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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Cash flows from operating activities:    
Net earnings $ 162 $ 358
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 214 163
Deferred income taxes (87) (103)
Income from affiliates (74) (94)
Dividends received from affiliates 88 23
Other investment loss (income), net (43) 291
Payment of contingent consideration liability in excess of acquisition date fair value (16)  
Other, net 18 26
Changes in assets and liabilities, net of acquisition and dispositions:    
Receivables, net of allowance for credit losses 200 (144)
Inventories 158 (160)
Other assets 8 (30)
Accounts payable (63) 13
Other liabilities, exclusive of debt 16 34
Net cash from operating activities 581 377
Cash flows from investing activities:    
Purchase of short-term investments (1,712) (447)
Proceeds from sale of short-term investments 1,671 604
Proceeds from maturity of short-term investments 59 15
Capital expenditures (344) (367)
Proceeds from the sale of property, plant and equipment 28 22
Acquisition of business   (58)
Investments in and advances to affiliates, net (11) (3)
Purchase of long-term investments (11) (113)
Proceeds from the sale of subsidiaries, net of cash sold   15
Proceeds from sale of non-consolidated affiliates   13
Other, net (2) (6)
Net cash from investing activities (322) (325)
Cash flows from financing activities:    
Uncommitted lines of credit, net (155) (5)
Draws under committed lines of credit 819 1,076
Repayments of committed lines of credit (950) (1,090)
Principal payments of long-term debt (6) (7)
Finance lease payments (43) (28)
Payment of contingent consideration (14)  
Dividends paid (7) (7)
Other, net   1
Net cash from financing activities (356) (60)
Effect of exchange rate changes on cash and cash equivalents (2) 3
Net change in cash and cash equivalents (99) (5)
Cash and cash equivalents at beginning of year 199 75
Cash and cash equivalents at end of period $ 100 $ 70