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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net earnings $ 370 $ 577
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 382 380
Asset impairment charges 0 5
Provision for (benefit from) deferred income taxes 39 (76)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (131) (154)
(Increase) decrease in inventories 73 (222)
Increase (decrease) in trade payables (275) 36
Pension and other postretirement contributions (in excess of) less than expenses (28) (39)
Variable compensation payments (in excess of) less than expenses (60) 44
Other items, net 98 196
Net cash provided by operating activities 468 747
Investing activities    
Additions to properties and equipment (434) (420)
Sales 14 0
Other items, net 5 18
Net cash used in investing activities (415) (402)
Financing activities    
Net increase in commercial paper and other borrowings 290 0
Proceeds from borrowings 246 1,237
Repayment of borrowings (550) (1,039)
Dividends paid to stockholders (287) (285)
Treasury stock purchases (100) (200)
Other items, net (14) 14
Net cash used in financing activities (415) (273)
Effect of exchange rate changes on cash and cash equivalents 14 2
Net change in cash and cash equivalents (348) 74
Cash and cash equivalents at beginning of period 837 548
Cash and cash equivalents at end of period $ 489 $ 622