v3.25.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows - operating activities    
Net income $ 588 $ 388
Adjustments to reconcile Net income to Cash from (used for) operating activities    
Depreciation of property, plant, and equipment 66 68
Amortization of intangible assets 70 80
Gain on remeasurement of Nihon Medi-Physics equity method investment (97) 0
Net periodic postretirement benefit plan (income) expense (70) (90)
Postretirement plan contributions (98) (87)
Share-based compensation 22 34
Provision for income taxes 104 124
Cash paid during the year for income taxes (91) (86)
Changes in operating assets and liabilities, excluding the effects of acquisitions:    
Receivables 81 165
Inventories (154) (59)
Contract and other deferred assets 52 32
Accounts payable 146 31
Contract liabilities (68) (18)
Current compensation and benefits (200) (34)
All other operating activities – net (101) (129)
Cash from (used for) operating activities 250 419
Cash flows – investing activities    
Additions to property, plant and equipment and internal-use software (152) (145)
Purchases of businesses, net of cash acquired (269) 0
Purchases of investments (20) (19)
All other investing activities – net 34 (24)
Cash from (used for) investing activities (407) (188)
Cash flows – financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) 1 1
Newly issued debt, net of debt issuance costs (maturities longer than 90 days) 0 1
Repayments and other reductions (maturities longer than 90 days) (257) (153)
Dividends paid to stockholders (16) (14)
Proceeds from stock issued under employee benefit plans 20 16
Taxes paid related to net share settlement of equity awards (28) (11)
All other financing activities – net (6) 7
Cash from (used for) financing activities (286) (153)
Effect of foreign currency rate changes on cash, cash equivalents, and restricted cash 27 (19)
Increase (decrease) in cash, cash equivalents, and restricted cash (416) 59
Cash, cash equivalents, and restricted cash at beginning of year 2,893 2,506
Cash, cash equivalents, and restricted cash at end of period 2,476 2,565
Supplemental disclosure of cash flows information    
Cash paid during the year for interest (78) (55)
Non-cash investing activities    
Acquired but unpaid property, plant, and equipment $ 86 $ 53