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Discontinued Operations (Tables)
 9 Months Ended
Mar. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Operating Results Of Discontinued Operations
The following is a summary of the operating results of the company’s discontinued operations for the third quarter and first nine months of 2013 and 2012: 
 
Third quarter 2013
 
First Nine Months of 2013
(in millions)
Net
Sales
 
Pretax
Income
(Loss)
 
Net
Income
(Loss)
 
Net
Sales
 
Pretax
Income
(Loss)
 
Net
Income
(Loss)
Australian Bakery
$
10

 
$
(1
)
 
$
(1
)
 
$
81

 
$
4

 
$
7

North American Foodservice Beverage
—

 
—

 
—

 
—

 
2

 
1

International Coffee and Tea
—

 
—

 
6

 
—

 
—

 
6

Other
—

 
—

 
(1
)
 
—

 
—

 
(1
)
Total
$
10

 
$
(1
)
 
$
4

 
$
81

 
$
6

 
$
13

 
 
Third quarter 2012
 
First Nine Months of 2012
As Restated
(in millions)
Net
Sales
 
Pretax
Income
(Loss)
 
Net
Income
(Loss)
 
Net
Sales
 
Pretax
Income
(Loss)
 
Net
Income
(Loss)
North American Fresh Bakery
$
—

 
$
—

 
$
19

 
$
724

 
$
29

 
$
163

North American Refrigerated Dough
—

 
—

 
—

 
74

 
13

 
9

North American Foodservice Beverage
23

 
(1
)
 
(1
)
 
325

 
(6
)
 
(4
)
International Coffee and Tea
932

 
4

 
(54
)
 
2,854

 
173

 
(12
)
European Bakery
2

 
1

 
1

 
265

 
(384
)
 
(359
)
Australian Bakery
30

 
(2
)
 
62

 
103

 
3

 
5

International Household and Body Care
6

 
(3
)
 
1

 
115

 
5

 
3

Total
$
993

 
$
(1
)
 
$
28

 
$
4,460

 
$
(167
)
 
$
(195
)
Gain (Loss) On Sale Of Discontinued Operations
The following is a summary of the gain on sale of the company’s discontinued operations for the third quarter and first nine months of 2013 and 2012: 
 
Third quarter 2013
 
First Nine Months of 2013
(In millions)
Pretax Gain
on Sale
 
Tax
(Expense)
Benefit
 
After Tax
Gain
 
Pretax Gain
on Sale
 
Tax
(Expense)
Benefit
 
After Tax
Gain
North American Fresh Bakery
$
4

 
$
(2
)
 
$
2

 
$
5

 
$
(2
)
 
$
3

North American Foodsrv. Beverage
—

 
3

 
3

 
2

 
2

 
4

Australian Bakery
56

 
(14
)
 
42

 
56

 
(14
)
 
42

Total
$
60

 
$
(13
)
 
$
47

 
$
63

 
$
(14
)
 
$
49

The gain on sale of discontinued operations reported in fiscal 2013 represents the impact of a final purchase price adjustment related to the North American fresh bakery disposition, gains related to the disposition of two manufacturing facilities related to the North American foodservice beverage operations, the gain on sale of the Australian bakery business as well as tax adjustments of prior year provision estimates related to business dispositions.
 
 
Third quarter 2012
 
First Nine Months of 2012
(In millions) as restated
Pretax Gain
(Loss)on Sale
 
Tax
(Expense)
Benefit
 
After Tax
Gain (Loss)
 
Pretax Gain
(Loss) on Sale
 
Tax
(Expense)
Benefit
 
After Tax
Gain (Loss)
North American Fresh Bakery
$
(10
)
 
$
4

 
$
(6
)
 
$
95

 
$
(33
)
 
$
62

North American Foodsrv. Beverage
—

 
—

 
—

 
222

 
(77
)
 
145

North American Refrigerated Dough
—

 
—

 
—

 
198

 
(158
)
 
40

European Bakery
(10
)
 
(40
)
 
(50
)
 
5

 
(45
)
 
(40
)
Non-European insecticides
(1
)
 
—

 
(1
)
 
251

 
(55
)
 
196

Air Care Products
(10
)
 
(1
)
 
(11
)
 
(10
)
 
(1
)
 
(11
)
Other Household and Body Care
2

 
8

 
10

 
8

 
2

 
10

Total
$
(29
)
 
$
(29
)
 
$
(58
)
 
$
769

 
$
(367
)
 
$
402
Cash Flow Impacts Of Discontinued Operations
The cash flows related to the discontinued operations are summarized in the table below:
 
 
Nine Months ended
 
Nine Months ended
(In millions) – Increase / (Decrease)
March 30, 2013
 
March 31, 2012
Cash flow from (used in) operating activities
$
10

 
$
(289
)
Cash flow from (used in) investing activities
85

 
1,744

Cash flow from (used in) financing activities
(95
)
 
(736
)
Effect of changes in foreign exchange rates on cash
—

 
(156
)
Increase in net cash of discontinued operations
—

 
563

Cash and cash equivalents at beginning of year
—

 
1,992

Cash and cash equivalents at end of period
$
—

 
$
2,555