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Common Stock: Retained Earnings: Fiscal Balance at beginning of year 11090 16,449 in millions, except per share data 2019 Net earnings Net sales $ 110,230

Common Stock: Retained Earnings:
Fiscal Balance at beginning of year 11090 16,449
in millions, except per share data 2019 Net earnings
Net sales $ 110,230 Cash dividends
Cost of sales Balance at end of year 11090 21,729
Gross profit 37,577
Operating expenses: Financial Statement 4
Selling, general and administrative 19,740 Fiscal
Depreciation and amortization 1,989 in millions 2019
Total operating expenses 21,729 Cash Flows from Operating Activities:
Losses 1,128 Net cash provided by operating activities 13,723
Income tax expense 3,473
Net earnings Cash Flows from Investing Activities:
Net cash used in investing activities
Cash Flows from Financing Activities:
Net cash used in financing activities (10,834)
Change in cash and cash equivalents 355
Cash and cash equivalents at beginning of year 1,778
Cash and cash equivalents at end of year $ 2,133

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