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OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]          
Net earnings $ 274 $ (84) $ 368 $ 53  
Adjustments to reconcile net earnings to net cash flows from operations:          
Depreciation and amortization     390 224  
Restructuring expense, net of cash paid     59 45  
Stock-based compensation expense     27 16  
Loss on sale 7 0 7 0  
Loss on debt extinguishment     (20) 0  
Asset impairments $ 0 $ 17 0 17  
Deferred income tax benefit     (99) (24)  
Unrealized loss on equity securities     276 9  
Gain on insurance recovery received for property damages     (2) (9)  
Other non-cash adjustments     (12) (8)  
Net earnings adjustments to reconcile to net cash flows from operations     1,034 323  
Retirement plan contributions     (12) (10)  
Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments:          
Receivables     (158) 362  
Inventories     (260) (40)  
Prepayments and other current assets     (21) (8)  
Accounts payable and accrued expenses     41 (284)  
Prepaid taxes and income taxes payable     30 (23)  
Other assets and liabilities     (32) 7  
Net cash provided by operating activities     622 327  
Cash paid during the period for:          
Interest     54 29  
Income taxes, net of refunds     185 $ 83  
Non-cash investing transactions:          
Period end accounts payable related to property, plant and equipment purchases     $ 95   $ 182