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Consolidated Statement of Cash Flows (USD $)
In Millions
9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Operating activities  
Net income$ 997$ 1,055
Adjustments to reconcile net income to operating cash flows:  
Depreciation and amortization270265
Deferred income taxes(2)(53)
Other133116
Postretirement benefit plan contributions(187)(45)
Changes in operating assets and liabilities:  
Trade receivables(224)(125)
Inventories43(43)
Accounts payable5168
Accrued income taxes8563
Accrued interest expense14(18)
Accrued and prepaid advertising, promotion and trade allowances2533
Accrued salaries and wages86(161)
All other current assets and liabilities(22)(76)
Net cash provided by operating activities1,2691,079
Investing activities  
Additions to properties(392)(252)
Other112
Net cash used in investing activities(381)(250)
Financing activities  
Net issuances of notes payable689547
Issuances of long-term debt3970
Reductions of long-term debt(946)(1)
Net issuances of common stock265178
Common stock repurchases(693)(907)
Cash dividends(452)(435)
Other107
Net cash used in financing activities(730)(611)
Effect of exchange rate changes on cash and cash equivalents(20)7
Increase in cash and cash equivalents138225
Cash and cash equivalents at beginning of period444[1]334
Cash and cash equivalents at end of period$ 582$ 559
[1]* Condensed from audited financial statements.