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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Net income from continuing operations $ 2,840 $ 2,464
Adjustments to reconcile net income from continuing operations to net cash flows (used in) provided by operating activities:    
Depreciation and amortization 2,078 2,013
Deferred income tax benefit (700) (1,147)
Stock compensation cost 212 212
Net periodic pension and other postretirement income (778) (714)
Change in:    
Accounts receivable (699) (790)
Contract assets (1,430) (525)
Inventory (1,322) (1,033)
Other current assets (634) (353)
Accounts payable and accrued liabilities (149) 2,109
Contract liabilities 255 (309)
Other operating activities, net 183 (165)
Net cash flows (used in) provided by operating activities from continuing operations (144) 1,762 Close
Investing Activities:    
Capital expenditures (1,046) (918)
Dispositions of businesses, net of cash transferred 0 88
Customer financing assets receipts (payments), net 42 (7)
Increase in other intangible assets (314) (185)
Receipts (payments) from settlements of derivative contracts, net 45 (151)
Other investing activities, net 71 37
Net cash flows used in investing activities from continuing operations (1,202) (1,136) Close
Financing Activities:    
Issuance of long-term debt 2,974 0
Repayment of long-term debt (3) (2)
Change in commercial paper, net (Note 8) 470 0
Change in other short-term borrowings, net (24) (17)
Dividends paid on common stock (1,634) (1,543)
Repurchase of common stock (1,158) (1,779)
Other financing activities, net (157) (286)
Net cash flows provided by (used in) financing activities from continuing operations 468 (3,627) Close
Effect of foreign exchange rate changes on cash and cash equivalents 19 (20) Close
Net decrease in cash, cash equivalents and restricted cash (859) (3,021) Close
Cash, cash equivalents and restricted cash, beginning of period 6,291 7,853
Cash, cash equivalents and restricted cash, end of period 5,432 4,832
Less: Restricted cash, included in Other assets, current and Other assets 41 65
Cash and cash equivalents, end of period $ 5,391 $ 4,767