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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 30, 2012
OPERATING ACTIVITIES -      
Net income $ 213 $ 252 $ 848
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation 131 148 266
Amortization 24 18 46
Impairment charges 0 1 428
Net gain on business dispositions 0 (75) (772)
Increase (decrease) in deferred income taxes (55) 44 (400)
Pension contributions, net of income/expense (10) (14) (226)
Refundable tax on Senseo payments 0 0 (43)
Debt extinguishment costs 0 0 39
Other (44) (11) (70)
Change in current assets and liabilities, net of businesses acquired and sold:      
Trade accounts receivable (9) 19 66
Inventories (13) (38) 34
Other current assets (24) 30 (30)
Accounts payable 44 (52) 29
Accrued liabilities (16) (89) 94
Income taxes 10 20 (60)
Net cash from operating activities 251 253 249
INVESTING ACTIVITIES -      
Purchases of property and equipment (140) (135) (314)
Purchases of software and other intangibles (13) (5) (188)
Acquisitions of businesses (200) 0 (30)
Dispositions of businesses and investments 0 96 2,033
Insurance proceeds 50 0 0
Proceeds from note receivable 55 0 0
Cash balance of int'l coffee & tea business at spin-off 0 0 (2,061)
Cash received from derivative transactions 3 0 31
Cash used to invest in short-term investments (354) 0 0
Cash received from maturing short-term investments 263 0 0
Sales of assets 1 3 8
Net cash used in investing activities (335) (41) (521)
FINANCING ACTIVITIES -      
Issuances of common stock 37 47 84
Purchases of common stock (30) 0 0
Borrowings of other debt 0 0 851
Repayments of other debt and derivatives (20) (46) (1,811)
Net change in financing with less than 90-day maturities 0 0 (204)
Stock compensation income tax benefits 13 0 15
Purchase of non-controlling interest 0 0 (10)
Payments of dividends (80) (46) (271)
Net cash used in financing activities (80) (45) (1,346)
Effect of changes in foreign exchange rates on cash 0 (2) (213)
Increase (decrease) in cash and equivalents (164) 165 (1,831)
Add: Cash balance of discontinued operations at beginning of year 0 0 1,992
Less: Cash balance of discontinued operations at end of year 0 0 0
Cash and equivalents at beginning of year 400 235 74
Cash and equivalents at end of year 236 400 235
Supplemental Cash Flow Data:      
Cash paid for restructuring charges 70 102 512
Cash contributions to pension plans 9 8 213
Cash paid for income taxes $ 101 $ 15 $ 209