v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
OPERATING ACTIVITIES    
Consolidated Net Income $ 4,693 $ 4,879
Depreciation and amortization 646 749
Stock-based compensation expense 189 148
Deferred income taxes (127) 500
Equity (income) loss — net of dividends (359) (333)
Foreign currency adjustments 138 (31)
Significant (gains) losses — net 25 (690)
Other operating charges 966 238
Other items 301 503
Net change in operating assets and liabilities (1,926) (438)
Net Cash Provided by Operating Activities 4,546 5,525
INVESTING ACTIVITIES    
Purchases of investments (2,040) (3,431)
Proceeds from disposals of investments 2,272 3,811
Acquisitions of businesses, equity method investments and nonmarketable securities (6) (11)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities 218 1,765
Purchases of property, plant and equipment (487) (450)
Proceeds from disposals of property, plant and equipment 33 28
Other investing activities (1,135) 41
Net Cash Provided by (Used in) Investing Activities (1,145) 1,753
FINANCING ACTIVITIES    
Issuances of debt 3,256 10,752
Payments of debt (1,816) (11,957)
Issuances of stock 652 342
Purchases of stock for treasury (1,210) (104)
Dividends (3,810) (3,623)
Other financing activities (1,022) (372)
Net Cash Provided by (Used in) Financing Activities (3,950) (4,962)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (161) 82
CASH AND CASH EQUIVALENTS    
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the period (710) 2,398
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 10,025 7,110
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Period 9,315 9,508
Restricted Cash and Cash Equivalents 339 320
Cash and cash equivalents $ 8,976 $ 9,188

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