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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net earnings $ 498 $ 383
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 332 331
Curtailment gain 0 (47)
Changes in assets and liabilities:    
Accounts receivable (248) (94)
Inventories (528) (458)
Accounts payable (98) (327)
Accrued advertising and promotions (112) (149)
Accrued expenses and current liabilities (9) (32)
Taxes deferred and payable, net (132) (8)
Accrued pension and postretirement benefits (32) (28)
Employee compensation (48) (73)
Other (27) 105
Cash used in operating activities (404) (397)
Investing activities    
Capital expenditures (206) (268)
Proceeds from sale of assets and business 51 34
Change in restricted cash 12 12
Investment in related businesses (8) (21)
Other (1) 0
Cash used in investing activities (152) (243)
Financing activities    
Proceeds from borrowings of long-term debt 491 523
Repayments of long-term debt (257) (271)
Net proceeds from short-term borrowings 968 237
Dividends paid (145) (130)
Repurchase of common stock (325) (50)
Common stock issued 10 36
Other 0 (3)
Cash provided by financing activities 742 342
Effect of exchange rate changes on cash and cash equivalents 1 (37)
Increase (decrease) in cash and cash equivalents 187 (335)
Cash and cash equivalents at beginning of period 772 1,026
Cash and cash equivalents at end of period $ 959 $ 691