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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
8 Months Ended
Sep. 03, 2016
Sep. 05, 2015
Cash Flows - Operating Activities    
Net Income - including noncontrolling interests $ 1,362 $ 1,023
Depreciation and amortization 489 505
Closures and impairment (income) expenses 47 30
Refranchising (gain) loss (85) 60
Contributions to defined benefit pension plans (4) (83)
Deferred income taxes (215) (42)
Equity income from investments in unconsolidated affiliates (44) (31)
Distributions of income received from unconsolidated affiliates 18 9
Excess tax benefits from share-based compensation (66) (46)
Share-based compensation expense 41 40
Changes in accounts and notes receivable (31) (15)
Changes in inventories (32) 62
Changes in prepaid expenses and other current assets 5 (27)
Changes in accounts payable and other current liabilities 146 201
Changes in income taxes payable 41 111
Changes in restricted cash (82) (4)
Other, net (48) 24
Net Cash Provided by Operating Activities 1,542 1,817
Cash Flows - Investing Activities    
Capital spending (546) (642)
Proceeds from refranchising of restaurants 165 72
Other, net 35 48
Net Cash Used in Investing Activities (346) (522)
Cash Flows - Financing Activities    
Proceeds from long-term debt 6,900 0
Repayments of long-term debt (308) (10)
Short-term borrowings by original maturity    
More than three months - proceeds 1,400 0
More than three months - payments (2,000) 0
Three months or less, net 0 0
Revolving credit facilities, three months or less, net (701) (116)
Repurchase shares of Common Stock (3,652) (370)
Excess tax benefits from share-based compensation 66 46
Dividends paid on Common Stock (559) (532)
Debt issuance costs (86) 0
Other, net (77) (37)
Net Cash Used in Financing Activities 983 (1,019)
Effect of Exchange Rates on Cash and Cash Equivalents (31) 7
Net Increase in Cash and Cash Equivalents 2,148 283
Cash and Cash Equivalents - Beginning of Period 737 578
Cash and Cash Equivalents - End of Period $ 2,885 $ 861