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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net earnings $ 115 $ 39
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 68 67
Deferred income taxes 8 3
Loss from affiliates 34 22
Dividends received from affiliates 2 3
Other investment loss (income), net (150) 25
Other, net 6 2
Changes in assets and liabilities, net of acquisitions:    
Receivables, net of allowance (3) (10)
Inventories (54) (89)
Other assets 32 51
Current liabilities, exclusive of debt (19) (49)
Net cash from operating activities 39 64
Cash flows from investing activities:    
Purchase of short-term investments (733) (336)
Proceeds from the sale of short-term investments 617 615
Proceeds from the maturity of short-term investments 164 21
Capital expenditures (156) (58)
Cash paid for acquisition of businesses   (270)
Investments in and advances to affiliates, net (11) (17)
Issuance of notes receivable (6)  
Principal payments received on notes receivable from affiliates   4
Purchase of long-term investments (9) (8)
Other, net 8 3
Net cash from investing activities (126) (46)
Cash flows from financing activities:    
Notes payable to banks, net 13 (8)
Proceeds from long-term debt 31  
Principal payments of long-term debt (20) (43)
Repurchase of common stock (14)  
Dividends paid (5) (4)
Other, net (2)  
Net cash from financing activities 3 (55)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents (84) (37)
Cash and cash equivalents at beginning of year 194 116
Cash and cash equivalents at end of period $ 110 $ 79