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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 15, 2013
Jun. 16, 2012
Cash Flows - Operating Activities    
Net Income - including noncontrolling interests $ 612 $ 794
Depreciation and amortization 300 285
Closures and impairment (income) expenses 10 5
Refranchising (gain) loss (49) (39)
Contributions to defined benefit pension plans (3) (43)
Gain upon acquisition of Little Sheep 0 (74)
Deferred income taxes (5) (10)
Equity income from investments in unconsolidated affiliates (4) (22)
Distributions of income received from unconsolidated affiliates 12 15
Excess tax benefits from share-based compensation (24) (46)
Share-based compensation expense 21 23
Changes in accounts and notes receivable 4 16
Changes in inventories 1 14
Changes in prepaid expenses and other current assets (8) (9)
Changes in accounts payable and other current liabilities (229) (118)
Changes in income taxes payable 62 70
Other, net 29 63
Net Cash Provided by Operating Activities 729 924
Cash Flows - Investing Activities    
Capital spending (472) (406)
Proceeds from refranchising of restaurants 155 132
Acquisitions (89) (542)
Changes in restricted cash 0 300
Changes in short-term investments 2 (82)
Other, net (6) 2
Net Cash Used in Investing Activities (410) (596)
Cash Flows - Financing Activities    
Repayments of long-term debt (4) (15)
Short-term borrowings, more than three months, net 55 0
Repurchase shares of Common Stock (329) (289)
Excess tax benefits from share-based compensation 24 46
Employee stock option proceeds 11 22
Dividends paid on Common Stock (301) (262)
Other, net (43) (41)
Net Cash Used in Financing Activities (587) (539)
Effect of Exchange Rates on Cash and Cash Equivalents (8) (3)
Net Decrease in Cash and Cash Equivalents (276) (214)
Cash and Cash Equivalents - Beginning of Period 776 1,198
Cash and Cash Equivalents - End of Period $ 500 $ 984