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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net earnings $ 1,583 $ 511
Adjustments to reconcile net earnings to net cash flow provided by operating activities:    
Depreciation and amortization 53 56
Deferred tax (benefit) provision (629) 79
Stock-based compensation 39 44
Equity in loss of investee companies, net of tax and distributions 17 14
Gain on sale of assets (549) 0
Change in assets and liabilities, net of investing and financing activities (76) 13
Net cash flow provided by operating activities 438 717
Investing Activities:    
Investments in and advances to investee companies (42) (40)
Capital expenditures (27) (30)
Acquisitions, net of cash acquired (39) 0
Proceeds from dispositions 741 0
Other investing activities 2 3
Net cash flow provided by (used for) investing activities from continuing operations 635 (67)
Net cash flow used for investing activities from discontinued operations 0 (23)
Net cash flow provided by (used for) investing activities 635 (90)
Financing Activities:    
Repayments of short-term debt borrowings, net (674) (462)
Proceeds from issuance of senior notes 493 0
Repayment of senior notes (600) 0
Payment of capital lease obligations (3) (4)
Payment of contingent consideration 0 (5)
Dividends (70) (71)
Purchase of Company common stock (14) (186)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation (37) (52)
Proceeds from exercise of stock options 11 16
Other financing activities 0 (1)
Net cash flow provided by (used for) financing activities (894) (765)
Net increase (decrease) in cash, cash equivalents and restricted cash 179 (138)
Cash, cash equivalents and restricted cash at beginning of period (includes $120 (2019) and $0 (2018) of restricted cash) 442 285
Cash, cash equivalents and restricted cash at end of period (includes $121 (2019) and $0 (2018) of restricted cash) 621 147
Supplemental disclosure of cash flow information    
Cash paid for interest 178 182
Cash paid for income taxes $ 34 $ 29