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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net earnings $ 633 $ 584
Adjustments to reconcile net earnings to cash used in operating activities:    
Depreciation and amortization 496 397
Curtailment gain (63) 0
Changes in assets and liabilities:    
Accounts receivable (405) (302)
Inventories (397) (399)
Accounts payable (288) 44
Accrued advertising and promotions (34) (18)
Accrued expenses and current liabilities (26) (161)
Taxes deferred and payable, net (44) 40
Accrued pension and postretirement benefits (109) (165)
Employee compensation (31) (55)
Other 111 (93)
Cash used in operating activities (157) (128)
Investing activities    
Capital expenditures (391) (422)
Proceeds from sale of assets and business 35 18
Change in restricted cash 21 0
Acquisition of Indesit Company S.p.A. 0 (75)
Acquisition of Hefei Rongshida Sanyo Electric Co., Ltd. 0 (250)
Investment in related businesses (72) (16)
Other 0 (3)
Cash used in investing activities (407) (748)
Financing activities    
Proceeds from borrowings of long-term debt 531 818
Repayments of long-term debt (278) (606)
Dividends paid (200) (165)
Net proceeds from short-term borrowings 307 476
Common stock issued 36 31
Repurchase of common stock (95) (25)
Purchase of noncontrolling interest shares 0 (5)
Other (5) (13)
Cash provided by financing activities 296 511
Effect of exchange rate changes on cash and equivalents (60) (28)
Decrease in cash and cash equivalents (328) (393)
Cash and equivalents at beginning of period 1,026 1,380
Cash and equivalents at end of period $ 698 $ 987