net earnings	$	94	$	137
Adjustments to reconcile net earnings to net cash flows from operations:
Non-cash charges (credits) to operations:
Depreciation and amortization	195		112
Stock-based compensation expense	12		10

Restructuring expense, net of cash paid	18		2
Deferred income tax benefit	(64)		(5)

Unrealized loss on equity securities	272		9

Other non-cash adjustments	(16)		(4)
Net earnings adjusted for non-cash charges to operations	511		261
Retirement plan contributions	(7)		(5)
Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments:
Receivables	(290)		152
Inventories	(104)		(58)
Prepayments and other current assets	—		(8)
Accounts payable and accrued expenses	172		(96)
Prepaid taxes and income taxes payable	18		8
Other assets and liabilities	42		9
Net cash provided by operating activities	$	342	$	263

SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid during the period for:
Interest	$	25	$	29
Income taxes, net of refunds	$	75	$	43
Non-cash investing transactions
Period end accounts payable related to property, plant and equipment purchases	$	107	$	55