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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net earnings $ 573 $ 508
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 292 291
Early debt extinguishment costs 0 9
Gain on sale of equity investment 0 (17)
Provision for deferred income taxes 36 47
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (166) (151)
(Increase) decrease in inventories (108) 41
Increase (decrease) in trade payables (28) (76)
Pension and other postretirement contributions (in excess of) less than expenses (56) (51)
Variable compensation (in excess of) less than expenses (34) (67)
Other items, net (26) 11
Net cash provided by operating activities 483 545
Investing activities    
Additions to properties and equipment (279) (234)
Proceeds from sale of assets 1 41
Acquisitions, net of cash acquired (4) (22)
Other items, net (1) 3
Net cash used in investing activities (283) (212)
Financing activities    
Net increase (decrease) in commercial paper and other borrowings (95) (208)
Proceeds from borrowings 500 807
Repayment of borrowings (250) (807)
Dividends paid to stockholders (149) (136)
Treasury stock purchases (175) (45)
Dividends paid to noncontrolling interest (1) (4)
Proceeds from stock option exercises and other items, net 12 8
Net cash used in financing activities (158) (385)
Effect of exchange rate changes on cash and cash equivalents (1) (1)
Net change in cash and cash equivalents 41 (53)
Cash and cash equivalents at beginning of period 181 293
Cash and cash equivalents at end of period $ 222 $ 240