Question
Consider the following excerpt from Cameron Inc.'s 2021 Cash Flow Statement. All numbers are listed in millions of dollars. 2021 2020 2019 Operating activities:
Consider the following excerpt from Cameron Inc.'s 2021 Cash Flow Statement. All numbers are listed in millions of dollars. 2021 2020 2019 Operating activities: Net income 2,950 2,920 2,620 Adjustments to reconcile net earnings to cash provided by operations: Depreciation and amortization Loss/(gain) on sale of PP&E 00 2,494 2,496 2,338 60 217 17 Changes in operating assets and liabilities: Accounts receivable 40 (22) 57 Inventory (920) (448) (205) Other current assets (195) (200) 43 Accounts payable 127 307 330 Deferred revenue 23 42 (5) Cash provided by operating activities 4,659 5,392 5,195
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