v3.25.3
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Cash flows from operating activities – continuing operations:    
Net earnings $ 3,067 $ 2,634
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation of property, plant and equipment 490 469
Amortization of intangible and finance lease right-of-use assets 182 177
Equity-based compensation expense 146 137
Deferred income tax provision (benefit) 151 (107)
(Increase) decrease in assets, net of effects of business acquisitions:    
Accounts receivable (314) (172)
Unbilled receivables (415) (874)
Inventories (131) (1,612)
Increase (decrease) in liabilities, net of effects of business acquisitions:    
Accounts payable 119 193
Customer advances and deposits 45 628
Other, net 219 479
Net cash provided by operating activities 3,559 1,952
Cash flows from investing activities:    
Capital expenditures (552) (561)
Other, net 130 (27)
Net cash used by investing activities (422) (588)
Cash flows from financing activities:    
Repayment of fixed-rate notes (1,500) 0
Proceeds from fixed-rate notes 747 0
Dividends paid (1,188) (1,140)
Purchases of common stock (600) (183)
Other, net 235 150
Net cash used by financing activities (2,306) (1,173)
Net cash used by discontinued operations (8) (3)
Net increase in cash and equivalents 823 188
Cash and equivalents at beginning of period 1,697 1,913
Cash and equivalents at end of period 2,520 2,101
Supplemental cash flow information:    
Income tax payments, net (263) (125)
Interest payments $ (238) $ (213)