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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
4 Months Ended
Jun. 20, 2015
Jun. 14, 2014
Cash flows from operating activities    
Net earnings including noncontrolling interests $ 64 $ 45
Income (loss) from discontinued operations, net of tax 1 (3)
Net earnings from continuing operations 63 48
Adjustments to reconcile Net earnings from continuing operations to Net cash provided by operating activities – continuing operations:    
Asset impairment and other charges 0 2
Net gain on sale of assets and exits of surplus leases 0 (7)
Depreciation and amortization 83 89
LIFO charge 3 2
Deferred income taxes (14) 6
Stock-based compensation 7 7
Net pension and other postretirement benefits cost 11 9
Contributions to pension and other postretirement benefit plans (37) (45)
Other adjustments 9 6
Changes in operating assets and liabilities, net of effects from business acquisitions (14) (60)
Net cash provided by operating activities – continuing operations 111 57
Net cash provided by operating activities – discontinued operations 1 0
Net cash provided by operating activities 112 57
Cash flows from investing activities    
Proceeds from sale of assets 1 4
Purchases of property, plant and equipment (49) (37)
Payments for business acquisitions (1) (5)
Other (21) 6
Net Cash Provided by (Used in) Investing Activities (70) (32)
Cash flows from financing activities    
Proceeds from sale of common stock 2 2
Payments of debt and capital lease obligations (17) (13)
Distributions to noncontrolling interests (3) (4)
Payments of debt financing costs (1) (3)
Net cash used in financing activities (19) (18)
Net increase in cash and cash equivalents 23 7
Cash and cash equivalents at beginning of period 114 83
Cash and cash equivalents at the end of period 137 90
The Company’s non-cash activities were as follows:    
Capital Expenditures Incurred but Not yet Paid 17 16
Capital lease asset additions 0 0
Interest and income taxes paid:    
Interest paid, net of amounts capitalized 62 58
Income taxes paid (refunded), net $ 4 $ (3)