XML 23 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Operating activities    
Net earnings $ 1,545 $ 1,689
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 351 325
Stock-based compensation 61 57
Deferred income taxes (77) (117)
Changes in assets and liabilities    
Receivables, net (125) (78)
Contract assets (867) (871)
Inventories (146) (383)
Accounts payable 1,301 1,217
Contract liabilities (445) (152)
Income taxes 341 414
Qualified defined benefit pension plans (1) (94)
Other, net (303) (443)
Net cash provided by operating activities 1,635 1,564
Investing activities    
Capital expenditures (378) (294)
Other, net 6 35
Net cash used for investing activities (372) (259)
Financing activities    
Issuance of long-term debt, net of related costs 1,980 0
Repurchases of common stock (1,000) (500)
Dividends paid (780) (784)
Other, net (115) (128)
Net cash provided by (used for) financing activities 85 (1,412)
Net change in cash and cash equivalents 1,348 (107)
Cash and cash equivalents at beginning of period   2,547
Cash and cash equivalents at end of period $ 2,790 $ 2,440