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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Operating activities    
Net income $ 449 $ 701
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 269 235
Postretirement benefit plan expense (benefit) (41) (45)
Deferred income taxes (11) 18
Venezuela remeasurement expense 152 0
VIE deconsolidation (49) 0
Other 56 18
Postretirement benefit plan contributions (17) (37)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (207) (136)
Inventories 5 (55)
Accounts payable 114 30
Accrued income taxes (34) 7
Accrued interest expense (2) (8)
Accrued and prepaid advertising, promotion and trade allowances 9 (12)
Accrued salaries and wages (61) (39)
All other current assets and liabilities (91) (23)
Net cash provided by (used in) operating activities 541 654
Investing activities    
Additions to properties (218) (226)
Acquisitions, net of cash acquired (117) 0
Other 42 0
Net cash provided by (used in) investing activities (293) (226)
Financing activities    
Net issuances (reductions) of notes payable 114 118
Issuances of long-term debt 672 952
Reductions of long-term debt (606) (957)
Net issuances of common stock 90 133
Common stock repurchases (285) (329)
Cash dividends (347) (331)
Other 5 6
Net cash provided by (used in) financing activities (357) (408)
Effect of exchange rate changes on cash and cash equivalents (40) (3)
Increase (decrease) in cash and cash equivalents (149) 17
Cash and cash equivalents at beginning of period 443 [1] 273
Cash and cash equivalents at end of period $ 294 $ 290
[1] Condensed from audited financial statements.