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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Cash flows from operating activities - continuing operations:    
Net earnings $ 730 $ 708
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation of property, plant and equipment 139 136
Amortization of intangible and finance lease right-of-use assets 74 79
Equity-based compensation expense 96 40
Deferred income tax benefit (106) (19)
(Increase) decrease in assets, net of effects of business acquisitions:    
Accounts receivable 26 (30)
Unbilled receivables 617 52
Inventories (234) 57
Increase (decrease) in liabilities, net of effects of business acquisitions:    
Accounts payable 23 (216)
Customer advances and deposits 675 (544)
Other, net (72) (260)
Net cash provided by operating activities 1,968 3
Cash flows from investing activities:    
Capital expenditures (141) (134)
Other, net (6) 3
Net cash used by investing activities (147) (131)
Cash flows from financing activities:    
Dividends paid (330) (315)
Purchases of common stock (294) (759)
Other, net 107 201
Net cash used by financing activities (517) (873)
Net cash used by discontinued operations 0 (12)
Net increase (decrease) in cash and equivalents 1,304 (1,013)
Cash and equivalents at beginning of period 1,603 2,824
Cash and equivalents at end of period 2,907 1,811
Supplemental cash flow information:    
Income tax payments, net (15) (33)
Interest payments $ (93) $ (107)