Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Schedule of Components of Income before Income Taxes and Provision for Income Taxes [Table Text Block]

(millions)				2011		2010		2009
Income before income taxes
	United States		$	1,267	$	1,271	$	1,207
	Foreign			465		471		477
				1,732		1,742		1,684
Income taxes
	Currently payable
		Federal		285		97		331
		State		26		10		39
		Foreign		108		129		146
				419		236		516
	Deferred
		Federal		56		239		(8)
		State		13		26		(3)
		Foreign		15		1		(29)
				84		266		(40)
Total income taxes			$	503	$	502	$	476

Schedule of Effective Tax Rate Reconciliation [Table Text Block]

	2011		2010		2009
U.S. statutory income tax rate	35.0	%	35.0	%	35.0	%
Foreign rates varying from 35%	(4.2)		(4.1)		(4.2)
State income taxes, net of federal benefit	1.5		1.4		1.4
Cost (benefit) of remitted and unremitted foreign earnings	(1.3)		0.9		(0.8)
Tax audit activity	(0.4)		(1.6)		(0.9)
Net change in valuation allowances	0.6		0.5		0.4
Statutory rate changes, deferred tax impact	(0.4)		0.0		0.0
U.S. deduction for qualified production activities	(1.3)		(1.1)		(1.6)
Other	(0.5)		(2.2)		(1.1)
Effective income tax rate	29.0	%	28.8	%	28.2	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		Deferred tax assets				Deferred tax liabilities
(millions)		2011		2010		2011		2010
U.S. state income taxes	$	8	$	7	$	85	$	77
Advertising and promotion-related		22		24		-		3
Wages and payroll taxes		29		25		-		-
Inventory valuation		26		28		-		-
Employee benefits		312		187		-		65
Operating loss and credit carryforwards		41		60		-		-
Hedging transactions		3		1		-		16
Depreciation and asset disposals		-		25		365		311
Capitalized interest		-		7		2		9
Trademarks and other intangibles		-		-		477		472
Deferred compensation		39		48		-		-
Stock options		48		52		-		-
Unremitted foreign earnings		-		-		25		57
Other		53		51		-		8
		581		515		954		1,018
Less valuation allowance		(46)		(36)		-		-
Total deferred taxes	$	535	$	479	$	954	$	1,018
Net deferred tax asset (liability)	$	(419)	$	(539)
Classified in balance sheet as:
Other current assets	$	149	$	110
Other current liabilities		(7)		(13)
Other assets		76		61
Other liabilities		(637)		(697)
Net deferred tax asset (liability)	$	(419)	$	(539)

Schedule of Change in Valuation Allowance [Table Text Block]

(millions)		2011		2010		2009
Balance at beginning of year	$	36	$	28	$	22
Additions charged to income tax expense		12		11		14
Reductions credited to income tax expense		(1)		(2)		(7)
Currency translation adjustments		(1)		(1)		(1)
Balance at end of year	$	46	$	36	$	28

Reconciliation of Total Gross Unrecognized Tax Benefits [Table Text Block]

(millions)			2011		2010		2009
Balance at beginning of year		$	104	$	130	$	132
Tax positions related to current year:
	Additions		7		12		17
Tax positions related to prior years:
	Additions		8		13		4
	Reductions		(19)		(42)		(9)
Settlements			(27)		(6)		(8)
Lapses in statutes of limitation			(7)		(3)		(6)
Balance at end of year		$	66	$	104	$	130

- Definition

Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

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- Definition

Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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