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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Operating activities    
Net earnings $ 1,919 $ 1,807
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 593 490
Stock-based compensation 97 89
Severance charges 99  
Changes in assets and liabilities    
Receivables, net (1,214) (1,183)
Inventories, net (233) (154)
Accounts payable 806 453
Customer advances and amounts in excess of costs incurred 239 (211)
Postretirement benefit plans 515 580
Income taxes 237 471
Other, net 82 (122)
Net cash provided by operating activities 3,140 2,220
Investing activities    
Capital expenditures (386) (309)
Other, net 59 91
Net cash used for investing activities (327) (218)
Financing activities    
Issuance of long-term debt, net of related costs   2,213
Repayments of long-term debt (452)  
Repurchases of common stock (1,002) (1,541)
Dividends paid (1,034) (965)
Proceeds from stock option exercises 53 84
Other, net (199) (37)
Net cash used for financing activities (2,634) (246)
Net change in cash and cash equivalents 179 1,756
Cash and cash equivalents at beginning of period 1,090 1,446
Cash and cash equivalents at end of period $ 1,269 $ 3,202