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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Operating activities    
Net income $ 358 $ 365
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 95 89
Deferred income taxes (53) 6
Other 28 6
Postretirement benefit plan contributions (25) (178)
Changes in operating assets and liabilities:    
Trade receivables (168) (301)
Inventories (14) 81
Accounts payable 1 50
Accrued income taxes 174 190
Accrued interest expense 44 (16)
Accrued and prepaid advertising, promotion and trade allowances 17 21
Accrued salaries and wages (70) 25
All other current assets and liabilities (47) (28)
Net cash provided by operating activities 340 310
Investing activities    
Additions to properties (63) (103)
Other 6 4
Net cash used in investing activities (57) (99)
Financing activities    
Net issuances (reductions) of notes payable (178) 1,031
Reductions of long-term debt 0 (946)
Net issuances of common stock 41 122
Common stock repurchases (63) (329)
Cash dividends (153) (148)
Other (2) 4
Net cash used in financing activities (355) (266)
Effect of exchange rate changes on cash and cash equivalents 16 15
Decrease in cash and cash equivalents (56) (40)
Cash and cash equivalents at beginning of period 460 [1] 444
Cash and cash equivalents at end of period $ 404 $ 404
[1] * Condensed from audited financial statements.