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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Oct. 26, 2011
Oct. 27, 2010
Cash Flows from Operating Activities:  
Net income$ 475,095$ 502,537
Adjustments to reconcile net income to cash provided by operating activities:  
Depreciation145,438120,176
Amortization22,29920,855
Deferred tax (benefit)/provision(70,443)105,125
Pension contributions(7,611)(11,488)
Other items, net60,27629,612
Changes in current assets and liabilities, excluding effects of acquisitions and divestitures:  
Receivables (includes proceeds from securitization)118,15136,164
Inventories(222,636)(87,831)
Prepaid expenses and other current assets(22,895)(7,621)
Accounts payable(81,253)10,252
Accrued liabilities(86,716)(107,278)
Income taxes67,80921,584
Cash provided by operating activities397,514632,087
Cash Flows from Investing Activities:  
Capital expenditures(175,171)(122,102)
Proceeds from disposals of property, plant and equipment6,1123,750
Other items, net4,348506
Cash used for investing activities(164,711)(117,846)
Cash Flows from Financing Activities:  
Payments on long-term debt(819,364)(25,732)
Proceeds from long-term debt1,310,06620,018
Net payments on commercial paper and short-term debt(49,768)(186,939)
Dividends(310,565)(288,592)
Exercise of stock options54,87991,497
Purchase of treasury stock(160,146)0
Acquisition of subsidiary shares from noncontrolling interests(54,824)0
Other items, net5,94023,658
Cash used for financing activities(23,782)(366,090)
Effect of exchange rate changes on cash and cash equivalents(75,325)34,467
Net increase in cash and cash equivalents133,696182,618
Cash and cash equivalents at beginning of year724,311[1]483,253
Cash and cash equivalents at end of period$ 858,007$ 665,871
[1]The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.