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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 25, 2012
Operating activities    
Net earnings $ 761 $ 668
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 232 231
Stock-based compensation 53 41
Severance charges 30 [1]  
Changes in operating assets and liabilities:    
Receivables, net (384) (654)
Inventories, net 43 104
Accounts payable 83 116
Customer advances and amounts in excess of costs incurred (98) (251)
Postretirement benefit plans 493 (8)
Income taxes 862 111
Other, net 10 100
Net cash provided by operating activities 2,085 458
Investing activities    
Capital expenditures (106) (131)
Other, net (50) (18)
Net cash used for investing activities (156) (149)
Financing activities    
Repurchases of common stock (461) (242)
Proceeds from stock option exercises 55 159
Dividends paid (371) (327)
Other, net 15 37
Net cash used for financing activities (762) (373)
Net change in cash and cash equivalents 1,167 (64)
Cash and cash equivalents at beginning of period 1,898 3,582
Cash and cash equivalents at end of period $ 3,065 $ 3,518
[1] Severance charges for 2013 consisted of amounts, net of state tax benefits, associated with the elimination of certain positions at our IS&GS business segment (Note 8, under the caption "Severance Activities"). Severance charges for initiatives that are not significant are included in business segment operating profit.