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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 15, 2013
Jun. 16, 2012
Operating Activities    
Net income $ 3,110 $ 2,634
Depreciation and amortization 1,185 1,201
Stock-based compensation expense 149 125
Merger and integration charges 0 5
Cash payments for merger and integration charges (17) (47)
Restructuring and impairment charges 30 110
Cash payments for restructuring charges (74) (140)
Restructuring and other charges related to the transaction with Tingyi (Cayman Islands) Holding Corp. (Tingyi) 0 163
Cash payments for restructuring and other charges related to the transaction with Tingyi (18) (88)
Non-cash foreign exchange loss related to Venezuela devaluation 111   
Excess tax benefits from share-based payment arrangements (83) (53)
Pension and retiree medical plan contributions (180) (1,169)
Pension and retiree medical plan expenses 306 271
Deferred income taxes and other tax charges and credits (189) 85
Change in accounts and notes receivable (1,088) (1,084)
Change in inventories (659) (643)
Change in prepaid expenses and other current assets (241) (196)
Change in accounts payable and other current liabilities 400 (193)
Change in income taxes payable 543 432
Other, net (270) (166)
Net Cash Provided by Operating Activities 3,015 1,247
Investing Activities    
Capital spending (911) (901)
Sales of property, plant and equipment 30 42
Cash payments related to the transaction with Tingyi (3) (298)
Acquisitions and investments in noncontrolled affiliates (59) (49)
Divestitures 174 14
Short-term investments, by original maturity – three months or less, net (4) 41
Other investing, net (13) 13
Net Cash Used for Investing Activities (786) (1,138)
Financing Activities    
Proceeds from issuances of long-term debt 2,491 2,733
Payments of long-term debt (1,945) (1,034)
Short-term borrowings, by original maturity    
More than three months – proceeds 6 53
More than three months – payments (481) (189)
Three months or less, net 1,228 462
Cash dividends paid (1,677) (1,626)
Share repurchases – common (1,028) (1,206)
Share repurchases – preferred (4) (3)
Proceeds from exercises of stock options 823 496
Excess tax benefits from share-based payment arrangements 83 53
Acquisition of noncontrolling interests (20) (12)
Other financing (3) (19)
Net Cash Used for Financing Activities (527) (292)
Effect of exchange rate changes on cash and cash equivalents (206) (21)
Net Increase/(Decrease) in Cash and Cash Equivalents 1,496 (204)
Cash and Cash Equivalents, Beginning of Year 6,297 4,067
Cash and Cash Equivalents, End of Period $ 7,793 $ 3,863