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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net earnings $ 6,230 $ 5,046 $ 1,963
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation and amortization 1,189 1,161 1,195
Stock-based compensation 189 173 158
Deferred income taxes 222 (244) 3,448
Severance and restructuring charges 0 96 0
Gain on property sale (51) 0 (198)
Gain on divestiture of IS&GS business 0 0 (73)
Changes in assets and liabilities      
Receivables, net 107 (179) (902)
Contract assets 378 (1,480) 390
Inventories (622) (119) (79)
Accounts payable (1,098) 914 (189)
Contract liabilities 563 (537) 353
Postretirement benefit plans 81 (3,574) 1,316
Income taxes (151) 1,077 (1,210)
Other, net 274 804 304
Net cash provided by operating activities 7,311 3,138 6,476
Investing activities      
Capital expenditures (1,484) (1,278) (1,177)
Other, net 243 203 30
Net cash used for investing activities (1,241) (1,075) (1,147)
Financing activities      
Repurchases of common stock (1,200) (1,492) (2,001)
Dividends paid (2,556) (2,347) (2,163)
Proceeds from issuance of commercial paper, net (600) 600 0
Repayments of long-term debt (900) (750) 0
Other, net (72) (163) (141)
Net cash used for financing activities (5,328) (4,152) (4,305)
Net change in cash and cash equivalents 742 (2,089) 1,024
Cash and cash equivalents at beginning of year 772 2,861 1,837
Cash and cash equivalents at end of year $ 1,514 $ 772 $ 2,861