Cash Flows

Cash payments for interest on indebtedness and cash payments for taxes on income are as follows:



	Quarter Ended
(Amounts in millions)	July 3, 2015		July 4, 2014
Interest	$	13	$	16
Taxes on income, net of refunds	13		28

Non-cash investing activities include the following:



	Quarter Ended
(Amounts in millions)	July 3, 2015		July 4, 2014
Capital expenditures in accounts payable and accrued expenses	$	45	$	59
Capital expenditures through capital lease obligations	1		2
Assets acquired under long-term financing	—		69

Non-cash financing activities for the quarters ended July 3, 2015 and July 4, 2014 included common share dividends declared but not yet paid of $32 million and $34 million, respectively. Non-cash financing activities for the quarter ended July 4, 2014 also included $8 million of shares repurchased under the stock repurchase plan but not settled as of July 4, 2014.