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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 29, 2012
Apr. 27, 2011
Apr. 28, 2010
Operating Activities:      
Net income $ 939,908 $ 1,005,948 $ 882,343
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation 295,718 255,227 254,528
Amortization 47,075 43,433 48,308
Deferred tax (benefit)/provision (94,816) 153,725 220,528
Net losses on divestitures 0 0 44,860
Pension contributions (23,469) (22,411) (539,939)
Asset write-downs from Fiscal 2012 productivity initiatives 58,736 0 0
Other items, net 75,375 98,172 90,938
Changes in current assets and liabilities, excluding effects of acquisitions and divestitures:      
Receivables (includes proceeds from securitization) 171,832 (91,057) 121,387
Inventories 60,919 (80,841) 48,537
Prepaid expenses and other current assets (11,584) (1,682) 2,113
Accounts payable (72,352) 233,339 (2,805)
Accrued liabilities (20,008) (60,862) 96,533
Income taxes 65,783 50,652 (5,134)
Cash provided by operating activities 1,493,117 1,583,643 1,262,197
Investing Activities:      
Capital expenditures (418,734) [1] (335,646) [1] (277,642) [1]
Proceeds from disposals of property, plant and equipment 9,817 13,158 96,493
Acquisitions, net of cash acquired (3,250) (618,302) (11,428)
Proceeds from divestitures 3,828 1,939 18,637
Sale of short-term investments 56,780 0 0
Change in restricted cash (39,052) (5,000) 192,736
Other items, net (11,394) (5,781) (5,353)
Cash (used for)/provided by investing activities (402,005) (949,632) 13,443
Financing Activities:      
Payments on long-term debt (1,440,962) (45,766) (630,394)
Proceeds from long-term debt 1,912,467 229,851 447,056
Net payments on commercial paper and short-term debt (42,543) (193,200) (427,232)
Dividends (619,104) (579,618) (533,552)
Purchase of treasury stock (201,904) (70,003) 0
Exercise of stock options 82,714 154,774 67,369
Acquisition of subsidiary shares from noncontrolling interests (54,824) (6,338) (62,064)
Other items, net 1,321 27,791 (9,099)
Cash used for financing activities (362,835) (482,509) (1,147,916)
Effect of exchange rate changes on cash and cash equivalents (122,147) 89,556 (17,616)
Net increase in cash and cash equivalents 606,130 241,058 110,108
Cash and cash equivalents at beginning of year 724,311 483,253 373,145
Cash and cash equivalents at end of year $ 1,330,441 $ 724,311 $ 483,253
[1] Excludes property, plant and equipment obtained through acquisitions.