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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
3 Months Ended
Aug. 28, 2011
Aug. 29, 2010
Cash Flows - Operating Activities    
Net earnings, including earnings attributable to redeemable and noncontrolling interests $ 404.3 $ 473.6
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 125.5 111.3
After-tax earnings from joint ventures 28.3 26.5
Stock-based compensation 44.5 37.9
Deferred income taxes 22.3 22.4
Tax benefit on exercised options 12.4 35.0
Distributions of earnings from joint ventures 31.6 21.5
Pension and other postretirement benefit plan contributions 3.9 2.4
Pension and other postretirement benefit plan expense (income) 19.4 18.3
Restructuring, impairment, and other exit costs ( income) (0.9) (1.0)
Changes in current assets and liabilities 134.8 406.1
Other, net (26.5) (36.4)
Net cash provided by operating activities 440.8 177.6
Cash Flows - Investing Activities    
Purchases of land, buildings, and equipment 132.8 132.6
Acquisitions, net of cash acquired 900.1 0
Investment in affilates, net 0 (1.9)
Proceeds from disposal of land, buildings, and equipment 0.3 1.8
Exchangeable Note 131.6 0
Other, net (6.5) (12.5)
Net cash provided (used) by investing activities (1,157.7) (120.2)
Cash Flows - Financing Activities    
Change in notes payable 712.6 299.0
Issuance of long-term debt 0 500.0
Payment of long-term debt 6.6 1.8
Proceeds from common stock issued on exercised options 24.0 88.1
Tax benefit on exercised options 12.4 35.0
Purchases of common stock for treasury 109.9 788.4
Dividends paid 200.3 184.1
Other, net (0.3) (5.1)
Net cash used by financing activities 431.9 (57.3)
Effect of exchange rate changes on cash and cash equivalents 3.6 23.7
Increase (decrease) in cash and cash equivalents (281.4) 23.8
Cash and cash equivalents - beginning of year 619.6 673.2
Cash and cash equivalents - end of period 338.2 697.0
Cash Flow from Changes in Current Assets and Liabilities    
Increase (Decrease) Receivables 156.9 121.1
Inventories Increase (Decrease) 135.3 316.0
Prepaid expenses and other current assets (55.5) 6.0
Accounts payable 70.9 76.1
Other current liabilities 31.0 (39.1)
Changes in current assets and liabilities $ 134.8 $ 406.1