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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net earnings $ 1,995 $ 2,556
Less: earnings from discontinued operations, net of income taxes 0 (396)
Net earnings from continuing operations 1,995 2,160
Noncash items:    
Depreciation 357 331
Amortization of intangible assets 809 744
Amortization of acquisition-related inventory fair value step-up 25 0
Stock-based compensation expense 147 166
Investment (gains) losses 96 (5)
Change in trade accounts receivable, net 590 749
Change in inventories (152) (144)
Change in trade accounts payable (104) (310)
Change in prepaid expenses and other assets 215 388
Change in accrued expenses and other liabilities (822) (627)
Total operating cash provided by continuing operations 3,156 3,452
Total operating cash provided by discontinued operations 0 421
Net cash provided by operating activities 3,156 3,873
Cash flows from investing activities:    
Cash paid for acquisitions (12) 0
Payments for additions to property, plant and equipment (578) (595)
Proceeds from sales of property, plant and equipment 1 2
Payments for purchases of investments (127) (144)
Proceeds from sales of investments 9 4
All other investing activities 26 17
Total cash used in investing activities (681) (716)
Total investing cash used in discontinued operations 0 (19)
Total cash used in investing activities (681) (735)
Cash flows from financing activities:    
Proceeds from (payments for) the issuance of common stock in connection with stock-based compensation, net 76 (4)
Payment of dividends (377) (422)
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 15 (7)
Net repayments of borrowings (maturities longer than 90 days) (974) 0
Payments for repurchase of common stock (4,530) 0
All other financing activities (58) (37)
Total cash used in financing activities (5,848) (470)
Effect of exchange rate changes on cash and equivalents (117) (88)
Net change in cash and equivalents (3,490) 2,580
Beginning balance of cash and equivalents 5,864 5,995
Ending balance of cash and equivalents 2,374 8,575
Supplemental disclosures:    
Cash interest payments 176 185
Cash income tax payments $ 618 $ 694