Income Taxes (Tables)

12 Months Ended

Dec. 28, 2013

Income Taxes [Abstract]

Schedule of Components of Income before Income Taxes and Provision for Income Taxes [Table Text Block]

(millions)				2013		2012		2011
Income before income taxes
	United States		$	2,102	$	1,008	$	935
	Foreign			504		317		249
				2,606		1,325		1,184
Income taxes
	Currently payable
		Federal		302		383		285
		State		68		34		26
		Foreign		105		105		108
				475		522		419
	Deferred
		Federal		331		(129)		(57)
		State		(2)		8		3
		Foreign		(12)		(38)		(45)
				317		(159)		(99)
Total income taxes			$	792	$	363	$	320

Schedule of Effective Tax Rate Reconciliation [Table Text Block]

	2013		2012		2011
U.S. statutory income tax rate	35.0	%	35.0	%	35.0	%
Foreign rates varying from 35%	(3.5)		(4.4)		(4.9)
State income taxes, net of federal benefit	1.7		2.1		1.6
Cost (benefit) of remitted and unremitted foreign earnings	(0.4)		(1.8)		(1.8)
Tax audit activity	(0.1)		0.0		(0.5)
Net change in valuation allowances	0.4		0.8		0.9
Statutory rate changes, deferred tax impact	(0.5)		(0.3)		(0.5)
U.S. deduction for qualified production activities	(0.9)		(2.1)		(1.8)
Other	(1.3)		(1.9)		(1.0)
Effective income tax rate	30.4	%	27.4	%	27.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		Deferred tax assets				Deferred tax liabilities
(millions)		2013		2012		2013		2012
U.S. state income taxes	$	13	$	7	$	61	$	63
Advertising and promotion-related		23		23		-		-
Wages and payroll taxes		36		26		-		-
Inventory valuation		37		22		-		-
Employee benefits		65		426		-		-
Operating loss and credit carryforwards		55		61		-		-
Hedging transactions		10		2		-		-
Depreciation and asset disposals		-		-		366		386
Trademarks and other intangibles		-		-		529		496
Deferred compensation		36		39		-		-
Stock options		36		51		-		-
Unremitted foreign earnings		-		-		2		5
Other		109		90		-		-
		420		747		958		950
Less valuation allowance		(61)		(59)		-		-
Total deferred taxes	$	359	$	688	$	958	$	950
Net deferred tax asset (liability)	$	(599)	$	(262)
Classified in balance sheet as:
Other current assets	$	195	$	159
Other current liabilities		(13)		(8)
Other assets		147		110
Other liabilities		(928)		(523)
Net deferred tax asset (liability)	$	(599)	$	(262)

Schedule of Change in Valuation Allowance [Table Text Block]

(millions)			2013		2012		2011
Balance at beginning of year		$	59	$	46	$	36
Additions charged to income tax expense			17		12		12
Reductions credited to income tax expense			(3)		-		(1)
Other (a)			(10)		-		-
Currency translation adjustments			(2)		1		(1)
Balance at end of year		$	61	$	59	$	46
(a)	Reduction due to the disposition of a business resulting in deferred tax asset and valuation allowance being eliminated.

Reconciliation of Total Gross Unrecognized Tax Benefits [Table Text Block]

(millions)			2013		2012		2011
Balance at beginning of year		$	80	$	66	$	104
Tax positions related to current year:
	Additions		9		8		7
Tax positions related to prior years:
	Additions		17		14		8
	Reductions		(13)		(4)		(19)
Settlements			(14)		(1)		(27)
Lapses in statutes of limitation			-		(3)		(7)
Balance at end of year		$	79	$	80	$	66