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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Dec. 05, 2015
Nov. 29, 2014
Cash flows from operating activities    
Net earnings including noncontrolling interests $ 132 $ 159
Income from discontinued operations, net of tax 3 68
Net earnings from continuing operations 129 91
Intangible asset impairment charge 6 0
Adjustments to reconcile Net earnings from continuing operations to Net cash provided by operating activities – continuing operations:    
Asset impairment and other charges 7 3
Net gain on sale of assets and exits of surplus leases (3) (11)
Depreciation and amortization 211 219
LIFO charge 6 7
Deferred income taxes (19) (41)
Stock-based compensation 19 18
Net pension and other postretirement benefits cost 29 82
Contributions to pension and other postretirement benefit plans (38) (115)
Other adjustments 20 15
Changes in operating assets and liabilities, net of effects from business acquisitions (116) (164)
Net cash provided by operating activities – continuing operations 251 104
Net cash provided by operating activities – discontinued operations 1 2
Net cash provided by operating activities 252 106
Cash flows from investing activities    
Proceeds from sale of assets 4 7
Purchases of property, plant and equipment (169) (164)
Payments for business acquisitions (9) (55)
Other (24) 3
Net Cash Provided by (Used in) Investing Activities (198) (209)
Cash flows from financing activities    
Proceeds from issuance of debt 0 484
Proceeds from sale of common stock 10 5
Payments of debt and capital lease obligations (35) (37)
Distributions to noncontrolling interests (8) (8)
Payments of debt financing costs (1) (7)
Proceeds from (Payments for) Other Financing Activities 0 1
Net cash (used in) provided by financing activities (34) 438
Net increase in cash and cash equivalents 20 335
Cash and cash equivalents at beginning of period 114 83
Cash and cash equivalents at the end of period 134 418
The Company’s non-cash activities were as follows:    
Capital Expenditures Incurred but Not yet Paid 31 10
Capital lease asset additions 18 1
Interest and income taxes paid:    
Interest paid, net of amounts capitalized 150 136
Income taxes paid, net $ 44 $ 55