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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Operating activities    
Net income $ 663 $ 675
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 226 194
Postretirement benefit plan expense (benefit) (8) (10)
Deferred income taxes 9 (32)
Other 60 (20)
Postretirement benefit plan contributions (36) (32)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (112) (69)
Inventories 91 40
Accounts payable (38) 32
Accrued income taxes 3 (21)
Accrued interest expense (6) (1)
Accrued and prepaid advertising, promotion and trade allowances (53) 48
Accrued salaries and wages (47) (27)
All other current assets and liabilities (47) (97)
Net cash provided by (used in) operating activities 705 680
Investing activities    
Additions to properties (238) (155)
Acquisitions, net of cash acquired 0 (2,674)
Other (1) 6
Net cash provided by (used in) investing activities (239) (2,823)
Financing activities    
Net issuances of notes payable 71 500
Issuances of long-term debt 645 1,727
Reductions of long-term debt (760) 0
Net issuances of common stock 408 65
Common stock repurchases (544) (63)
Cash dividends (320) (306)
Other 20 (3)
Net cash provided by (used in) financing activities (480) 1,920
Effect of exchange rate changes on cash and cash equivalents (5) (7)
Decrease in cash and cash equivalents (19) (230)
Cash and cash equivalents at beginning of period 281 [1] 460
Cash and cash equivalents at end of period $ 262 $ 230
[1] Condensed from audited financial statements.