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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES:    
Cash provided by operations $ 648 $ 632
Increase in receivables (265) (243)
(Increase) decrease in inventories (43) 95
Decrease in accounts payable and accrued liabilities, net (87) (36)
Net cash from operating activities 252 448 CloseClose
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:    
Purchase of Company common stock (290) (81)
Cash dividends paid (128) (129)
Purchase of redeemable noncontrolling interest (15) 0
Dividends paid to noncontrolling interest (12) (49)
Proceeds from short-term borrowings 0 77
Payment of term loan 0 (200)
Proceeds from the exercise of stock options 75 23
Employee withholding taxes paid on stock-based compensation (33) (23)
Decrease in debt, net (1) (4)
Net cash for financing activities (404) (386)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:    
Capital expenditures (74) (133)
Acquisition of business (4) 0
Other, net (1) (4)
Net cash for investing activities (80) (137) CloseClose
Effect of exchange rate changes on cash and cash investments (5) 3 CloseClose
CASH AND CASH INVESTMENTS:    
Decrease for the period (236) (72) CloseClose
At January 1 634 452
At June 30 $ 398 $ 380