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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Cash flows from operating activities:    
Net earnings $ 84 $ 55
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 27 23
Deferred income taxes 10  
Income from affiliates (1) (22)
Dividends received from affiliates 12 1
Other investment loss (income), net (37) (5)
Other, net (2) (1)
Changes in assets and liabilities, net of acquisition:    
Receivables, net of allowance 29 41
Inventories (78) 48
Other current assets (2) 9
Current liabilities, exclusive of debt (53) (38)
Other, net 5 6
Net cash from operating activities (6) 117
Cash flows from investing activities:    
Purchase of short-term investments (191) (171)
Proceeds from the sale of short-term investments 198 247
Proceeds from the maturity of short-term investments 25 5
Capital expenditures (36) (63)
Proceeds from the sale of fixed assets 1 44
Acquisition of business (14) (148)
Investments in and advances to affiliates, net (25) (24)
Notes receivable issued to affiliates (1) (12)
Purchase of long-term investments (2) (9)
Net cash from investing activities (45) (131)
Cash flows from financing activities:    
Notes payable to banks, net 21 18
Proceeds from long-term debt 5  
Principal payments of long-term debt (5)  
Dividends paid (2)  
Net cash from financing activities 19 18
Effect of exchange rate change on cash and cash equivalents (2) (1)
Net change in cash and cash equivalents (34) 3
Cash and cash equivalents at beginning of year 77 50
Cash and cash equivalents at end of period $ 43 $ 53