Net Income | 989 | 1,024 | 783 | 838 | 903 | 827 | |
Depreciation & Amortization | 87 | 87 | 80 | 79 | 77 | 74 | |
Loss (Gain) From Sale of Assets | -177 | -267 | - | - | -127 | - | |
Asset Writedown & Restructuring Costs | 7 | 7 | 96 | 61 | - | 13 | |
Stock-Based Compensation | 27 | 25 | 18 | 15 | 12 | 11 | |
Other Operating Activities | -9 | 34 | 15 | 20 | -76 | 54 | |
Change in Accounts Receivable | 3 | 88 | -21 | -77 | -150 | 12 | |
Change in Inventory | -90 | -349 | -403 | -93 | -37 | -203 | |
Change in Accounts Payable | -26 | -31 | 77 | 37 | 137 | -30 | |
Change in Income Taxes | 9 | 17 | -57 | 47 | 8 | 18 | |
Change in Other Net Operating Assets | -6 | 12 | 52 | 9 | 70 | -52 | |
Operating Cash Flow | 731 | 647 | 640 | 936 | 817 | 724 | |
Operating Cash Flow Growth | 23.48% | 1.09% | -31.62% | 14.56% | 12.85% | -9.50% | |
Capital Expenditures | -197 | -228 | -183 | -138 | -62 | -113 | |
Sale of Property, Plant & Equipment | 38 | - | - | - | - | - | |
Cash Acquisitions | - | - | -1,195 | - | -14 | -22 | |
Divestitures | 52 | 246 | - | - | 177 | - | |
Other Investing Activities | 27 | 31 | 23 | 11 | -3 | -6 | |
Investing Cash Flow | 270 | 49 | -1,355 | -127 | 98 | -141 | |
Short-Term Debt Issued | - | 192 | 834 | - | 390 | 178 | |
Long-Term Debt Issued | - | - | 648 | - | - | - | |
Total Debt Issued | -300 | 192 | 1,482 | - | 390 | 178 | |
Short-Term Debt Repaid | - | - | -600 | -196 | -516 | - | |
Long-Term Debt Repaid | - | - | -250 | - | - | - | |
Total Debt Repaid | -227 | - | -850 | -196 | -516 | - | |
Net Debt Issued (Repaid) | -527 | 192 | 632 | -196 | -126 | 178 | |
Repurchase of Common Stock | - | -400 | - | - | - | -44 | |
Common Dividends Paid | -417 | -404 | -378 | -831 | -338 | -325 | |
Other Financing Activities | -10 | -6 | -15 | -11 | -21 | - | |
Financing Cash Flow | -952 | -618 | 239 | -1,038 | -485 | -191 | |
Foreign Exchange Rate Adjustments | -28 | -6 | -14 | -47 | 45 | -24 | |
Miscellaneous Cash Flow Adjustments | -21 | -10 | -10 | -6 | - | - | |
Net Cash Flow | - | 62 | -500 | -282 | 475 | 368 | |
Free Cash Flow | 534 | 419 | 457 | 798 | 755 | 611 | |
Free Cash Flow Growth | 41.64% | -8.31% | -42.73% | 5.70% | 23.57% | -10.28% | |
Free Cash Flow Margin | 13.20% | 10.03% | 10.81% | 20.29% | 21.82% | 18.17% | |
Free Cash Flow Per Share | 1.13 | 0.88 | 0.95 | 1.66 | 1.57 | 1.27 | |
Cash Interest Paid | 125 | 125 | 85 | 80 | 79 | 83 | |
Cash Income Tax Paid | 242 | 242 | 278 | 226 | 204 | 143 | |
Levered Free Cash Flow | 554 | 337.25 | 174.38 | 606.25 | 596.38 | 408.25 | |
Unlevered Free Cash Flow | 634.63 | 416.63 | 230.63 | 657.5 | 647 | 459.5 | |
Change in Net Working Capital | 13 | 183 | 455 | 71 | 15 | 200 | |