1. Analyze the Statement of Cash Flows for the most recent year.

2. Where did the cash come from?

3. What was the cash spent on?

Please be detailed in your response.

Consolidated Statements of Cash Flows 2018 As Adjusted 2016 As Adiusted $ 2,937 $ 2,914 S 2,734 68 2,688 2.930 2.908 2,474 132 322 2.476 112 (188) 123 208 2,318 113 40 422 95 (11) 293 58 (900) (299) 1,127 89 5.970 (348) (158) 1,307 419 6,861 74 .935 (168) (394) 5,337 107 5.444 5,973 6 (millions) Operating activities Net earnings Earnings from discontinued operations, net of tax Net earnings from continuing operations Adjustments to reconcile net earnings to cash provided by operations: Depreciation and amortization Share-based compensation expense Deferred income taxes Loss on debt extinguishment Noncash losses/ (gains) and other, net Changes in operating accounts: Inventory Other assets Accounts payable Accrued and other liabilities Cash provided by operating activitiescontinuing operations Cash provided by operating activities discontinued operations Cash provided by operations Investing activities Expenditures for property and equipment Proceeds from disposal of property and equipment Cash paid for acquisitions, net of cash assumed Other investments Cash required for investing activities Financing activities Additions to long-term debt Reductions of long-term debt Dividends paid Repurchase of stock Stock option exercises Cash required for financing activities Net (decrease) / increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Supplemental information Interest paid, net of capitalized interest Income taxes paid Leased assets obtained in exchange for new finance lease liabilities Leased assets obtained in exchange for new operating lease liabilities (3.516) (2.533) 31 (518) (1.547) 48 - 15 (3.416) (55) (3.075) 28 (1.473) - (281) (1.335) (2,124) 739 (2.192) (1.338) (1.046) 108 (3.729) 131 2,512 2,643 S 1.977 (2.649) (1.348) (3.706) 221 (5.505) (1.534) 4.046 2.512 (3,644) (1,087) 2.643 1.558 5 s 478 S 373 130 248 678 S 934 139 212 999 1,514 252 1 48