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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Operating activities    
Net income $ 654 $ 926
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 387 375
Postretirement benefit plan expense (benefit) (68) (73)
Deferred income taxes (61) 2
Venezuela remeasurement expense 165 0
VIE deconsolidation (49) 0
Other 67 0
Postretirement benefit plan contributions (21) (44)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (214) (122)
Inventories 1 40
Accounts payable 135 34
Accrued income taxes 11 19
Accrued interest expense 15 48
Accrued and prepaid advertising, promotion and trade allowances 49 10
Accrued salaries and wages (14) (33)
All other current assets and liabilities (115) (5)
Net cash provided by (used in) operating activities 942 1,177
Investing activities    
Additions to properties (362) (355)
Acquisitions, net of cash acquired (161) 0
Investments in unconsolidated entities (456) (6)
Other 43 13
Net cash provided by (used in) investing activities (936) (348)
Financing activities    
Net issuances (reductions) of notes payable 533 339
Issuances of long-term debt 672 952
Reductions of long-term debt (604) (959)
Net issuances of common stock 196 164
Common stock repurchases (381) (690)
Cash dividends (523) (506)
Other (3) 12
Net cash provided by (used in) financing activities (110) (688)
Effect of exchange rate changes on cash and cash equivalents (40) 12
Increase (decrease) in cash and cash equivalents (144) 153
Cash and cash equivalents at beginning of period 443 [1] 273
Cash and cash equivalents at end of period $ 299 $ 426
[1] Condensed from audited financial statements.