XML 23 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flow From (Used in) Operating Activities:      
Net earnings $ 5,723 $ 6,933 $ 7,071
Adjustments to reconcile earnings to net cash from operating activities —      
Depreciation 1,277 1,254 1,491
Amortization of intangible assets 1,966 2,013 2,047
Share-based compensation 644 685 640
Investing and financing losses, net 126 215 55
Trade receivables (356) (68) (383)
Inventories (232) (1,413) (456)
Prepaid expenses and other assets (542) (75) (312)
Trade accounts payable and other liabilities (760) 420 1,288
Income taxes (585) (383) (908)
Net Cash From Operating Activities 7,261 9,581 10,533 Close
Cash Flow From (Used in) Investing Activities:      
Acquisitions of property and equipment (2,202) (1,777) (1,885)
Acquisitions of businesses and technologies, net of cash acquired (877) 0 (187)
Proceeds from business dispositions 40 48 134
Purchases of investment securities (159) (185) (173)
Proceeds from sales of investment securities 43 152 77
Other 22 22 26
Net Cash From (Used in) Investing Activities (3,133) (1,740) (2,008) Close
Cash Flow From (Used in) Financing Activities:      
Proceeds from issuance of (repayments of) short-term debt, net and other 21 47 (204)
Proceeds from issuance of long-term debt and debt with maturities over 3 months 2 7 4
Repayments of long-term debt and debt with maturities over 3 months (2,498) (753) (48)
Purchases of common shares (1,227) (3,795) (2,299)
Proceeds from stock options exercised 167 167 255
Dividends paid (3,556) (3,309) (3,202)
Net Cash From (Used in) Financing Activities (7,091) (7,636) (5,494) Close
Effect of exchange rate changes on cash and cash equivalents (23) (122) (70) Close
Net Increase (Decrease) in Cash and Cash Equivalents (2,986) 83 2,961 Close
Cash and Cash Equivalents, Beginning of Year 9,882 9,799 6,838
Cash and Cash Equivalents, End of Year 6,896 9,882 9,799
Supplemental Cash Flow Information:      
Income taxes paid 1,475 1,864 1,941
Interest paid $ 662 $ 563 $ 544