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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Operating activities    
Net income $ 955 $ 997
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 302 270
Deferred income taxes (40) (2)
Other 57 133
Postretirement benefit plan contributions (43) (187)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (95) (224)
Inventories (47) 43
Accounts payable 145 51
Accrued income taxes 1 85
Accrued interest expense 43 14
Accrued and prepaid advertising, promotion and trade allowances 118 25
Accrued salaries and wages 0 86
All other current assets and liabilities (21) (22)
Net cash provided by operating activities 1,375 1,269
Investing activities    
Additions to properties (262) (392)
Acquisitions, net of cash acquired (2,674) 0
Other 8 11
Net cash used in investing activities (2,928) (381)
Financing activities    
Net issuances of notes payable 112 689
Issuances of long-term debt 1,727 397
Reductions of long-term debt 0 (946)
Net issuances of common stock 87 265
Common stock repurchases (63) (693)
Cash dividends (464) (452)
Other (2) 10
Net cash provided by (used in) financing activities 1,397 (730)
Effect of exchange rate changes on cash and cash equivalents 1 (20)
Increase (Decrease) in cash and cash equivalents (155) 138
Cash and cash equivalents at beginning of period 460 [1] 444
Cash and cash equivalents at end of period $ 305 $ 582
[1] * Condensed from audited financial statements.