XML 21 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Statement of Cash Flows [Abstract]      
Net income $ 695 $ 614 $ 633
Depreciation and amortization [1] 517 534 503
Postretirement benefit plan expense 198 320 803
Deferred income taxes (26) (169) (254)
Stock compensation 63 51 37
Venezuela deconsolidation 72 0 0
Venezuela remeasurement 11 169 0
VIE deconsolidation 0 (49) 0
Other (74) (13) (125)
Postretirement benefit plan contributions (33) (33) (53)
Trade receivables 21 (127) 131
Inventories 7 (42) (30)
Accounts payable 124 427 96
Accrued income taxes 4 29 87
Accrued interest expense 7 5 (2)
Accrued and prepaid advertising, promotion and trade allowances 14 7 (21)
Accrued salaries and wages (7) 20 (7)
All other current assets and liabilities 35 (52) (5)
Net cash provided by (used in) operating activities 1,628 1,691 1,793
Additions to properties (507) (553) (582)
Acquisitions, net of cash acquired (398) (161) 0
Reduction of cash due to Venezuela deconsolidation (2) 0 0
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 27    
Investments in unconsolidated entities   (456) (6)
Other (13) 43 15
Net cash provided by (used in) investing activities (893) (1,127) (573)
Net increase (reduction) of notes payable, with maturities less than or equal to 90 days (918) 443 183
Issuances of notes payable, with maturities greater than 90 days 1,961 214 1,030
Reductions of notes payable, with maturities greater than 90 days (1,831) (283) (1,124)
Issuances of long-term debt 2,657 696 952
Reductions of long-term debt (1,737) (606) (960)
Net issuances of common stock 368 261 217
Common stock repurchases (426) (731) (690)
Cash dividends (716) (700) (680)
Other 0 0 9
Net cash provided by (used in) financing activities (642) (706) (1,063)
Effect of exchange rate changes on cash and cash equivalents (64) (50) 13
Increase (decrease) in cash and cash equivalents 29 (192) 170
Cash and cash equivalents at beginning of period 251 443 273
Cash and cash equivalents at end of period 280 251 443
Interest paid 405 228 209
Income taxes paid 256 337 414
Additions to properties included in accounts payable $ 161 $ 147 $ 136
[1] Includes asset impairment charges as discussed in Note 14.