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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss)/income $ (1) $ 507
Adjustments to reconcile net (loss)/income to operating cash flows:    
Depreciation and amortization 402 429
Amortization of postretirement benefit plans prior service credits (31) (5)
Equity award compensation expense 98 6
Deferred income tax provision (562) (140)
Pension contributions (47) (59)
Impairment losses on indefinite-lived intangible assets 58 62
Nonmonetary currency devaluation 234 0
Loss on discontinuation of interest rate cash flow hedge 227 0
Write-off of debt issuance costs 236 0
Other items, net (13) 146
Changes in current assets and liabilities:    
Receivables 281 103
Inventories 23 (27)
Other current assets 15 (8)
Accounts payable (97) 185
Other current liabilities (77) 132
Net cash provided by operating activities 746 1,331
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (366) (247)
Proceeds from disposals of property, plant and equipment 8 42
Payments to acquire Kraft Foods Group, Inc., net of cash acquired (9,468) 0
Proceeds from net investment hedges 481 0
Other investing activities, net (56) (4)
Net cash used for investing activities (9,401) (209)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (12,308) (75)
Proceeds from issuance of long-term debt 14,823 2
Net repayments of short-term debt (49) (11)
Proceeds from issuance of common stock 10,000 0
Dividends paid-preferred stock (540) (540)
Dividends paid-common stock (637) 0
Other financing activities, net (98) 14
Net cash provided by/(used for) financing activities 11,191 (610)
Effect of exchange rate changes on cash and cash equivalents (397) (117)
Net increase 2,139 395
Balance at beginning of period 2,298 2,459
Balance at end of period $ 4,437 $ 2,854