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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Operating activities    
Net income $ 841 $ 747
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 366 357
Postretirement benefit plan expense (benefit) (191) (53)
Deferred income taxes (20) (26)
Stock compensation 53 45
Other 32 (3)
Postretirement benefit plan contributions (33) (29)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (223) (208)
Inventories 78 25
Accounts payable 135 139
Accrued income taxes (10) 10
Accrued interest expense 43 53
Accrued and prepaid advertising and promotion 83 66
Accrued salaries and wages (50) (45)
All other current assets and liabilities, net 17 (57)
Net cash provided by (used in) operating activities 1,121 1,021
Investing activities    
Additions to properties (374) (376)
Acquisitions, net of cash acquired 4 (21)
Investments in unconsolidated entities, net proceeds 14 27
Other (7) (11)
Net cash provided by (used in) investing activities (363) (381)
Financing activities    
Net issuances (reductions) of notes payable 134 (749)
Issuances of long-term debt 656 2,061
Reductions of long-term debt (626) (1,230)
Net issuances of common stock 87 356
Common stock repurchases (516) (426)
Cash dividends (550) (533)
Net cash provided by (used in) financing activities (815) (521)
Effect of exchange rate changes on cash and cash equivalents 44 (24)
Increase (decrease) in cash and cash equivalents (13) 95
Cash and cash equivalents at beginning of period 280 [1] 251
Cash and cash equivalents at end of period 267 346
Supplemental cash flow disclosures    
Interest paid 149 294
Income taxes paid 279 225
Supplemental cash flow dislcosures of non-cash activities [Abstract]    
Additions to properties included in accounts payable $ 85 $ 87
[1] Condensed from audited financial statements.