XML 121 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Operating Activities          
Net earnings including noncontrolling interests $ 694 $ 544 $ 1,242 $ 2,018 $ 1,919
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities          
Depreciation and amortization 435 414 848 877 912
Asset impairment charge 146 337 367 2 9
Deferred income taxes 118 28 45 521 30
Gain on Golden Peanut revaluation       (71)  
Equity in earnings of affiliates, net of dividends (201) (106) (243) (397) (326)
Stock compensation expense 30 34 48 47 45
Pension and postretirement accruals (contributions), net 78 59 37 4 (110)
Deferred cash flow hedges (67) 10 43 (1) 49
Other - net 39 90 168 (108) 150
Changes in operating assets and liabilities          
Segregated cash and investments (365) (61) 128 (1,035) 74
Trade receivables 38 (741) 974 (687) (540)
Inventories (1,512) (480) (272) (3,412) (404)
Other current assets 209 958 (954) (2,452) 1,069
Trade payables 2,310 1,545 (117) 339 (75)
Accrued expenses and other payables 526 410 581 2,015 (118)
Total Operating Activities 2,478 3,041 2,895 (2,340) 2,684
Investing Activities          
Purchases of property, plant, and equipment (615) (852) (1,477) (1,247) (1,607)
Net assets of businesses acquired (26) (206) (241) (218) (62)
Proceeds from sale of assets 521 49 48 72 35
Cash divested from deconsolidation   (130) (130)    
Investments in and advances to affiliates   (4) (31) (31) (146)
Purchases of marketable securities (1,629) (889) (1,297) (2,379) (1,387)
Proceeds from sales of marketable securities 731 1,084 1,945 2,094 1,454
Other - net 45 14 61 34 48
Total Investing Activities (973) (934) (1,122) (1,675) (1,665)
Financing Activities          
Long-term debt borrowings 106 91 97 1,564 27
Long-term debt payments (1,423) (173) (358) (417) (552)
Net borrowings (payments) under lines of credit agreements 660 (1,076) 197 1,381 29
Debt repurchase premium and costs (197) (32) (44) (21) (71)
Shares issued related to equity unit conversion       1,750  
Purchases of treasury stock   (427) (527) (301) (100)
Cash dividends (230) (224) (455) (395) (372)
Other - net 2 (17) (7) 23 11
Total Financing Activities (1,082) (1,858) (1,097) 3,584 (1,028)
Increase (decrease) in cash and cash equivalents 423 249 676 (431) (9)
Cash and cash equivalents - beginning of year 1,291 615 615 1,046 1,055
Cash and cash equivalents - end of year 1,714 864 1,291 615 1,046
Cash paid for interest and income taxes were as follows:          
Interest 205 206 411 418 453
Income taxes $ 115 $ 118 $ 479 $ 513 $ 604