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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 07, 2013
Sep. 08, 2012
Cash Flows - Operating Activities    
Net Income - including noncontrolling interests $ 749 $ 1,272
Depreciation and amortization 473 442
Closures and impairment (income) expenses 310 9
Refranchising (gain) loss (87) (41)
Contributions to defined benefit pension plans (15) (46)
Gain upon acquisition of Little Sheep 0 (74)
Deferred income taxes (51) 86
Equity income from investments in unconsolidated affiliates (17) (38)
Distributions of income received from unconsolidated affiliates 15 38
Excess tax benefits from share-based compensation (27) (52)
Share-based compensation expense 32 35
Changes in accounts and notes receivable (4) 7
Changes in inventories 19 27
Changes in prepaid expenses and other current assets (22) (14)
Changes in accounts payable and other current liabilities (14) 28
Changes in income taxes payable 115 86
Other, net 77 53
Net Cash Provided by Operating Activities 1,553 1,818
Cash Flows - Investing Activities    
Capital spending (699) (678)
Proceeds from refranchising of restaurants 218 187
Acquisitions (98) (542)
Changes in restricted cash 0 300
Other, net (8) (14)
Net Cash Used in Investing Activities (587) (747)
Cash Flows - Financing Activities    
Repayments of long-term debt (5) (280)
Short-term borrowings, three months or less, net 0 2
Short-term borrowings, more than three months, net 2 0
Revolving credit facilities, three months or less, net 0 10
Repurchase shares of Common Stock (510) (688)
Excess tax benefits from share-based compensation 27 52
Employee stock option proceeds 17 27
Dividends paid on Common Stock (451) (393)
Other, net (55) (52)
Net Cash Used in Financing Activities (975) (1,322)
Effect of Exchange Rates on Cash and Cash Equivalents (14) (5)
Net Decrease in Cash and Cash Equivalents (23) (256)
Cash and Cash Equivalents - Beginning of Period 776 1,198
Cash and Cash Equivalents - End of Period $ 753 $ 942