Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
2,388.80 |
2,032.60 |
1,271.10 |
477.40 |
2,020.10 |
Depreciation & amortization |
292.30 |
218.00 |
146.10 |
70.40 |
264.00 |
Amortization of Other Assets |
330.20 |
250.20 |
171.20 |
85.90 |
324.70 |
Impairment of assets
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
73.20 |
34.00 |
49.30 |
0.90 |
47.30 |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
323.40 |
- |
- |
- |
-666.70 |
Other Increase (Decrease) in Environmental Liabilities |
80.70 |
52.70 |
13.30 |
12.70 |
-7.10 |
Gain (Loss) on Disposition of Assets |
-19.20 |
-28.20 |
-40.90 |
-4.60 |
-10.70 |
Employee Benefits and Share-based Compensation |
100.10 |
59.30 |
38.70 |
18.90 |
104.80 |
Stockbased compensation |
- |
- |
- |
- |
- |
Gains (Losses) on Extinguishment of Debt |
12.80 |
- |
- |
- |
- |
Goodwill And Intangible Asset Impairment |
- |
- |
- |
- |
- |
Decrease In Non Traded Investments |
- |
- |
- |
- |
- |
Restructuring Charges And Restructuring Reserve Accrual Adjustment |
- |
- |
- |
- |
- |
Increase Decrease In Department Of Labor Settlement Accrual |
- |
- |
- |
- |
- |
Amortization Of Inventory Step Up |
- |
- |
- |
- |
- |
Operating Leases Noncash Expense |
333.40 |
225.00 |
109.00 |
310.50 |
208.40 |
Impairment Of Intangible Assets Excluding Goodwill |
- |
- |
- |
- |
- |
Increase Decrease In Litigation Liability |
- |
- |
- |
- |
- |
Amortization Of Non Traded Investments |
-335.20 |
-226.40 |
-109.60 |
-312.80 |
-209.40 |
Income taxes |
-349.50 |
-271.70 |
-146.10 |
-46.30 |
-220.20 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
111.40 |
- |
- |
- |
-152.60 |
Increase (Decrease) in Accounts Payable |
-241.10 |
- |
- |
- |
46.60 |
Increase (Decrease) in Accrued Salaries |
75.70 |
- |
- |
- |
65.80 |
Deferred pension assets |
- |
- |
- |
- |
- |
Postretirement liability |
- |
- |
- |
- |
- |
Other Working Capital |
306.70 |
194.60 |
-239.10 |
-534.20 |
32.50 |
Other Noncash Income (Expense) |
7.00 |
27.40 |
5.10 |
4.40 |
29.60 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-488.70 |
36.20 |
27.30 |
3.30 |
14.70 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
3,521.90 |
2,603.30 |
1,294.60 |
88.20 |
1,919.90 |
Capital Expenditures |
-888.40 |
-568.90 |
-416.00 |
-209.90 |
-644.50 |
Sale of Capital Items |
70.10 |
49.00 |
47.20 |
- |
33.20 |
Short-term investments liq. |
- |
- |
- |
- |
- |
Short-term investments acq. |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-264.70 |
-23.20 |
-23.20 |
-0.30 |
-1,003.10 |
Investment in affiliate |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses |
103.70 |
103.70 |
33.00 |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-60.00 |
-69.60 |
-58.90 |
-23.20 |
6.80 |
Other Net |
- |
- |
- |
- |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-1,039.30 |
-509.00 |
-417.90 |
-233.40 |
-1,607.60 |
Short-term debt Net |
-603.90 |
-639.20 |
-171.60 |
503.00 |
214.40 |
Other borrowing transactions |
- |
- |
- |
- |
-7.30 |
Long-term debt - borrowings |
- |
- |
- |
- |
999.70 |
Long-term debt - repayments |
-136.40 |
-0.60 |
- |
- |
-260.30 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-1,320.40 |
-879.80 |
-500.60 |
-290.30 |
-793.90 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-46.70 |
-24.70 |
-24.80 |
-24.60 |
-23.80 |
Costs Associated With Repurchase Of Long Term Debt |
- |
- |
- |
- |
- |
Proceeds From Real Estate Financing |
- |
- |
- |
- |
- |
Proceeds From Failed Sale Leaseback Transactions |
- |
- |
- |
- |
- |
Proceeds From Real Estate Financing Transactions |
227.60 |
140.20 |
66.50 |
- |
- |
Proceeds From Failed Sale Leaseback Transactions Net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-623.70 |
-468.40 |
-312.80 |
-156.50 |
-618.50 |
Net Cash flow from
Financing Activities |
-2,424.60 |
-1,785.10 |
-869.60 |
98.10 |
-282.40 |
Effect of exchange rate on cash flow |
20.00 |
-4.60 |
3.50 |
-0.30 |
3.20 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
2,703.60 |
2,083.40 |
925.80 |
-121.70 |
1,308.60 |
Total Cash Flow |
78.00 |
304.60 |
10.60 |
-47.40 |
33.10 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |