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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Operating Activities    
Net Income $ 579 $ 551
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 575 465
Change in deferred income taxes (121) (127)
Non-cash stock-based compensation 43 33
Non-cash charges for sale of inventories revalued at the date of acquisition 3 31
Other non-cash expenses, net 24 28
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions:    
Accounts receivable (71) (18)
Inventories (124) (105)
Other assets (192) (134)
Accounts payable (94) 114
Other liabilities (520) (303)
Contributions to retirement plans (24) (173)
Net cash provided by continuing operations 78 362
Net cash used in discontinued operations 0 (1)
Net cash provided by operating activities 78 361
Investing Activities    
Acquisitions, net of cash acquired (57) (301)
Purchase of property, plant and equipment (118) (93)
Proceeds from sale of property, plant and equipment 2 1
Other investing activities, net (6) 11
Net cash used in investing activities (179) (382)
Financing Activities    
Net proceeds from issuance of debt 0 519
Repayment of debt (453) (703)
Proceeds from issuance of commercial paper 1,306 2,361
Repayments of commercial paper (1,124) (1,795)
Purchases of company common stock 0 (500)
Dividends paid (60) (59)
Net proceeds from issuance of company common stock under employee stock plans 39 58
Other financing activities (50) 0
Net cash used in financing activities (342) (119)
Exchange Rate Effect on Cash 57 66
Decrease in Cash, Cash Equivalents and Restricted Cash (386) (74)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 1,361 811
Cash, Cash Equivalents and Restricted Cash at End of Period $ 975 $ 737