XML 23 R5.htm IDEA: XBRL DOCUMENT v3.21.1
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net earnings $ 277 $ 260
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 149 139
Asset impairment charges 0 9
Provision for (benefit from) deferred income taxes 2 12
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (211) (72)
(Increase) decrease in inventories (144) (18)
Increase (decrease) in trade payables 197 (104)
Pension and other postretirement contributions (in excess of) less than expenses (53) (52)
Variable compensation (in excess of) less than expenses (78) (74)
Other items, net 77 71
Net cash provided by operating activities 216 171
Investing activities    
Additions to properties and equipment (91) (99)
Additions to capitalized software (6) (2)
Other items, net (2) 0
Net cash used in investing activities (99) (101)
Financing activities    
Net increase (decrease) in commercial paper and other borrowings (25) 539
Dividends paid to stockholders (94) (90)
Treasury stock purchases (40) (30)
Other items, net 22 (11)
Net cash (used in) provided by financing activities (137) 408
Effect of exchange rate changes on cash and cash equivalents (4) (2)
Net change in cash and cash equivalents (24) 476
Cash and cash equivalents at beginning of period 564 204
Cash and cash equivalents at end of period $ 540 $ 680