Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Is the business providing cash flow from operations? Year Ended December 31 (Dollars in millions) 2023 2022 2021 Cash flows from operating activities - continuing
Is the business providing cash flow from operations? Year Ended December 31 (Dollars in millions) 2023 2022 2021 Cash flows from operating activities - continuing operations: Net earnings $ 3,315 $ 3,390 $ 3,257 Adjustments to reconcile net earnings to net cash from operating activities: Depreciation of property, plant and equipment 608 586 568 Amortization of intangible and finance lease right-of-use assets 255 298 322 Equity-based compensation expense 181 165 126 Deferred income tax benefit (177) (178) (66) (Increase) decrease in assets, net of effects of business acquisitions: Accounts receivable 38 46 138 Unbilled receivables 913 (256) (410) Inventories (2,219) (980) 405 Increase (decrease) in liabilities, net of effects of business acquisitions: Accounts payable (303) 224 194 Customer advances and deposits 2,415 2,082 354 Income taxes payable (209) (436) (45) Other, net (107) (362) (572) Net cash provided by operating activities 4,710 4,579 4,271
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started