| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 | Dec'10 | Sep'10 | Jun'10 | Mar'10 | Dec'09 | Sep'09 | Jun'09 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||||||||||||||||||||||||||||||||||||
Net earnings | ||||||||||||||||||||||||||||||||||||||||||||
260,000 | 27,000 | 267,000 | 259,000 | 209,000 | 35,000 | 413,000 | 346,000 | 290,000 | 491,000 | 324,000 | 294,000 | 279,000 | 118,000 | 233,000 | 257,000 | 251,000 | 125,000 | 258,000 | 299,000 | 172,000 | 17,000 | 212,000 | 294,000 | 234,000 | 349,000 | 309,000 | 266,000 | 248,000 | -52,000 | 157,000 | 180,000 | 159,000 | 13,000 | 174,000 | 220,000 | 240,000 | 8,000 | 170,000 | 148,000 | 101,000 | -79,000 | 101,000 | 65,000 | 2,000 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||||||||||||||||||||||
139,000 | 149,000 | 151,000 | 156,000 | 155,000 | 153,000 | 151,000 | 148,000 | 152,000 | 147,000 | 148,000 | 147,000 | 145,000 | 144,000 | 145,000 | 144,000 | 147,000 | 142,000 | 142,000 | 142,000 | 145,000 | 122,000 | 111,000 | 110,000 | 107,000 | 107,000 | 108,000 | 108,000 | 110,000 | 108,000 | 112,000 | 71,000 | 69,000 | 69,000 | 69,000 | 67,000 | 68,000 | 68,000 | 73,000 | 70,000 | 69,000 | 71,000 | 69,000 | 67,000 | 67,000 |
Asset impairment charges | ||||||||||||||||||||||||||||||||||||||||||||
9,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 18,000 | 0 | 89,000 | 2,000 | 42,000 | 0 | 8,000 | 22,000 | 0 | 6,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gains from sale of assets and businesses | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 18,000 | 52,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Gain from property insurance | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 15,000 | 50,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Provision for deferred income taxes | ||||||||||||||||||||||||||||||||||||||||||||
12,000 | 10,000 | 2,000 | 7,000 | 4,000 | -66,000 | 10,000 | -6,000 | 11,000 | -464,000 | 34,000 | 5,000 | 31,000 | 88,000 | 42,000 | 38,000 | 9,000 | 78,000 | 59,000 | -46,000 | 16,000 | 41,000 | -3,000 | 29,000 | 32,000 | 213,000 | 72,000 | 20,000 | 26,000 | -15,000 | 40,000 | 10,000 | 13,000 | -27,000 | 19,000 | 26,000 | -40,000 | -5,000 | 40,000 | -4,000 | 16,000 | -10,000 | 25,000 | 153,000 | -13,000 |
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures: | ||||||||||||||||||||||||||||||||||||||||||||
(Increase) decrease in trade receivables | ||||||||||||||||||||||||||||||||||||||||||||
72,000 | -220,000 | -30,000 | -69,000 | 149,000 | -245,000 | 16,000 | -10,000 | 223,000 | -135,000 | 22,000 | 17,000 | 149,000 | -76,000 | -46,000 | 7,000 | 144,000 | -168,000 | -49,000 | 12,000 | 91,000 | -137,000 | -73,000 | 73,000 | 118,000 | -81,000 | -95,000 | 59,000 | 155,000 | -111,000 | -40,000 | 0 | 103,000 | -74,000 | -65,000 | -17,000 | 229,000 | 755,000 | 36,000 | -19,000 | -414,000 | 33,000 | 17,000 | -57,000 | 5,000 |
(Increase) decrease in inventories | ||||||||||||||||||||||||||||||||||||||||||||
18,000 | -42,000 | -26,000 | 26,000 | 122,000 | -37,000 | 103,000 | 78,000 | 80,000 | -72,000 | 35,000 | 26,000 | 82,000 | -42,000 | 29,000 | -43,000 | 2,000 | 3,000 | 66,000 | -22,000 | -21,000 | -15,000 | 22,000 | -62,000 | 116,000 | -8,000 | -21,000 | -18,000 | 53,000 | -8,000 | -32,000 | 16,000 | -14,000 | -69,000 | 104,000 | 72,000 | 49,000 | 260,000 | -10,000 | -32,000 | -58,000 | -241,000 | -50,000 | 121,000 | 70,000 |
Increase (decrease) in trade payables | ||||||||||||||||||||||||||||||||||||||||||||
-104,000 | 156,000 | -95,000 | -46,000 | -42,000 | 83,000 | 17,000 | -18,000 | 8,000 | 143,000 | 8,000 | -2,000 | -26,000 | 73,000 | 10,000 | -14,000 | -62,000 | 37,000 | -30,000 | -1,000 | -108,000 | -18,000 | 32,000 | -23,000 | -21,000 | 65,000 | -35,000 | -5,000 | -27,000 | -3,000 | 44,000 | -11,000 | -20,000 | -85,000 | -36,000 | 62,000 | 8,000 | 96,000 | -34,000 | -4,000 | 94,000 | 24,000 | 47,000 | -38,000 | -17,000 |
Pension and other postretirement contributions (in excess of) less than expenses | ||||||||||||||||||||||||||||||||||||||||||||
52,000 | 22,000 | 32,000 | 29,000 | 36,000 | 40,000 | 34,000 | 42,000 | 36,000 | 34,000 | 25,000 | 20,000 | 36,000 | 195,000 | 83,000 | 28,000 | 23,000 | 68,000 | 110,000 | 16,000 | 23,000 | 100,000 | 31,000 | 33,000 | 12,000 | 29,000 | 78,000 | 17,000 | 25,000 | 12,000 | 40,000 | 18,000 | 27,000 | 222,000 | -7,000 | 2,000 | -114,000 | - | - | - | - | - | - | - | - |
Variable compensation (in excess of) less than expenses | ||||||||||||||||||||||||||||||||||||||||||||
74,000 | -53,000 | -30,000 | -32,000 | 77,000 | -32,000 | -47,000 | -53,000 | 77,000 | -53,000 | -52,000 | -50,000 | 84,000 | -36,000 | -48,000 | -42,000 | 109,000 | -51,000 | -44,000 | -56,000 | 80,000 | -35,000 | -45,000 | -40,000 | 93,000 | -52,000 | -39,000 | -48,000 | 57,000 | -31,000 | -31,000 | -35,000 | 71,000 | -1,000 | 31,000 | 37,000 | -82,000 | - | - | - | - | - | - | - | - |
Other items, net | ||||||||||||||||||||||||||||||||||||||||||||
71,000 | -179,000 | 37,000 | 0 | 53,000 | 120,000 | -90,000 | 45,000 | -30,000 | 123,000 | 47,000 | 0 | -26,000 | -144,000 | 8,000 | 27,000 | -16,000 | -69,000 | 4,000 | 145,000 | -50,000 | -71,000 | 101,000 | 18,000 | -51,000 | -68,000 | -18,000 | -23,000 | -62,000 | -20,000 | -72,000 | 65,000 | -15,000 | 47,000 | 1,000 | -134,000 | 104,000 | -31,000 | 22,000 | 12,000 | 12,000 | -36,000 | 114,000 | -89,000 | 23,000 |
Increase (decrease) in liabilities for employee benefits and incentive pay | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,000 | 35,000 | -45,000 | - | 8,000 | 33,000 | -55,000 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||||||||||||||||||||||||||
171,000 | 671,000 | 416,000 | 422,000 | -5,000 | 740,000 | 395,000 | 443,000 | -35,000 | 646,000 | 528,000 | 431,000 | 52,000 | 390,000 | 450,000 | 494,000 | 51,000 | 574,000 | 368,000 | 591,000 | 91,000 | 484,000 | 560,000 | 419,000 | -30,000 | 503,000 | 427,000 | 362,000 | 5,000 | 440,000 | 353,000 | 316,000 | 19,000 | 352,000 | 212,000 | 207,000 | -146,000 | 278,000 | 316,000 | 206,000 | -225,000 | 90,000 | 331,000 | 255,000 | 82,000 |
Investing activities | ||||||||||||||||||||||||||||||||||||||||||||
Additions to properties and equipment | ||||||||||||||||||||||||||||||||||||||||||||
99,000 | 117,000 | 110,000 | 92,000 | 106,000 | 147,000 | 137,000 | 116,000 | 128,000 | 211,000 | 159,000 | 146,000 | 133,000 | 251,000 | 141,000 | 124,000 | 110,000 | 226,000 | 160,000 | 141,000 | 125,000 | 187,000 | 152,000 | 132,000 | 122,000 | 171,000 | 125,000 | 100,000 | 87,000 | 168,000 | 120,000 | 87,000 | 90,000 | 124,000 | 127,000 | 109,000 | 97,000 | 110,000 | 57,000 | 45,000 | 31,000 | 42,000 | 64,000 | 94,000 | 110,000 |
Proceeds from property insurance | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 15,000 | 50,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from redemption of short-term time deposits | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 80,000 | 120,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of assets and businesses | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 13,000 | 0 | 1,000 | 0 | 0 | 35,000 | 6,000 | 0 | 0 | 0 | 4,000 | 0 | 1,000 | 8,000 | 4,000 | 25,000 | 1,000 | 0 | 5,000 | 0 | 1,000 | 0 | 6,000 | 0 | 7,000 | 27,000 | 617,000 | 2,000 | 0 | 7,000 | 4,000 | 5,000 | 0 | 1,000 | 24,000 |
Acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||
0 | 0 | 29,000 | 0 | 19,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 4,000 | 1,000 | 21,000 | 0 | 45,000 | 0 | 0 | - | - | - | - | - | - | - | - | 1,000 | 2,658,000 | 0 | 10,000 | 310,000 | -154,000 | 0 | 0 | 379,000 | 0 | -171,000 | -18,000 | -16,000 | -16,000 | -16,000 | -20,000 |
Additions to short-term time deposits | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 200,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Additions to capitalized software | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 1,000 | - | 1,000 | 0 | 1,000 | 1,000 | 1,000 | 2,000 | 1,000 | 2,000 | 2,000 | 3,000 | 2,000 | 2,000 | 2,000 | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
Other items, net | ||||||||||||||||||||||||||||||||||||||||||||
2,000 | 3,000 | 2,000 | 2,000 | 0 | - | - | - | - | - | - | - | - | 45,000 | 2,000 | -4,000 | 1,000 | 0 | -3,000 | 2,000 | 1,000 | - | - | - | - | - | - | - | - | -3,000 | -2,000 | 0 | 35,000 | -2,000 | -33,000 | -5,000 | 11,000 | 8,000 | 7,000 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||||||||||||||||||||||||
-101,000 | -120,000 | -141,000 | -94,000 | -125,000 | -148,000 | -136,000 | -101,000 | -78,000 | -213,000 | -147,000 | -147,000 | -136,000 | -296,000 | -147,000 | -86,000 | -126,000 | -226,000 | -202,000 | -143,000 | -122,000 | -3,373,000 | -194,000 | -405,000 | -119,000 | -149,000 | -117,000 | -108,000 | -83,000 | -167,000 | -2,776,000 | -9,000 | -10,000 | -126,000 | -243,000 | -80,000 | 307,000 | -119,000 | -66,000 | -210,000 | -47,000 | -56,000 | -87,000 | -118,000 | -108,000 |
Financing activities | ||||||||||||||||||||||||||||||||||||||||||||
Net increase (decrease) in commercial paper and other borrowings | ||||||||||||||||||||||||||||||||||||||||||||
539,000 | -219,000 | -90,000 | -131,000 | 370,000 | -485,000 | 71,000 | 69,000 | 199,000 | -90,000 | 166,000 | -95,000 | 0 | 105,000 | -47,000 | -290,000 | 82,000 | 38,000 | 0 | 64,000 | 93,000 | -5,000 | -211,000 | -231,000 | 257,000 | 125,000 | 0 | 100,000 | 200,000 | 0 | 0 | 0 | -1,000 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | -1,000 | 2,000 | -20,000 | 14,000 | 3,000 | 6,000 |
Proceeds from borrowings | ||||||||||||||||||||||||||||||||||||||||||||
0 | 125,000 | 110,000 | 100,000 | 125,000 | 1,114,000 | 140,000 | 75,000 | 275,000 | 75,000 | 100,000 | 250,000 | 250,000 | 1,041,000 | 0 | 807,000 | 0 | - | - | - | - | 2,950,000 | 0 | 490,000 | 125,000 | 0 | 0 | 150,000 | 0 | 0 | 1,200,000 | 2,306,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayment of borrowings | ||||||||||||||||||||||||||||||||||||||||||||
0 | 375,000 | 110,000 | 100,000 | 175,000 | 1,081,000 | 265,000 | 253,000 | 175,000 | 275,000 | 500,000 | 250,000 | 0 | 1,169,000 | 150,000 | 797,000 | 10,000 | 275,000 | 50,000 | 625,000 | 0 | - | - | - | - | 300,000 | 250,000 | 355,000 | 200,000 | 200,000 | 1,520,000 | 146,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Dividends paid to stockholders | ||||||||||||||||||||||||||||||||||||||||||||
90,000 | 85,000 | 85,000 | 86,000 | 87,000 | 78,000 | 80,000 | 80,000 | 80,000 | 73,000 | 74,000 | 74,000 | 75,000 | 68,000 | 68,000 | 68,000 | 68,000 | 59,000 | 60,000 | 60,000 | 59,000 | 51,000 | 53,000 | 53,000 | 53,000 | 46,000 | 47,000 | 46,000 | 1,000 | 85,000 | 36,000 | 35,000 | 36,000 | 36,000 | 33,000 | 33,000 | 34,000 | 31,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 |
Treasury stock purchases | ||||||||||||||||||||||||||||||||||||||||||||
30,000 | 0 | 75,000 | 125,000 | 125,000 | 25,000 | 125,000 | 150,000 | 100,000 | 75,000 | 100,000 | 100,000 | 75,000 | 25,000 | 75,000 | 25,000 | 20,000 | 55,000 | 17,000 | 5,000 | 26,000 | 0 | 50,000 | 100,000 | 260,000 | 125,000 | 35,000 | 46,000 | 32,000 | 0 | 0 | 0 | 0 | 24,000 | 115,000 | 103,000 | 74,000 | 212,000 | 15,000 | 33,000 | 20,000 | 21,000 | 0 | 0 | 0 |
Dividends paid to noncontrolling interest | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 3,000 | 1,000 | 2,000 | 0 | 0 | 6,000 | 3,000 | 0 | 3,000 | 4,000 | 3,000 | 0 | 3,000 | 1,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other items, net | ||||||||||||||||||||||||||||||||||||||||||||
-11,000 | -2,000 | -1,000 | 4,000 | -6,000 | -3,000 | -2,000 | 2,000 | -3,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from stock option exercises and other items, net | ||||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,000 | - | 8,000 | 8,000 | 0 | -12,000 | 8,000 | 1,000 | 11,000 | -4,000 | -8,000 | -2,000 | 32,000 | 4,000 | 8,000 | 1,000 | 46,000 | 24,000 | 17,000 | 0 | 15,000 | 2,000 | -8,000 | 5,000 | 70,000 | 77,000 | 8,000 | 21,000 | 12,000 | 2,000 | 6,000 | 4,000 | 5,000 |
Net cash provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||
408,000 | -556,000 | -250,000 | -339,000 | 102,000 | -558,000 | -259,000 | -339,000 | 116,000 | -438,000 | -410,000 | -260,000 | 102,000 | -117,000 | -336,000 | -369,000 | -16,000 | -363,000 | -122,000 | -376,000 | 17,000 | 2,890,000 | -322,000 | -27,000 | 98,000 | -342,000 | -327,000 | -200,000 | 10,000 | -261,000 | -342,000 | 2,124,000 | -17,000 | -97,000 | -156,000 | -133,000 | -37,000 | -285,000 | -43,000 | -45,000 | -38,000 | 92,000 | -26,000 | -27,000 | -21,000 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||
-2,000 | 2,000 | -4,000 | 2,000 | -3,000 | -1,000 | 0 | -4,000 | 0 | 1,000 | 2,000 | 1,000 | -2,000 | -3,000 | 0 | -1,000 | 0 | -1,000 | -3,000 | 0 | -4,000 | 1,000 | -7,000 | 3,000 | -1,000 | 3,000 | 5,000 | 2,000 | -3,000 | 0 | 2,000 | 0 | 0 | 0 | 1,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Net change in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||
476,000 | -3,000 | 21,000 | -9,000 | -31,000 | 33,000 | 0 | -1,000 | 3,000 | -4,000 | -27,000 | 25,000 | 16,000 | -26,000 | -33,000 | 38,000 | -91,000 | -16,000 | 41,000 | 72,000 | -18,000 | 2,000 | 37,000 | -10,000 | -52,000 | 15,000 | -12,000 | 56,000 | -71,000 | 12,000 | -2,763,000 | 2,431,000 | -8,000 | 129,000 | -186,000 | -6,000 | 124,000 | -126,000 | 207,000 | -48,000 | -310,000 | 125,000 | 218,000 | 110,000 | -47,000 |