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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net earnings $ 165 $ 134
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 127 141
Benefit from deferred income taxes (17) (7)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (105) (91)
(Increase) decrease in inventories (100) (44)
Increase (decrease) in trade payables 49 (132)
Pension and other postretirement contributions (in excess of) less than expenses (19) (19)
Variable compensation payments (in excess of) less than expenses (78) (16)
Other items, net (38) 32
Net cash used in operating activities (16) (2)
Investing activities    
Additions to properties and equipment (185) (174)
Proceeds from sale of businesses 0 16
Acquisition, net of cash acquired 0 (73)
Additions to capitalized software (1) (2)
Other items, net 7 (19)
Net cash used in investing activities (179) (252)
Financing activities    
Net decrease in commercial paper and other borrowings 0 (326)
Proceeds from borrowings 742 796
Repayment of borrowings (498) 0
Dividends paid to stockholders (95) (94)
Other items, net (1) (19)
Net cash provided by financing activities 148 357
Effect of exchange rate changes on cash and cash equivalents (2) 3
Net change in cash and cash equivalents (49) 106
Cash and cash equivalents at beginning of period 548 493
Cash and cash equivalents at end of period $ 499 $ 599