Net Income | 1,259 | 1,289 | 1,240 | 1,254 | 1,210 | 719 | |
Depreciation & Amortization | 267 | 257 | 271 | 317 | 321 | 308 | |
Loss (Gain) From Sale of Assets | - | - | -43 | - | - | - | |
Asset Writedown & Restructuring Costs | 11 | 19 | 277 | - | 2 | 99 | |
Loss (Gain) From Sale of Investments | -4 | -6 | 41 | 67 | -98 | -27 | |
Stock-Based Compensation | 125 | 129 | 111 | 125 | 110 | 83 | |
Other Operating Activities | -25 | -20 | -9 | 27 | 42 | 65 | |
Change in Accounts Receivable | -33 | 7 | 132 | -321 | -128 | -107 | |
Change in Inventory | 3 | 34 | -33 | -248 | -136 | -68 | |
Change in Accounts Payable | 22 | 103 | -171 | 121 | 64 | 2 | |
Change in Other Net Operating Assets | 72 | -61 | -44 | -30 | 98 | -153 | |
Operating Cash Flow | 1,697 | 1,751 | 1,772 | 1,312 | 1,485 | 921 | |
Operating Cash Flow Growth | -13.46% | -1.19% | 35.06% | -11.65% | 61.24% | -9.79% | |
Capital Expenditures | -385 | -378 | -298 | -291 | -188 | -119 | |
Sale of Property, Plant & Equipment | - | - | - | - | 1 | 1 | |
Cash Acquisitions | -858 | -862 | -51 | -52 | -547 | - | |
Divestitures | - | - | 50 | - | - | - | |
Investment in Securities | -5 | -5 | -3 | 9 | -10 | -20 | |
Other Investing Activities | -9 | -13 | -8 | -4 | -5 | -9 | |
Investing Cash Flow | -1,257 | -1,258 | -310 | -338 | -749 | -147 | |
Short-Term Debt Issued | - | 40 | - | 35 | - | 420 | |
Long-Term Debt Issued | - | 1,197 | - | 600 | 848 | 1,297 | |
Total Debt Issued | 1,241 | 1,237 | - | 635 | 848 | 1,717 | |
Short-Term Debt Repaid | - | - | -35 | - | -75 | -345 | |
Long-Term Debt Repaid | - | -600 | - | -609 | -417 | -1,417 | |
Total Debt Repaid | -451 | -600 | -35 | -609 | -492 | -1,762 | |
Net Debt Issued (Repaid) | 790 | 637 | -35 | 26 | 356 | -45 | |
Issuance of Common Stock | 73 | 77 | 67 | 58 | 55 | 60 | |
Repurchase of Common Stock | -1,270 | -1,183 | -629 | -1,206 | -864 | -506 | |
Common Dividends Paid | -276 | -274 | -265 | -250 | -236 | -222 | |
Other Financing Activities | -9 | -9 | -68 | - | -7 | -4 | |
Financing Cash Flow | -692 | -752 | -930 | -1,372 | -696 | -717 | |
Foreign Exchange Rate Adjustments | -28 | -2 | 5 | -36 | 3 | 2 | |
Net Cash Flow | -280 | -261 | 537 | -434 | 43 | 59 | |
Free Cash Flow | 1,312 | 1,373 | 1,474 | 1,021 | 1,297 | 802 | |
Free Cash Flow Growth | -20.44% | -6.85% | 44.37% | -21.28% | 61.72% | -7.39% | |
Free Cash Flow Margin | 20.08% | 21.09% | 21.57% | 14.91% | 20.52% | 15.02% | |
Free Cash Flow Per Share | 4.54 | 4.72 | 4.98 | 3.40 | 4.22 | 2.57 | |
Cash Interest Paid | 69 | 80 | 89 | 85 | 76 | 71 | |
Cash Income Tax Paid | 309 | 314 | 199 | 279 | 211 | 361 | |
Levered Free Cash Flow | 1,091 | 1,131 | 822 | 764.63 | 1,136 | 587.38 | |
Unlevered Free Cash Flow | 1,154 | 1,191 | 881.38 | 817.13 | 1,187 | 636.13 | |
Change in Net Working Capital | -186 | -217 | 88 | 383 | -65 | 290 | |