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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES:      
Cash provided by operations $ 632 $ 662  
Increase in receivables (243) (296)  
Decrease (increase) in inventories 95 (159)  
Decrease in accounts payable and accrued liabilities, net (36) (33)  
Net cash from operating activities 448 174  
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:      
Purchase of Company common stock (81) (914)  
Cash dividends paid (129) (131)  
Dividends paid to noncontrolling interest (49) 0  
Proceeds from short-term borrowings 77 0  
Proceeds from term loan 0 500  
Payment of term loan (200) 0  
Proceeds from the exercise of stock options 23 1  
Employee withholding taxes paid on stock-based compensation (23) (17)  
Decrease in debt, net (4) (7)  
Net cash for financing activities (386) (568)  
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:      
Capital expenditures (133) (70)  
Other, net (4) (4)  
Net cash for investing activities (137) (74)  
Effect of exchange rate changes on cash and cash investments 3 (18)  
CASH AND CASH INVESTMENTS:      
Decrease for the period (72) (486)  
At January 1 452 926 $ 926
At June 30 $ 380 $ 440 $ 452