Table 3: Condensed consolidated statement of cash flows (unaudited)
| ($ in millions) | Three months ended | Full-year | |||||||||||||||||
| December 31, 2022 | October 2, 2022 | December 31, 2021 | 2022 | 2021 | |||||||||||||||
| Cash flows from operating activities: | |||||||||||||||||||
| Net income (loss) | $ | 734 | $ | 750 | $ | 610 | $ | 2,833 | $ | 1,906 | |||||||||
| Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities: | |||||||||||||||||||
| Depreciation and amortization | 302 | 321 | 310 | 1,250 | 1,262 | ||||||||||||||
| Stock-based compensation | 97 | 89 | 88 | 364 | 353 | ||||||||||||||
| Amortization of discount (premium) on debt, net | — | 1 | — | 2 | 1 | ||||||||||||||
| Amortization of debt issuance costs | 2 | 2 | 2 | 7 | 7 | ||||||||||||||
| Net (gain) loss on sale of assets | 2 | (1 | ) | (1 | ) | — | (1 | ) | |||||||||||
| (Gain) loss on extinguishment of debt | — | — | 22 | 18 | 22 | ||||||||||||||
| Results relating to equity-accounted investees | 6 | 4 | 2 | 1 | 2 | ||||||||||||||
| (Gain) loss on equity securities, net | (2 | ) | 2 | 4 | 4 | 2 | |||||||||||||
| Deferred tax expense (benefit) | (40 | ) | (98 | ) | (26 | ) | (236 | ) | (20 | ) | |||||||||
| Changes in operating assets and liabilities: | |||||||||||||||||||
| (Increase) decrease in receivables and other current assets | 59 | (54 | ) | 38 | (106 | ) | (176 | ) | |||||||||||
| (Increase) decrease in inventories | (201 | ) | (119 | ) | (16 | ) | (593 | ) | (159 | ) | |||||||||
| Increase (decrease) in accounts payable and other liabilities | 88 | 275 | 6 | 633 | 248 | ||||||||||||||
| (Increase) decrease in other non-current assets | 19 | (37 | ) | (244 | ) | (306 | ) | (350 | ) | ||||||||||
| Exchange differences | 19 | 1 | (2 | ) | 17 | (5 | ) | ||||||||||||
| Other items | (9 | ) | 8 | (8 | ) | 7 | (15 | ) | |||||||||||
| Net cash provided by (used for) operating activities | 1,076 | 1,144 | 785 | 3,895 | 3,077 | ||||||||||||||
| Cash flows from investing activities: | |||||||||||||||||||
| Purchase of identified intangible assets | (37 | ) | (50 | ) | (33 | ) | (159 | ) | (132 | ) | |||||||||
| Capital expenditures on property, plant and equipment | (233 | ) | (282 | ) | (266 | ) | (1,063 | ) | (767 | ) | |||||||||
| Purchase of equipment leased to others | — | — | (19 | ) | (5 | ) | (33 | ) | |||||||||||
| Insurance recoveries received for equipment damage | — | — | 3 | — | 10 | ||||||||||||||
| Proceeds from the disposals of property, plant and equipment | — | 1 | — | 2 | 1 | ||||||||||||||
| Purchase of interests in businesses, net of cash acquired | — | (22 | ) | (6 | ) | (27 | ) | (23 | ) | ||||||||||
| Purchase of investments | (11 | ) | (7 | ) | (2 | ) | (20 | ) | (8 | ) | |||||||||
| Proceeds from the sale of investments | 1 | — | — | 13 | 8 | ||||||||||||||
| Proceeds from return of equity investments | 8 | — | 7 | 10 | 10 | ||||||||||||||
| Net cash provided by (used for) investing activities | (272 | ) | (360 | ) | (316 | ) | (1,249 | ) | (934 | ) | |||||||||
| Cash flows from financing activities: | |||||||||||||||||||
| Repurchase of long-term debt | — | — | (1,021 | ) | (917 | ) | (1,021 | ) | |||||||||||
| Proceeds from the issuance of long-term debt | — | — | 2,000 | 1,496 | 4,000 | ||||||||||||||
| Cash paid for debt issuance costs | (1 | ) | — | (25 | ) | (14 | ) | (47 | ) | ||||||||||
| Dividends paid to common stockholders | (221 | ) | (223 | ) | (150 | ) | (815 | ) | (562 | ) | |||||||||
| Proceeds from issuance of common stock through stock plans | 1 | 30 | 2 | 59 | 62 | ||||||||||||||
| Purchase of treasury shares and restricted stock unit withholdings 1) | (506 | ) | 1) | (366 | ) | (750 | ) | (1,426 | ) | (4,015 | ) | ||||||||
| Other, net | (1 | ) | — | (1 | ) | (2 | ) | (2 | ) | ||||||||||
| Net cash provided by (used for) financing activities | (728 | ) | (559 | ) | 55 | (1,619 | ) | (1,585 | ) | ||||||||||
| Effect of changes in exchange rates on cash positions | 10 | (11 | ) | 3 | (12 | ) | (3 | ) | |||||||||||
| Increase (decrease) in cash and cash equivalents | 86 | 214 | 527 | 1,015 | 555 | ||||||||||||||
| Cash and cash equivalents at beginning of period | 3,759 | 3,545 | 2,303 | 2,830 | 2,275 | ||||||||||||||
| Cash and cash equivalents at end of period | 3,845 | 3,759 | 2,830 | 3,845 | 2,830 | ||||||||||||||
| Net cash paid during the period for: | |||||||||||||||||||
| Interest | 106 | 39 | 140 | 323 | 356 | ||||||||||||||
| Income taxes, net of refunds | 126 | 160 | 103 | 558 | 353 | ||||||||||||||
| Net gain (loss) on sale of assets: | |||||||||||||||||||
| Cash proceeds from the sale of assets | — | 1 | 1 | 2 | 1 | ||||||||||||||
| Book value of these assets | (2 | ) | — | — | (2 | ) | — | ||||||||||||
| Non-cash investing activities: | |||||||||||||||||||
| Non-cash capital expenditures | 232 | 176 | 243 | 232 | 243 | ||||||||||||||
