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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net earnings $ 2,342 $ 1,399
Adjustments to reconcile net earnings to net cash flow provided by operating activities from continuing operations:    
Depreciation and amortization 158 168
Deferred tax benefit (582) (51)
Stock-based compensation 117 105
Equity in loss of investee companies, net of tax and distributions 53 52
Gain on sale of assets (549) 0
Change in assets and liabilities, net of investing and financing activities (1,198) (494)
Net cash flow provided by operating activities from continuing operations 341 1,179
Net cash flow provided by operating activities from discontinued operations 0 1
Net cash flow provided by operating activities 341 1,180
Investing Activities:    
Investments in and advances to investee companies (72) (76)
Capital expenditures (94) (99)
Acquisitions, net of cash acquired (39) (29)
Proceeds from dispositions 740 0
Proceeds from sale of investments 15 0
Other investing activities 3 8
Net cash flow provided by (used for) investing activities from continuing operations 553 (196)
Net cash flow used for investing activities from discontinued operations 0 (23)
Net cash flow provided by (used for) investing activities 553 (219)
Financing Activities:    
Repayments of short-term debt borrowings, net (624) (305)
Proceeds from issuance of senior notes 492 0
Repayment of senior notes (600) 0
Payment of finance lease obligations (9) (12)
Payment of contingent consideration (3) (5)
Dividends (205) (208)
Purchase of Company common stock (14) (497)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation (43) (59)
Acquisition of noncontrolling interest (26) 0
Proceeds from exercise of stock options 14 23
Other financing activities 0 (1)
Net cash flow provided by (used for) financing activities (1,018) (1,064)
Net decrease in cash, cash equivalents and restricted cash (124) (103)
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 $122 (2019) and $0 (2018) of restricted cash) 318 182
Supplemental disclosure of cash flow information    
Cash paid for interest 385 406
Cash paid (refunded) for income taxes 333 (19)
Discontinued Operations [Member]    
Supplemental disclosure of cash flow information    
Cash paid (refunded) for income taxes $ 0 $ (3)