Income Taxes

9 Months Ended

Sep. 07, 2013

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

A rollforward of our reserves for all federal, state and foreign tax jurisdictions is as follows:

	9/7/2013			12/29/2012
Balance, beginning of year	$	2,425		$	2,167
Additions for tax positions related to the current year	177			275
Additions for tax positions from prior years	138			161
Reductions for tax positions from prior years	(110		)	(172		)
Settlement payments	(211		)	(17		)
Statute of limitations expiration	(26		)	(3		)
Translation and other	(7		)	14
Balance, end of period	$	2,386		$	2,425

In the fourth quarter of 2013, we reached an agreement with the Internal Revenue Service resolving all open matters related to the audits for taxable years 2003 through 2009. As a result, we expect to make net cash tax payments of approximately $700 million that will reduce our net cash provided by operating activities and our reserves for uncertain tax positions for various jurisdictions in the fourth quarter of 2013. In addition, as previously disclosed, we believe it is reasonably possible that our reserves for uncertain tax positions could be further impacted in the fourth quarter of 2013.