| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||||
Net earnings | ||||||||||||
2,328 | 2,224 | 1,550 | 1,664 | 2,733 | 2,184 | 2,066 | 2,024 | 2,530 | 2,217 | 1,771 | 2,486 | 2,136 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||||||||
0 | 0 | -125 | 45 | 193 | -54 | - | - | - | - | - | - | - |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
822 | 758 | 636 | 568 | 573 | 569 | 819 | 823 | 867 | 816 | 727 | 707 | 656 |
Stock compensation | ||||||||||||
120 | 216 | 110 | - | - | - | - | - | - | - | - | - | - |
Pension expense | ||||||||||||
2 | 49 | 127 | - | - | - | - | - | - | - | - | - | - |
Payment for Pension Benefits | ||||||||||||
60 | 61 | 45 | 66 | 53 | 130 | 160 | 163 | 142 | -247 | -303 | -135 | -136 |
Net income tax expense (benefit), tax reform | ||||||||||||
0 | -189 | 0 | - | - | - | - | - | - | - | - | - | - |
Changes in operating working capital | ||||||||||||
150 | 83 | -160 | -93 | 181 | -159 | -42 | 340 | 301 | 309 | 620 | -22 | 137 |
Gains on divestitures of businesses, after tax | ||||||||||||
- | - | - | - | 611 | 0 | 0 | - | - | - | - | - | - |
Income taxes paid on divestiture gains | ||||||||||||
- | - | - | - | 424 | 0 | 0 | - | - | - | - | - | - |
Goodwill impairment, after tax | ||||||||||||
- | - | - | - | - | - | 496 | 528 | 19 | 0 | - | - | - |
Other, net | ||||||||||||
-56 | -22 | 27 | 285 | 196 | 163 | 386 | 181 | 260 | 197 | 271 | 257 | 223 |
Cash from continuing operations | ||||||||||||
3,006 | 2,892 | 2,690 | 2,499 | 2,040 | 2,999 | - | - | - | - | - | - | - |
Cash from discontinued operations | ||||||||||||
0 | 0 | -778 | 382 | 489 | 693 | - | - | - | - | - | - | - |
Cash provided by operating activities | ||||||||||||
3,006 | 2,892 | 1,912 | 2,881 | 2,529 | 3,692 | 3,649 | 3,053 | 3,233 | 3,292 | 3,086 | 3,293 | 3,016 |
Investing activities | ||||||||||||
Capital expenditures | ||||||||||||
594 | 617 | 476 | 447 | 588 | 651 | 678 | 665 | 647 | 524 | 531 | 714 | -681 |
Purchases of businesses, net of cash and equivalents acquired | ||||||||||||
469 | 2,200 | 3,000 | 132 | 324 | 610 | 19 | 187 | 232 | 2,843 | 776 | 561 | -295 |
Divestitures of businesses | ||||||||||||
14 | 201 | 39 | 0 | 1,812 | 363 | 3 | 125 | 103 | 846 | 4 | 201 | - |
Other, net | ||||||||||||
125 | 101 | 106 | -30 | 221 | 155 | 95 | 79 | 72 | -4 | 6 | -2 | 106 |
Cash from continuing operations | ||||||||||||
-1,174 | -2,720 | -3,533 | -549 | 679 | -1,053 | - | - | - | - | - | - | - |
Cash from discontinued operations | ||||||||||||
0 | 0 | 5,047 | -77 | -88 | -106 | - | - | - | - | - | - | - |
Cash used in investing activities | ||||||||||||
-1,174 | -2,720 | 1,514 | -626 | 591 | -1,159 | -789 | -806 | -848 | -2,517 | -1,309 | -1,072 | -870 |
Financing activities | ||||||||||||
Net increase in short-term borrowings | ||||||||||||
-6 | 343 | -1,635 | -34 | 1,116 | 180 | 45 | 348 | 185 | 398 | -684 | 521 | -800 |
Proceeds from short-term borrowings greater than three months | ||||||||||||
- | - | - | 1,264 | 2,515 | 2,952 | 1,530 | 0 | - | - | - | - | - |
Payments of short-term borrowings greater than three months | ||||||||||||
0 | 0 | 90 | 1,174 | 3,286 | 2,510 | 1,201 | 0 | - | - | - | - | - |
Proceeds from long-term debt | ||||||||||||
1,691 | 0 | 0 | - | 1,000 | 1 | 496 | 4 | 1 | 598 | 1,246 | 400 | 496 |
Payments of long-term debt | ||||||||||||
656 | 241 | 254 | 254 | 504 | 329 | 521 | 262 | 57 | 680 | 678 | 261 | -5 |
Dividends paid | ||||||||||||
1,209 | 1,229 | 1,239 | 1,227 | 1,269 | 1,210 | 1,181 | 1,171 | 1,039 | 1,009 | 998 | 940 | -837 |
Purchases of common stock | ||||||||||||
1,250 | 1,000 | 400 | 601 | 2,501 | 1,048 | 1,110 | 797 | 935 | 100 | 718 | 1,120 | -853 |
Purchase of noncontrolling interests | ||||||||||||
- | - | - | - | - | 574 | 10 | 14 | - | - | - | - | - |
Other, net | ||||||||||||
39 | 35 | 27 | -19 | -19 | -21 | 19 | -7 | -42 | 67 | -116 | -54 | 5 |
Cash provided by financing activities | ||||||||||||
-1,391 | -2,092 | -3,591 | -2,045 | -2,948 | -2,559 | -1,933 | -1,899 | -1,887 | -726 | -1,948 | -1,454 | -1,994 |
Effect of exchange rate changes on cash and equivalents | ||||||||||||
-40 | -49 | 45 | -82 | -267 | -100 | -19 | -33 | -38 | -17 | -46 | 2 | 46 |
Increase in cash and equivalents | ||||||||||||
401 | -1,969 | -120 | 128 | -95 | -126 | 908 | 315 | 460 | 32 | -217 | 769 | 198 |
Changes in operating working capital | ||||||||||||
Receivables | ||||||||||||
-51 | 175 | 25 | -162 | -241 | 163 | 84 | 536 | 475 | -341 | 1,011 | -293 | -349 |
Inventories | ||||||||||||
87 | -17 | -32 | -58 | 11 | 103 | -83 | 49 | -12 | -160 | 580 | -90 | 96 |
Other current assets | ||||||||||||
87 | 42 | 12 | 4 | 140 | -61 | 32 | -19 | -41 | -69 | 42 | 19 | 36 |
Accounts payable | ||||||||||||
-37 | 115 | 135 | -22 | -256 | 232 | 14 | 143 | 194 | -498 | 709 | -199 | 104 |
Accrued expenses | ||||||||||||
10 | 2 | 30 | -57 | -4 | 85 | 64 | 91 | -54 | -298 | 94 | -154 | 200 |
Income taxes | ||||||||||||
- | - | - | -44 | -11 | 47 | -3 | -8 | -19 | -83 | 210 | 11 | 50 |
Changes in operating working capital | ||||||||||||
150 | 83 | -160 | -93 | 181 | -159 | -42 | 340 | 301 | 309 | 620 | -22 | 137 |