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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
[1]
OPERATING ACTIVITIES    
Net Earnings $ 770 $ 834
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:    
Depreciation 344 330
Deferred Income Taxes 28 51
Gain on Property Dispositions (18) (27)
Other Operating Activities 0 (33)
Changes in Operating Assets and Liabilities:    
Accounts Receivable (27) (56)
Other Current Assets (20) 22
Accounts Payable 14 74
Income and Other Taxes Payable 227 150
Other Current Liabilities (140) (172)
Net Cash Provided by Operating Activities 1,178 1,173
INVESTING ACTIVITIES    
Property Additions (381) (353)
Proceeds from Property Dispositions 35 48
Purchases of Short-term Investments (426) (813)
Proceeds from Sales of Short-term Investments 936 250
Other Investing Activities (20) (2)
Net Cash Provided by (Used In) Investing Activities 144 (870)
FINANCING ACTIVITIES    
Long-term Debt Issued (Note 7) 500 1,000
Dividends Paid (201) (195)
Shares Repurchased (577) (796)
Other Financing Activities (7) 18
Net Cash (Used in) Provided by Financing Activities (285) 27
Net Increase in Cash and Cash Equivalents 1,037 330
CASH AND CASH EQUIVALENTS    
Cash and Cash Equivalents at Beginning of Period 958 858
Cash and Cash Equivalents at End of Period $ 1,995 $ 1,188
[1]
Certain prior year data has been reclassified to conform to the current presentation.