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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Operating    
Net earnings $ 848 $ 540
Adjustments to reconcile Net earnings to Net cash provided by operating activities:    
Depreciation and amortization 325 300
Non-cash other income (6) (28)
Share-based compensation expenses 94 100
Loss on sales of investments and businesses, net 0 1
Loss from the extinguishment of long-term debt 18 56
Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:    
Accounts receivable 189 312
Inventories (99) 2
Other current assets and contract assets (136) (1)
Accounts payable, accrued liabilities, and contract liabilities (39) (379)
Other assets and liabilities (62) (18)
Deferred income taxes 2 24
Net cash provided by operating activities 1,134 909
Investing    
Acquisitions and investments, net (360) (282)
Proceeds from sales of investments and businesses, net 4 8
Capital expenditures (175) (151)
Proceeds from sales of property, plant and equipment 6 56
Net cash used for investing activities (525) (369)
Financing    
Net proceeds from issuance of debt 844 892
Repayments of debt (351) (911)
Proceeds from revolving credit facility draw 0 800
Repayment of revolving credit facility draw 0 (600)
Revolving credit facility renewal fees (7) 0
Issuances of common stock 99 59
Purchases of common stock (397) (441)
Payments of dividends (362) (327)
Payments of dividends to non-controlling interests (5) (4)
Net cash used for financing activities (179) (532)
Effect of exchange rate changes on total cash and cash equivalents (31) (2)
Net increase in total cash and cash equivalents 399 6
Cash and cash equivalents, beginning of period 1,254 1,001
Cash and cash equivalents, end of period 1,653 1,007
Cash paid during the period for:    
Interest paid 155 178
Income and withholding taxes, net of refunds 230 90
Long-term Debt, Excluding Convertible Debt    
Adjustments to reconcile Net earnings to Net cash provided by operating activities:    
Loss from the extinguishment of long-term debt $ 18 $ 56