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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Cash flows from operating activities:    
Net earnings $ 143 $ 135
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 56 49
Deferred income taxes 17  
Loss (income) from affiliates 7 (33)
Dividends received from affiliates 19 8
Other investment income, net (65) (13)
Other, net (8) 11
Changes in assets and liabilities, net of acquisition:    
Receivables, net of allowance 28 81
Inventories 41 94
Other current assets (11) (8)
Current liabilities, exclusive of debt (57) (83)
Other, net 7 5
Net cash from operating activities 177 246
Cash flows from investing activities:    
Purchase of short-term investments (347) (299)
Proceeds from the sale of short-term investments 270 422
Proceeds from the maturity of short-term investments 36 10
Capital expenditures (78) (96)
Proceeds from the sale of fixed assets 2 45
Acquisition of businesses (14) (148)
Investments in and advances to affiliates, net (64) (37)
Notes receivable issued to affiliates (1) (12)
Principal payments received on notes receivable from affiliates 3 6
Purchase of long-term investments (6) (13)
Other, net (2) 8
Net cash from investing activities (201) (114)
Cash flows from financing activities:    
Notes payable to banks, net 23 (31)
Proceeds from long-term debt 5  
Principal payments of long-term debt (9)  
Dividends paid (4)  
Net cash from financing activities 15 (31)
Effect of exchange rate change on cash and cash equivalents 2  
Net change in cash and cash equivalents (7) 101
Cash and cash equivalents at beginning of year 77 50
Cash and cash equivalents at end of period $ 70 $ 151