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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES:    
Cash provided by operations $ 314 $ 286
Increase in receivables (258) (194)
(Increase) decrease in inventories (44) 45
Decrease in accounts payable and accrued liabilities, net (107) (104)
Net cash (for) from operating activities (94) 33 CloseClose
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:    
Purchase of Company common stock (145) (53)
Cash dividends paid (64) (65)
Purchase of redeemable noncontrolling interest (15) 0
Proceeds from revolving credit borrowings, net 49 210
Proceeds from the exercise of stock options 75 9
Employee withholding taxes paid on stock-based compensation (33) (20)
Decrease in debt, net (1) (3)
Net cash (for) from financing activities (134) 78
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:    
Capital expenditures (31) (61)
Other, net (2) 2
Net cash for investing activities (33) (59) CloseClose
Effect of exchange rate changes on cash and cash investments (6) 6 CloseClose
CASH AND CASH INVESTMENTS:    
(Decrease) increase for the period (266) 58
At January 1 634 452
At March 31 $ 368 $ 510