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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Cash flows from operating activities:    
Net earnings $ 358 $ 449
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 163 131
Deferred income taxes (103) (30)
Income from affiliates (94)  
Dividends received from affiliates 23 30
Other investment loss (income), net 291 (108)
Other, net 26 17
Changes in assets and liabilities, net of dispositions:    
Receivables, net of allowance for credit losses (144) (123)
Inventories (160) (343)
Other assets (30) (17)
Accounts payable 13 96
Other liabilities, exclusive of debt 34 (6)
Net cash from operating activities 377 96
Cash flows from investing activities:    
Purchase of short-term investments (447) (1,777)
Proceeds from the sale of short-term investments 604 1,818
Proceeds from the maturity of short-term investments 15 25
Capital expenditures (367) (324)
Proceeds from the sale of property, plant and equipment 22 30
Acquisition of business (58) (7)
Principal payments received on notes receivable 4 21
Purchase of long-term investments (113) (77)
Proceeds from the sale of subsidiaries, net of cash sold 15  
Proceeds from the sale of non-consolidated affiliates 13  
Other, net (13) 10
Net cash from investing activities (325) (281)
Cash flows from financing activities:    
Uncommitted lines of credit, net (5) 142
Draws under committed lines of credit 1,076 443
Repayments of committed lines of credit (1,090) (342)
Principal payments of long-term debt (7) (53)
Payments on finance leases (28) (9)
Dividends paid (7) (7)
Other, net 1 (1)
Net cash from financing activities (60) 173
Effect of exchange rate changes on cash and cash equivalents 3 (2)
Net change in cash and cash equivalents (5) (14)
Cash and cash equivalents at beginning of year 75 76
Cash and cash equivalents at end of period $ 70 $ 62