XML 18 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net earnings $ 636 $ 573
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 300 292
Gain from property insurance (65) 0
Provision for deferred income taxes 5 36
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (213) (166)
(Increase) decrease in inventories (158) (108)
Increase (decrease) in trade payables (10) (28)
Pension and other postretirement contributions (in excess of) less than expenses (78) (56)
Variable compensation (in excess of) less than expenses (24) (34)
Other items, net 15 (26)
Net cash provided by operating activities 408 483
Investing activities    
Additions to properties and equipment (244) (279)
Proceeds from property insurance 65 0
Proceeds from sale of assets 0 1
Acquisitions, net of cash acquired 0 (4)
Other items, net 0 (1)
Net cash used in investing activities (179) (283)
Financing activities    
Net increase (decrease) in commercial paper and other borrowings 268 (95)
Proceeds from borrowings 350 500
Repayment of borrowings (428) (250)
Dividends paid to stockholders (160) (149)
Treasury stock purchases (250) (175)
Dividends paid to noncontrolling interest (2) (1)
Other items, net (1) 12
Net cash used in financing activities (223) (158)
Effect of exchange rate changes on cash and cash equivalents (4) (1)
Net change in cash and cash equivalents 2 41
Cash and cash equivalents at beginning of period 191 181
Cash and cash equivalents at end of period $ 193 $ 222