XML 22 R5.htm IDEA: XBRL DOCUMENT v3.21.2
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities    
Net earnings $ 133 $ 290
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 289 280
Asset impairment charges 5 145
Loss on business held for sale 495 0
Provision for (benefit from) deferred income taxes (28) (20)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (361) 73
(Increase) decrease in inventories (214) 221
Increase (decrease) in trade payables 306 (343)
Pension and other postretirement contributions (in excess of) less than expenses (97) (83)
Variable compensation (in excess of) less than expenses 8 (30)
Other items, net 106 74
Net cash provided by operating activities 642 607
Investing activities    
Additions to properties and equipment (198) (196)
Acquisitions, net of cash acquired (63) 0
Additions to capitalized software (12) (4)
Other items, net (4) (1)
Net cash used in investing activities (277) (201)
Financing activities    
Net increase (decrease) in commercial paper and other borrowings (25) 97
Proceeds from borrowings 0 249
Dividends paid to stockholders (188) (179)
Treasury stock purchases (140) (60)
Proceeds from stock option exercises and other items, net 38 (13)
Net cash (used in) provided by financing activities (315) 94
Effect of exchange rate changes on cash and cash equivalents (5) 0
Net change in cash and cash equivalents 45 500
Cash and cash equivalents at beginning of period 564 204
Cash and cash equivalents at end of period $ 609 $ 704