XML 63 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jan. 25, 2012
Jan. 26, 2011
Cash Flows from Operating Activities:    
Net income $ 762,334 $ 779,064
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 217,620 181,002
Amortization 33,965 31,371
Deferred tax (benefit)/provision (71,533) 121,627
Pension contributions (15,490) (16,288)
Other items, net 87,859 78,882
Changes in current assets and liabilities, excluding effects of acquisitions and divestitures:    
Receivables (includes proceeds from securitization) 46,128 57,305
Inventories (126,627) (105,498)
Prepaid expenses and other current assets (13,705) (2,329)
Accounts payable (182,333) 35,068
Accrued liabilities (76,976) (80,043)
Income taxes 82,272 61,394
Cash provided by operating activities 743,514 1,141,555
Cash Flows from Investing Activities:    
Capital expenditures (274,498) (195,218)
Proceeds from disposals of property, plant and equipment 6,926 4,947
Acquisitions, net of cash acquired (3,250) (135,409)
Sale of short-term investments 47,976 0
Change in restricted cash (39,052) (9,900)
Other items, net (8,732) (1,545)
Cash used for investing activities (270,630) (337,125)
Cash Flows from Financing Activities:    
Payments on long-term debt (831,553) (36,788)
Proceeds from long-term debt 1,310,903 222,023
Net payments on commercial paper and short-term debt (56,943) (160,275)
Dividends (464,901) (434,085)
Exercise of stock options 74,518 129,049
Purchase of treasury stock (201,904) 0
Acquisition of subsidiary shares from noncontrolling interests (54,824) 0
Other items, net 5,479 23,091
Cash used for financing activities (219,225) (256,985)
Effect of exchange rate changes on cash and cash equivalents (129,059) 21,337
Net increase in cash and cash equivalents 124,600 568,782
Cash and cash equivalents at beginning of year 724,311 [1] 483,253
Cash and cash equivalents at end of period $ 848,911 $ 1,052,035
[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.