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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net earnings $ 2,083 $ 3,553 $ 1,020
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 314 306 271
Amortization of intangible assets 464 417 371
Share-based compensation 127 119 113
Recall charges 192 23 173
Sale of inventory stepped up to fair value at acquisition 67 16 22
Deferred income tax (benefit) expense 126 (1,582) 36
Changes in operating assets and liabilities:      
Accounts receivable (563) (60) (162)
Inventories (400) (385) (320)
Accounts payable 63 116 21
Accrued expenses and other liabilities 113 289 90
Recall-related payments (177) (90) (526)
Income taxes (105) (156) 704
Other, net (113) 44 (254)
Net cash provided by operating activities 2,191 2,610 1,559
Investing activities      
Acquisitions, net of cash acquired (802) (2,451) (831)
Purchases of marketable securities (74) (226) (270)
Proceeds from sales of marketable securities 69 394 87
Purchases of property, plant and equipment (649) (572) (598)
Other investing, net 1 (2) (1)
Net cash used in investing activities (1,455) (2,857) (1,613)
Financing activities      
Proceeds and payments on short-term borrowings, net (7) (1) (200)
Proceeds from issuance of long-term debt 2,642 3,126 499
Payments on long-term debt (1,342) (669) 0
Dividends paid (778) (703) (636)
Repurchases of common stock (307) (300) (230)
Cash paid for taxes from withheld shares (136) (120) (95)
Payments to purchase noncontrolling interest 0 (14) (99)
Other financing, net (69) 10 (33)
Net cash provided by (used in) financing activities 3 1,329 (794)
Effect of exchange rate changes on cash and cash equivalents (18) (8) 74
Change in cash and cash equivalents 721 1,074 (774)
Cash and cash equivalents at beginning of year 3,616 2,542 3,316
Cash and cash equivalents at end of year 4,337 3,616 2,542
Supplemental cash flow disclosure:      
Cash paid for income taxes, net of refunds 457 539 312
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 286 $ 248 $ 231