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OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]      
Net earnings $ 567 $ 797 $ 985
Non-cash charges (credits) to operations:      
Depreciation and amortization 568 439 431
Restructuring expense, net of cash paid 135 30 33
Stock-based compensation expense 41 42 53
Asset impairment and loss on divestiture 17 7 26
Pension settlement loss 4 27 0
Unrealized gain on equity securities (382) 0 0
Deferred income tax provision 123 186 (57)
Net gain on insurance recovery for property damage (9) 0 0
Tax reform adjustments to provision for income taxes 0 16 (13)
Pre-tax gain on derecognition of subsidiary 0 (177) 0
Other non-cash adjustments (17) 0 (12)
Net earnings adjusted for non-cash charges to operations 1,047 1,367 1,446
Retirement plan contributions (182) (38) (43)
Derecognition of a subsidiary 0 (172) 0
Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments:      
Receivables 27 19 (43)
Inventories (28) (36) (53)
Prepayments and other current assets 23 (18) (19)
Accounts payable and accrued expenses 186 (123) (76)
Prepaid taxes and income taxes payable 35 (8) (85)
Other assets and liabilities 76 17 (1)
Net cash provided by operating activities (see Note 25) 1,184 1,008 1,126
Cash paid during the year for:      
Interest 97 72 84
Income taxes, net of refunds 205 243 316
Non-cash investing transactions:      
Period end accounts payable related to property, plant and equipment purchases $ 182 $ 102 $ 104