XML 15 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities:    
Net earnings (loss) $ (129) $ 115
Adjustments to reconcile net earnings (loss) to cash from operating activities:    
Depreciation and amortization 72 68
Deferred income taxes (47) 8
Loss from affiliates 21 34
Dividends received from affiliates 7 2
Other investment loss (income), net 97 (150)
Other, net 22 6
Changes in assets and liabilities:    
Receivables, net of allowance 86 (3)
Inventories 22 (54)
Other assets 5 32
Other liabilities, exclusive of debt (156) (19)
Net cash from operating activities   39
Cash flows from investing activities:    
Purchase of short-term investments (311) (733)
Proceeds from the sale of short-term investments 464 617
Proceeds from the maturity of short-term investments 20 164
Capital expenditures (108) (156)
Investments in and advances to affiliates, net (5) (11)
Purchase of long-term investments (38) (9)
Other, net 1 2
Net cash from investing activities 23 (126)
Cash flows from financing activities:    
Lines of credit, net (22) 13
Proceeds from long-term debt 7 31
Principal payments of long-term debt (31) (20)
Repurchase of common stock (13) (14)
Dividends paid (5) (5)
Other, net (4) (2)
Net cash from financing activities (68) 3
Effect of exchange rate changes on cash and cash equivalents (1) 0
Net change in cash and cash equivalents (46) (84)
Cash and cash equivalents at beginning of year 125 194
Cash and cash equivalents at end of period $ 79 $ 110