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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 28, 2013
Apr. 29, 2012
Apr. 27, 2011
Operating Activities:      
Net income $ 1,027,333 $ 939,908 $ 1,005,948
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation 302,057 295,718 255,227
Amortization 46,853 47,075 43,433
Deferred tax (benefit)/provision (87,265) (94,816) 153,725
Net losses on divestitures 19,532 0 0
Impairment on assets held for sale 36,000 0 0
Pension contributions (69,388) (23,469) (22,411)
Asset write-downs from Fiscal 2012 productivity initiatives 0 58,736 0
Other items, net 84,834 75,375 98,172
Changes in current assets and liabilities, excluding effects of acquisitions and divestitures:      
Receivables (includes proceeds from securitization) (166,239) 171,832 (91,057)
Inventories (49,468) 60,919 (80,841)
Prepaid expenses and other current assets 14,111 (11,584) (1,682)
Accounts payable 168,898 (72,352) 233,339
Accrued liabilities 71,846 (20,008) (60,862)
Income taxes (9,141) 65,783 50,652
Cash provided by operating activities 1,389,963 1,493,117 1,583,643
Investing Activities:      
Capital expenditures (399,098) [1] (418,734) [1] (335,646) [1]
Proceeds from disposals of property, plant and equipment 18,986 9,817 13,158
Acquisitions, net of cash acquired 0 (3,250) (618,302)
Proceeds from divestitures 16,787 3,828 1,939
Sale of short-term investments 0 56,780 0
Change in restricted cash 3,994 (39,052) (5,000)
Other items, net (13,789) (11,394) (5,781)
Cash used for investing activities (373,120) (402,005) (949,632)
Financing Activities:      
Payments on long-term debt (224,079) (1,440,962) (45,766)
Proceeds from long-term debt 205,350 1,912,467 229,851
Net proceds/(payments) on commercial paper and short-term debt 1,089,882 (42,543) (193,200)
Dividends (665,691) (619,104) (579,618)
Purchase of treasury stock (139,069) (201,904) (70,003)
Exercise of stock options 113,477 82,714 154,774
Acquisition of subsidiary shares from noncontrolling interests (80,132) (54,824) (6,338)
Earn-out settlement (44,547) 0 0
Other items, net 1,736 1,321 27,791
Cash provided by/(used for) financing activities 256,927 (362,835) (482,509)
Effect of exchange rate changes on cash and cash equivalents (127,512) (122,147) 89,556
Net increase in cash and cash equivalents 1,146,258 606,130 241,058
Cash and cash equivalents at beginning of year 1,330,441 724,311 483,253
Cash and cash equivalents at end of year $ 2,476,699 $ 1,330,441 $ 724,311
[1] Excludes property, plant and equipment obtained through acquisitions.