Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-10-01 | 2017-07-02 | 2017-04-02 | 2016-12-31 | 2016-10-02 | 2016-07-03 | 2016-04-03 | 2015-12-31 | 2015-09-27 | 2015-06-28 | 2015-03-29 | 2014-12-31 | 2014-09-28 | 2014-06-29 | 2014-03-30 | 2013-12-31 | 2013-09-29 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income before allocation to noncontrolling interests | 721,000,000 | 718,000,000 | 631,000,000 | 581,000,000 | 692,000,000 | 624,000,000 | 599,000,000 | 523,000,000 | 596,000,000 | 670,000,000 | 551,000,000 | 460,000,000 | 528,000,000 | 529,000,000 | 594,000,000 | 413,000,000 | 552,000,000 | 511,000,000 | 558,000,000 | 358,000,000 | 479,000,000 | 384,000,000 | 433,000,000 | 371,000,000 | 312,000,000 | 345,000,000 | 347,000,000 | 382,000,000 | 350,000,000 | 80,000,000 | 296,000,000 | 247,000,000 | 239,000,000 | 154,000,000 | 237,000,000 | 224,000,000 | 204,000,000 | 20,000,000 | 190,000,000 | -36,000,000 | 165,000,000 | 167,000,000 | 139,000,000 | 155,000,000 | 131,000,000 | 128,000,000 | 140,000,000 | ||||
adjustments to reconcile net income before noncontrolling interests to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 124,000,000 | 123,000,000 | 119,000,000 | 123,000,000 | 121,000,000 | 127,000,000 | 126,000,000 | 126,000,000 | 124,000,000 | 121,000,000 | 120,000,000 | 119,000,000 | 115,000,000 | 117,000,000 | 114,000,000 | 117,000,000 | 110,000,000 | 112,000,000 | 109,000,000 | 109,000,000 | 111,000,000 | 111,000,000 | 110,000,000 | 109,000,000 | 107,000,000 | 98,000,000 | 98,000,000 | 101,000,000 | 84,000,000 | 63,000,000 | 60,000,000 | 63,000,000 | 58,000,000 | 59,000,000 | 62,000,000 | 63,000,000 | 60,000,000 | 60,000,000 | 57,000,000 | 55,000,000 | 46,000,000 | 50,000,000 | 48,000,000 | 50,000,000 | 51,000,000 | 50,000,000 | 49,000,000 | 51,000,000 | 51,000,000 | ||
share-based compensation expense | 22,000,000 | 22,000,000 | 17,000,000 | 19,000,000 | 18,000,000 | 19,000,000 | 18,000,000 | 17,000,000 | 17,000,000 | 17,000,000 | 9,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 16,000,000 | 14,000,000 | 15,000,000 | 16,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 14,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 12,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 9,000,000 | 8,000,000 | 5,000,000 | 6,000,000 | 20,000,000 | 11,000,000 | ||
asset write-offs and asset impairments | 6,000,000 | 31,000,000 | 2,000,000 | 15,000,000 | 3,000,000 | 11,000,000 | 2,000,000 | 19,000,000 | 14,000,000 | 12,000,000 | 1,000,000 | 46,000,000 | 5,000,000 | 1,000,000 | 1,000,000 | 28,000,000 | 5,000,000 | 13,000,000 | 1,000,000 | 31,000,000 | 3,000,000 | 1,000,000 | 5,000,000 | 0 | 1,000,000 | 0 | -3,000,000 | 5,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 12,000,000 | 10,000,000 | 37,000,000 | 1,000,000 | 7,000,000 | 1,000,000 | 0 | 3,000,000 | ||||||||||||
net income on sale of business, excluding transaction costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from losses on inventory | 20,000,000 | 14,000,000 | 18,000,000 | 26,000,000 | 29,000,000 | 25,000,000 | 17,000,000 | 33,000,000 | 35,000,000 | 31,000,000 | 16,000,000 | 27,000,000 | 18,000,000 | 22,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 14,000,000 | 11,000,000 | 49,000,000 | 24,000,000 | 19,000,000 | 13,000,000 | 24,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 17,000,000 | 12,000,000 | 9,000,000 | 16,000,000 | 8,000,000 | 6,000,000 | 24,000,000 | 16,000,000 | 40,000,000 | 30,000,000 | 19,000,000 | 16,000,000 | ||||||||||||
deferred taxes | -16,000,000 | -7,000,000 | 19,000,000 | -152,000,000 | -42,000,000 | -101,000,000 | -43,000,000 | -21,000,000 | -14,000,000 | -34,000,000 | 8,000,000 | -176,000,000 | -34,000,000 | -31,000,000 | -45,000,000 | 41,000,000 | -97,000,000 | -11,000,000 | -13,000,000 | -22,000,000 | -2,000,000 | -29,000,000 | -9,000,000 | -8,000,000 | -6,000,000 | -16,000,000 | -11,000,000 | 24,000,000 | 2,000,000 | 7,000,000 | |||||||||||||||||||||
settlement of derivative contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash adjustments | -4,000,000 | -3,000,000 | -2,000,000 | -17,000,000 | 0 | 14,000,000 | -3,000,000 | -2,000,000 | 0 | -5,000,000 | -1,000,000 | 10,000,000 | -10,000,000 | 9,000,000 | 4,000,000 | -6,000,000 | -3,000,000 | 3,000,000 | 4,000,000 | 2,000,000 | 7,000,000 | 1,000,000 | 3,000,000 | -1,000,000 | 4,000,000 | 6,000,000 | 4,000,000 | 8,000,000 | 1,000,000 | -1,000,000 | 2,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | ||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures: | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 10,000,000 | -141,000,000 | -53,000,000 | 73,000,000 | -22,000,000 | -100,000,000 | -12,000,000 | -48,000,000 | 62,000,000 | -143,000,000 | 27,000,000 | -17,000,000 | 62,000,000 | -80,000,000 | -102,000,000 | -12,000,000 | 6,000,000 | -41,000,000 | -108,000,000 | 5,000,000 | -2,000,000 | -38,000,000 | 109,000,000 | -47,000,000 | -46,000,000 | 75,000,000 | 60,000,000 | -29,000,000 | -9,000,000 | 32,000,000 | 21,000,000 | ||||||||||||||||||||
inventories | -44,000,000 | -83,000,000 | -85,000,000 | 73,000,000 | 2,000,000 | -17,000,000 | -98,000,000 | 136,000,000 | -73,000,000 | -189,000,000 | -235,000,000 | -48,000,000 | -126,000,000 | -166,000,000 | -146,000,000 | -67,000,000 | -93,000,000 | -122,000,000 | -84,000,000 | -52,000,000 | -61,000,000 | -136,000,000 | -97,000,000 | -53,000,000 | -67,000,000 | 17,000,000 | 32,000,000 | ||||||||||||||||||||||||
other assets | -13,000,000 | -112,000,000 | -50,000,000 | 66,000,000 | 21,000,000 | -26,000,000 | -9,000,000 | 24,000,000 | -37,000,000 | -58,000,000 | -24,000,000 | 55,000,000 | 14,000,000 | -33,000,000 | -1,000,000 | -15,000,000 | 44,000,000 | -60,000,000 | 24,000,000 | 82,000,000 | -108,000,000 | 23,000,000 | -65,000,000 | -4,000,000 | -59,000,000 | 24,000,000 | |||||||||||||||||||||||||
accounts payable | -54,000,000 | 36,000,000 | -12,000,000 | 26,000,000 | -15,000,000 | 23,000,000 | -3,000,000 | 22,000,000 | -74,000,000 | 43,000,000 | 22,000,000 | 30,000,000 | -53,000,000 | 25,000,000 | -31,000,000 | 54,000,000 | 20,000,000 | 21,000,000 | -112,000,000 | 98,000,000 | 12,000,000 | 72,000,000 | -35,000,000 | -6,000,000 | 57,000,000 | -79,000,000 | -13,000,000 | ||||||||||||||||||||||||
other liabilities | 101,000,000 | 36,000,000 | -140,000,000 | 78,000,000 | 124,000,000 | 37,000,000 | -125,000,000 | 94,000,000 | 32,000,000 | 4,000,000 | -63,000,000 | 47,000,000 | -21,000,000 | 16,000,000 | -222,000,000 | 165,000,000 | 41,000,000 | 93,000,000 | -72,000,000 | 140,000,000 | 107,000,000 | -28,000,000 | -128,000,000 | 159,000,000 | 51,000,000 | -16,000,000 | -103,000,000 | ||||||||||||||||||||||||
other tax accounts | 54,000,000 | -151,000,000 | 123,000,000 | -7,000,000 | 20,000,000 | -156,000,000 | 126,000,000 | -26,000,000 | 42,000,000 | -168,000,000 | 118,000,000 | 57,000,000 | 12,000,000 | -88,000,000 | 117,000,000 | -63,000,000 | 41,000,000 | -71,000,000 | 68,000,000 | -96,000,000 | -22,000,000 | 48,000,000 | 87,000,000 | 27,000,000 | -46,000,000 | 27,000,000 | -27,000,000 | 6,000,000 | -75,000,000 | 163,000,000 | 12,000,000 | 52,000,000 | -13,000,000 | 34,000,000 | -38,000,000 | 19,000,000 | -75,000,000 | 114,000,000 | -34,000,000 | 37,000,000 | |||||||||||
net cash from operating activities | 938,000,000 | 486,000,000 | 587,000,000 | 905,000,000 | 951,000,000 | 502,000,000 | 595,000,000 | 897,000,000 | 724,000,000 | 183,000,000 | 549,000,000 | 741,000,000 | 526,000,000 | 336,000,000 | 309,000,000 | 679,000,000 | 653,000,000 | 481,000,000 | 400,000,000 | 718,000,000 | 562,000,000 | 438,000,000 | 408,000,000 | 582,000,000 | 506,000,000 | 318,000,000 | 389,000,000 | 584,000,000 | 550,000,000 | 267,000,000 | 389,000,000 | 608,000,000 | 439,000,000 | 180,000,000 | 119,000,000 | 286,000,000 | 239,000,000 | 137,000,000 | 51,000,000 | 278,000,000 | 204,000,000 | 103,000,000 | 114,000,000 | ||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -133,000,000 | -178,000,000 | -149,000,000 | -216,000,000 | -167,000,000 | -132,000,000 | -140,000,000 | -198,000,000 | -145,000,000 | -166,000,000 | -223,000,000 | -171,000,000 | -154,000,000 | -146,000,000 | -115,000,000 | -168,000,000 | -119,000,000 | -113,000,000 | -77,000,000 | -152,000,000 | -117,000,000 | -90,000,000 | -94,000,000 | -303,000,000 | 4,000,000 | 5,000,000 | |||||||||||||||||||||||||
free cash flows | 805,000,000 | 308,000,000 | 438,000,000 | 689,000,000 | 784,000,000 | 370,000,000 | 455,000,000 | 699,000,000 | 579,000,000 | 17,000,000 | 326,000,000 | 570,000,000 | 372,000,000 | 190,000,000 | 194,000,000 | 511,000,000 | 534,000,000 | 368,000,000 | 323,000,000 | 566,000,000 | 445,000,000 | 348,000,000 | 314,000,000 | 203,000,000 | 322,000,000 | 394,000,000 | |||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | -3,000,000 | 0 | -3,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -5,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||
(payments of)/proceeds from derivative instrument activity | -29,000,000 | -52,000,000 | -24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business, net of cash sold and working capital adjustments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of assets | 0 | 0 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 0 | -2,000,000 | 3,000,000 | 20,000,000 | ||||||||||||||||||||||||||||||||||||||
other investing activities | 4,000,000 | -3,000,000 | 1,000,000 | -1,000,000 | 0 | -1,000,000 | -1,000,000 | 0 | -1,000,000 | 0 | 3,000,000 | -1,000,000 | -1,000,000 | -14,000,000 | 4,000,000 | 4,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||
net cash from investing activities | -160,000,000 | -247,000,000 | -175,000,000 | 126,000,000 | -178,000,000 | -132,000,000 | -131,000,000 | -210,000,000 | -271,000,000 | -80,000,000 | -216,000,000 | -438,000,000 | -124,000,000 | -203,000,000 | -118,000,000 | -142,000,000 | -114,000,000 | -139,000,000 | -63,000,000 | -177,000,000 | -174,000,000 | -164,000,000 | -57,000,000 | -209,000,000 | -59,000,000 | -23,000,000 | 18,000,000 | ||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in short-term borrowings | 0 | 0 | 0 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt—senior notes, net of discount | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on long-term debt | 0 | 0 | 0 | -1,350,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
payment of consideration related to previous acquisitions | 0 | 0 | 0 | -1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation-related proceeds, net of taxes paid on withholding shares | 0 | -3,000,000 | -9,000,000 | 2,000,000 | 2,000,000 | -4,000,000 | -8,000,000 | 9,000,000 | 10,000,000 | 4,000,000 | 4,000,000 | 0 | 0 | -8,000,000 | -30,000,000 | 2,000,000 | 2,000,000 | 0 | -39,000,000 | 2,000,000 | 4,000,000 | 17,000,000 | -3,000,000 | 2,000,000 | 3,000,000 | 8,000,000 | 4,000,000 | 2,000,000 | 2,000,000 | 12,000,000 | 6,000,000 | ||||||||||||||||||||
purchases of treasury stock, including excise taxes paid | -394,000,000 | -338,000,000 | -443,000,000 | -553,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -222,000,000 | -223,000,000 | -224,000,000 | -194,000,000 | -197,000,000 | -197,000,000 | -198,000,000 | -172,000,000 | -173,000,000 | -173,000,000 | -174,000,000 | -151,000,000 | -153,000,000 | -153,000,000 | -154,000,000 | -117,000,000 | -119,000,000 | -119,000,000 | -119,000,000 | -95,000,000 | -95,000,000 | -95,000,000 | -95,000,000 | -78,000,000 | -78,000,000 | -79,000,000 | |||||||||||||||||||||||||
other financing activities | -2,000,000 | 0 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -134,000,000 | -564,000,000 | -677,000,000 | -745,000,000 | -628,000,000 | -763,000,000 | -524,000,000 | -397,000,000 | -416,000,000 | -494,000,000 | -1,802,000,000 | -529,000,000 | -610,000,000 | -545,000,000 | -339,000,000 | -328,000,000 | -226,000,000 | -243,000,000 | |||||||||||||||||||||||||||||||||
effect of exchange-rate changes on cash and cash equivalents | 5,000,000 | 39,000,000 | -1,000,000 | -13,000,000 | -5,000,000 | -8,000,000 | -6,000,000 | -3,000,000 | 0 | -1,000,000 | -3,000,000 | -9,000,000 | -18,000,000 | -6,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | -13,000,000 | -6,000,000 | -5,000,000 | -6,000,000 | 3,000,000 | 8,000,000 | -4,000,000 | 9,000,000 | 0 | 7,000,000 | ||||||||||||||||||||||||
net increase/(decrease) in cash and cash equivalents | 90,000,000 | -417,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 1,987,000,000 | 0 | 0 | 0 | 2,041,000,000 | 0 | 0 | 0 | 3,581,000,000 | 0 | 0 | 0 | 3,485,000,000 | 0 | 0 | 0 | 3,604,000,000 | 0 | 0 | 0 | 1,934,000,000 | 0 | 0 | 0 | 1,602,000,000 | 0 | 0 | 0 | 1,564,000,000 | 0 | 0 | 0 | 727,000,000 | 0 | 0 | 0 | 1,154,000,000 | 0 | 0 | 0 | 882,000,000 | 0 | 0 | 610,000,000 | 0 | 0 | 317,000,000 | ||
cash and cash equivalents at end of period | 649,000,000 | -286,000,000 | 1,721,000,000 | 273,000,000 | 140,000,000 | -401,000,000 | 1,975,000,000 | 287,000,000 | 37,000,000 | -392,000,000 | 2,109,000,000 | 1,074,000,000 | -145,000,000 | -483,000,000 | 3,135,000,000 | 211,000,000 | -384,000,000 | 56,000,000 | 3,602,000,000 | -50,000,000 | 301,000,000 | 1,402,000,000 | 1,951,000,000 | 119,000,000 | 60,000,000 | 27,000,000 | 1,728,000,000 | 316,000,000 | -272,000,000 | -96,000,000 | 1,654,000,000 | -417,000,000 | 1,276,000,000 | 76,000,000 | 629,000,000 | 76,000,000 | -7,000,000 | -17,000,000 | 675,000,000 | 562,000,000 | 48,000,000 | -15,000,000 | 559,000,000 | 20,000,000 | 72,000,000 | 506,000,000 | 20,000,000 | -99,000,000 | 468,000,000 | ||
supplemental cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 107,000,000 | 428,000,000 | 47,000,000 | 176,000,000 | 422,000,000 | 59,000,000 | 128,000,000 | 438,000,000 | 20,000,000 | 155,000,000 | 290,000,000 | 26,000,000 | 97,000,000 | 283,000,000 | 32,000,000 | 214,000,000 | 69,000,000 | 22,000,000 | 81,000,000 | 183,000,000 | 29,000,000 | 69,000,000 | 179,000,000 | 42,000,000 | 110,000,000 | 219,000,000 | 37,000,000 | 80,000,000 | 166,000,000 | 49,000,000 | 54,000,000 | 69,000,000 | 52,000,000 | 123,000,000 | 74,000,000 | 13,000,000 | 51,000,000 | 17,000,000 | 9,000,000 | ||||||||||||
interest, net of capitalized interest | 88,000,000 | 69,000,000 | 68,000,000 | 67,000,000 | 70,000,000 | 68,000,000 | 67,000,000 | 69,000,000 | 89,000,000 | 88,000,000 | 32,000,000 | 89,000,000 | 94,000,000 | 33,000,000 | 94,000,000 | 94,000,000 | 28,000,000 | 95,000,000 | 97,000,000 | 27,000,000 | 96,000,000 | 70,000,000 | 26,000,000 | 70,000,000 | 56,000,000 | 26,000,000 | 56,000,000 | 56,000,000 | 26,000,000 | 58,000,000 | 58,000,000 | 1,000,000 | 58,000,000 | 60,000,000 | -2,000,000 | 59,000,000 | |||||||||||||||
amounts included in the measurement of lease liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating cash flows - operating leases | 22,000,000 | 18,000,000 | 16,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
financing cash flows - finance leases | 0 | 0 | 2,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | |||||||||||||||||||||||||||||||||||||||||||||||||||
excise tax accrued on net share repurchases, not paid | 4,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets - operating | 3,000,000 | 51,000,000 | 7,000,000 | 13,000,000 | 18,000,000 | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets - finance | 0 | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -286,000,000 | -266,000,000 | 140,000,000 | -401,000,000 | -66,000,000 | 37,000,000 | -392,000,000 | -1,472,000,000 | -350,000,000 | ||||||||||||||||||||||||||||||||||||||||||
dividends declared, not paid | -2,000,000 | 224,000,000 | -1,000,000 | 198,000,000 | -1,000,000 | 174,000,000 | 0 | 153,000,000 | 0 | 119,000,000 | 0 | 95,000,000 | -1,000,000 | 79,000,000 | 0 | 61,000,000 | 0 | 52,000,000 | -2,000,000 | 49,000,000 | 42,000,000 | 36,000,000 | 0 | 0 | 33,000,000 | ||||||||||||||||||||||||||
increase in short-term borrowings | 21,000,000 | 1,000,000 | 1,000,000 | -1,000,000 | 6,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income/(gain) on sale of businesses, excluding transaction costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit plan contribution from pfizer inc. | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | ||||||||||||||||||
proceeds from derivative instrument activity | 51,000,000 | -10,000,000 | 11,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses, net of cash sold | |||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease)/increase in short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease)/increase in cash and cash equivalents | 211,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on assets held for sale | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of businesses, excluding transaction costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of treasury stock | -533,000,000 | -339,000,000 | -235,000,000 | -250,000,000 | -324,000,000 | -283,000,000 | -405,000,000 | -377,000,000 | -451,000,000 | -361,000,000 | -198,000,000 | -198,000,000 | -166,000,000 | -181,000,000 | 0 | 0 | 0 | -250,000,000 | -150,000,000 | -150,000,000 | -150,000,000 | ||||||||||||||||||||||||||||||
increase/(decrease) in short-term borrowings | -1,000,000 | 3,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of business, excluding transaction costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions | -148,000,000 | 0 | -7,000,000 | -3,000,000 | -89,000,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds on derivative instrument activity | 20,000,000 | -10,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business, net of cash sold | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
amounts included in the measurement of lease liabilities | 14,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets | 41,000,000 | 20,000,000 | 13,000,000 | 5,000,000 | 22,000,000 | 19,000,000 | 23,000,000 | 0 | 7,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||
net income/(gain) on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from/(payments of) derivative instrument activity | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of a noncontrolling interest, net of cash acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in)/provided by financing activities | -314,000,000 | -919,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
settlement on swaps designated as net investment hedges | 34,000,000 | 6,000,000 | 15,000,000 | -15,000,000 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on treasury locks | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and redemptions of investments | 12,000,000 | 13,000,000 | 40,000,000 | 36,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
settlements on swaps designated as net investment hedges | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income/(gain) on sale of assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -50,000,000 | 301,000,000 | 1,402,000,000 | 17,000,000 | 27,000,000 | 126,000,000 | 221,000,000 | 20,000,000 | -99,000,000 | 151,000,000 | |||||||||||||||||||||||||||||||||||||||||
net gain on sale of assets | -1,000,000 | -1,000,000 | -17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other acquisitions | -3,000,000 | -5,000,000 | -30,000,000 | -72,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net gain on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of abaxis, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds on swaps designated as net investment hedges | -4,000,000 | 24,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt—senior notes, net of discount and fees | 0 | 0 | 1,000,000 | 0 | 2,624,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration related to previously acquired assets | -1,000,000 | 0 | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation-related proceeds, net of taxes paid on withholding shares and excess tax benefits | 1,000,000 | 7,000,000 | 14,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by/(used in) financing activities | -597,000,000 | -93,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | 423,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain)/loss on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sales of assets | 48,000,000 | 0 | 0 | 8,000,000 | 36,000,000 | 0 | 1,000,000 | 1,000,000 | 13,000,000 | 75,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||
acquisition of a noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | -103,000,000 | -63,000,000 | 0 | 2,000,000 | 1,000,000 | 3,000,000 | -1,000,000 | 4,000,000 | 10,000,000 | -3,000,000 | 9,000,000 | -5,000,000 | 7,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income before noncontrolling interests to net cash | |||||||||||||||||||||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring | 5,000,000 | 2,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
issuance of commercial paper | |||||||||||||||||||||||||||||||||||||||||||||||||||
contingent purchase price consideration | 2,000,000 | 2,000,000 | 0 | 27,000,000 | 0 | 0 | 22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss/(gain) on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency loss related to venezuela revaluation, excluding impact on cash | |||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures and transfers with pfizer inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid to settle pharmaq debt | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by/(used in) in financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in)/provided by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
milestone payment related to previously acquired intangibles | |||||||||||||||||||||||||||||||||||||||||||||||||||
other net financing activities with pfizer inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, net of payments | 2,000,000 | -4,000,000 | -18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of abbott animal health | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of pharmaq, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation-related proceeds and excess tax benefits | 7,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
consideration paid to pfizer inc. in connection with the separation | |||||||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||
intangible asset acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income before noncontrolling interests to net cash provided by/(used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by/(used in) operating activities | 60,000,000 | 281,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash provided by/ | |||||||||||||||||||||||||||||||||||||||||||||||||||
zoetis inc. senior notes transferred to pfizer inc. in connection with the separation | 0 | 0 | 992,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash proceeds from the sale of property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||
interest | |||||||||||||||||||||||||||||||||||||||||||||||||||
provided by/(used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of transfers with pfizer inc. | 68,000,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
