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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Operating activities:    
Net earnings $ 136 $ 83
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 158 142
Deferred income taxes 69 (30)
Income from affiliates (42) (42)
Dividends received from affiliates 37 40
Investment gains, net (25) (23)
Other, net 16 5
Changes in assets and liabilities:    
Receivables, net of allowance for credit losses (54) (59)
Inventories (132) 54
Other assets 1 (10)
Accounts payable (103) (77)
Other liabilities, exclusive of debt   (58)
Net cash from operating activities 61 25
Investing activities:    
Purchase of short-term investments (716) (712)
Proceeds from the sale of short-term investments 824 721
Proceeds from the maturity of short-term investments 2 11
Capital expenditures (260) (237)
Proceeds from the sale of property, plant and equipment 16 15
Proceeds from sale of non-consolidated affiliates 4 13
Purchase of long-term investments (70) (4)
Other, net (1) (13)
Net cash used in investing activities (201) (206)
Financing activities:    
Uncommitted lines of credit, net 203 111
Draws under committed lines of credit 780 736
Repayments of committed lines of credit (780) (630)
Principal payments of long-term debt (3) (5)
Finance lease payments (20) (28)
Repurchase of common stock (24)  
Dividends paid (4) (4)
Other, net (2) (1)
Net cash from financing activities 150 208
Effect of exchange rate changes on cash and cash equivalents 9 (4)
Net change in cash and cash equivalents 19 23
Cash and cash equivalents at beginning of year 98 56
Cash and cash equivalents at end of period $ 117 79
Affiliates    
Financing activities:    
Proceeds from payable to affiliate   $ 29