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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Oct. 02, 2011
Oct. 03, 2010
CASH FLOW FROM OPERATING ACTIVITIES  
Net earnings$ 9,454$ 11,392
Adjustments to reconcile net earnings to cash flows from operating activities:  
Depreciation and amortization of property and intangibles2,3152,170
Stock based compensation484474
Deferred tax provision(849)644
Accounts receivable allowances(21)30
Changes in assets and liabilities, net of effects from acquisitions:  
Increase in accounts receivable(489)(585)
Increase in inventories(787)(197)
Decrease in accounts payable and accrued liabilities(100)(1,552)
Increase in other current and non-current assets(906)(310)
Increase in other current and non-current liabilities1,746495
NET CASH FLOWS FROM OPERATING ACTIVITIES10,84712,561
CASH FLOWS FROM INVESTING ACTIVITIES  
Additions to property, plant and equipment(1,765)(1,425)
Proceeds from the disposal of assets721324
Acquisitions, net of cash acquired(2,469)(1,269)
Purchases of investments(25,444)(10,679)
Sales of investments18,4386,669
Other(331)(70)
NET CASH USED BY INVESTING ACTIVITIES(10,850)(6,450)
CASH FLOWS FROM FINANCING ACTIVITIES  
Dividends to shareholders(4,601)(4,323)
Repurchase of common stock(1,672)(1,512)
Proceeds from short-term debt7,2161,896
Retirement of short-term debt(10,044)(5,390)
Proceeds from long-term debt4,4711,079
Retirement of long-term debt(12)(21)
Proceeds from the exercise of stock options/ excess tax benefits946685
NET CASH USED BY FINANCING ACTIVITIES(3,696)(7,586)
Effect of exchange rate changes on cash and cash equivalents(39)3
Decrease in cash and cash equivalents(3,738)(1,472)
Cash and Cash equivalents, beginning of period19,35515,810
CASH AND CASH EQUIVALENTS, END OF PERIOD15,61714,338
Acquisitions  
Fair value of assets acquired2,6891,321
Fair value of liabilities assumed and non-controlling interests(220)(52)
Net cash paid for acquisitions$ 2,469$ 1,269