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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net earnings $ 1,049 $ 897
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 451 440
Gain from sale of business 0 (3)
Gain from property insurance (65) 0
Provision for deferred income taxes 15 70
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in trade receivables (229) (188)
(Increase) decrease in inventories (261) (143)
Increase (decrease) in trade payables 7 (20)
Pension and other postretirement contributions (in excess of) less than expenses (112) (81)
Variable compensation (in excess of) less than expenses 23 18
Other items, net (75) 21
Net cash provided by operating activities 803 1,011
Investing activities    
Additions to properties and equipment (381) (438)
Proceeds from property insurance 65 0
Proceeds from sale of business and assets 0 14
Acquisitions, net of cash acquired 0 (4)
Other items, net 1 (2)
Net cash used in investing activities (315) (430)
Financing activities    
Net increase (decrease) in commercial paper and other borrowings 339 71
Proceeds from borrowings 490 600
Repayment of borrowings (693) (750)
Dividends paid to stockholders (240) (223)
Treasury stock purchases (375) (275)
Dividends paid to noncontrolling interest (3) (5)
Other items, net 0 14
Net cash used in financing activities (482) (568)
Effect of exchange rate changes on cash and cash equivalents (4) 1
Net change in cash and cash equivalents 2 14
Cash and cash equivalents at beginning of period 191 181
Cash and cash equivalents at end of period $ 193 $ 195