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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Cash flows from operating activities - continuing operations:    
Net earnings $ 2,464 $ 2,436
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation of property, plant and equipment 352 315
Amortization of intangible and finance lease right-of-use assets 273 227
Equity-based compensation expense 103 110
Deferred income tax benefit (72) (66)
Discontinued operations, net of tax 0 13
(Increase) decrease in assets, net of effects of business acquisitions:    
Accounts receivable 253 472
Unbilled receivables (1,603) (1,625)
Inventories (646) (854)
Increase (decrease) in liabilities, net of effects of business acquisitions:    
Accounts payable (164) (324)
Customer advances and deposits (565) 112
Other, net 192 265
Net cash provided by operating activities [1] 587 1,081
Cash flows from investing activities:    
Capital expenditures (606) (447)
Business acquisitions, net of cash acquired (19) (10,039)
Other, net 21 169
Net cash used by investing activities (604) (10,317)
Cash flows from financing activities:    
Proceeds from commercial paper, net 947 1,668
Dividends paid (858) (801)
Purchases of common stock (231) (533)
Proceeds from notes 0 6,461
Repayment of CSRA accounts receivable purchase agreement 0 (450)
Other, net 207 (68)
Net cash provided by financing activities 65 7,277
Net cash used by discontinued operations (37) (14)
Net increase (decrease) in cash and equivalents 11 (1,973)
Cash and equivalents at beginning of period 963 2,983
Cash and equivalents at end of period 974 1,010
Supplemental cash flow information:    
Income tax payments, net 487 305
Interest payments 271 144
Floating-rate notes    
Cash flows from financing activities:    
Proceeds from notes $ 0 $ 1,000
[1] * Continuing operations only