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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net earnings $ 428 $ 394
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 324 305
Business consolidation and other activities 33 25
Deferred tax provision (benefit) 24 (43)
Loss on Aerospace disposal   3
Pension contributions (15) (15)
Other, net 49 (164)
Changes in working capital components, net of acquisitions and dispositions (1,012) (838)
Cash provided by (used in) operating activities (169) (333)
Cash Flows from Investing Activities    
Capital expenditures (302) (177)
Business acquisitions, net of cash acquired (76) (158)
Business dispositions, net of cash sold   4
Derivative settlements (11) (66)
Other, net (48) 6
Cash provided by (used in) investing activities (437) (391)
Cash Flows from Financing Activities    
Long-term borrowings 1,505 2,930
Repayments of long-term borrowings (1,281) (1,624)
Net change in short-term borrowings (145) (76)
Acquisitions of treasury stock (115) (1,022)
Common stock dividends (107) (112)
Other, net 17 (8)
Cash provided by (used in) financing activities (126) 88
Effect of exchange rate changes on cash 12 23
Change in cash, cash equivalents and restricted cash (720) (613)
Cash, cash equivalents and restricted cash - beginning of period 1,221 931
Cash, cash equivalents and restricted cash - end of period $ 501 $ 318