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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net earnings $ 908 $ 896 $ 796
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 509 498 477
Mark-to-market pension and other postretirement benefit plans (gain) loss, net (54) 53 19
Asset impairment charges 5 0 0
(Gain) loss on sale of assets 0 (15) 15
(Gain) loss on divested businesses 0 323 (43)
Benefit from deferred income taxes (52) (102) (136)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:      
(Increase) decrease in trade receivables 28 126 93
(Increase) decrease in inventories (344) 201 (430)
Increase (decrease) in trade payables 188 (190) 60
Pension and other postretirement contributions (in excess of) less than expenses (51) (66) (149)
Variable compensation payments (in excess of) less than expenses 99 142 (103)
Other items, net 51 154 290
Net cash provided by operating activities 1,287 1,374 975
Investing activities      
Additions to properties and equipment (599) (828) (611)
Government incentives 9 0 0
Proceeds from sale of businesses 38 456 998
Acquisitions, net of cash acquired 0 (77) (1)
Other items, net 18 17 6
Net cash (used in) provided by investing activities (534) (432) 392
Financing activities      
Net increase (decrease) in commercial paper and other borrowings 0 (326) 326
Proceeds from borrowings 1,237 796 500
Repayment of borrowings (1,039) (808) (750)
Dividends paid to stockholders (379) (376) (381)
Treasury stock purchases (300) (150) (1,002)
Other items, net 27 (24) (14)
Net cash used in financing activities (454) (888) (1,321)
Effect of exchange rate changes on cash and cash equivalents (10) 1 (12)
Net change in cash and cash equivalents 289 55 34
Cash and cash equivalents at beginning of period 548 493 459
Cash and cash equivalents at end of period $ 837 $ 548 $ 493