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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES    
Net earnings $ 3,942 $ 3,500
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 488 407
Deferred income tax (benefit) provision (45) 70
Cash effects of changes in:    
Receivables, net (65) (14)
Inventories (526) 1,664
Accounts payable (128) 136
Accrued liabilities and other current assets 2,023 (1,120)
Income taxes (360) (460)
Pension plan contributions (41) (29)
Other 85 (83)
Net cash provided by operating activities 5,373 4,071
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES    
Capital expenditures (774) (560)
Investments in unconsolidated subsidiaries and equity securities (30) (19)
Net investment hedges 77 (677)
Other 44 12
Net cash used in investing activities (683) (1,244)
Short-term borrowing activity by original maturity:    
Net issuances - maturities of 90 days or less 119 266
Long-term debt proceeds 0 2,482
Long-term debt repaid (2,483) (815)
Dividends paid (3,332) (3,236)
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (85) 3
Other (234) (291)
Net cash used in financing activities (6,015) (1,591)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (529) 720
Cash, cash equivalents and restricted cash:    
Increase (Decrease) [1] (1,854) 1,956
Balance at beginning of period [1] 8,476 4,331
Balance at end of period [1] $ 6,622 $ 6,287
[1] Following the adoption of Financial Accounting Standards Update ASU 2016-18, "Statement of Cash Flows: Restricted Cash," the amounts for cash and cash equivalents shown above include restricted cash of $35 million and $90 million as of June 30, 2018 and 2017, respectively, and $29 million and $92 million as of December 31, 2017, and 2016, respectively, which were included in other current assets in the condensed consolidated balance sheets.