XML 86 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
Operating Activities      
Net income $ 6,787 $ 6,214 $ 6,462
Depreciation and amortization 2,663 2,689 2,737
Stock-based compensation expense 303 278 326
Merger and integration costs 10 16 329
Cash payments for merger and integration costs (25) (83) (377)
Restructuring and impairment charges 163 279 383
Cash payments for restructuring charges (133) (343) (31)
Restructuring and other charges related to the transaction with Tingyi    176   
Cash payments for restructuring and other charges related to the transaction with Tingyi (26) (109)   
Non-cash foreign exchange loss related to Venezuela devaluation 111      
Excess tax benefits from share-based payment arrangements (117) (124) (70)
Pension and retiree medical plan contributions (262) (1,865) (349)
Pension and retiree medical plan expenses 663 796 571
Deferred income taxes and other tax charges and credits (1,058) 321 495
Change in accounts and notes receivable (88) (250) (666)
Change in inventories 4 144 (331)
Change in prepaid expenses and other current assets (51) 89 (27)
Change in accounts payable and other current liabilities 1,007 548 520
Change in income taxes payable 86 (97) (340)
Other, net (349) (200) (688)
Net Cash Provided by Operating Activities 9,688 8,479 8,944
Investing Activities      
Capital spending (2,795) (2,714) (3,339)
Sales of property, plant and equipment 109 95 84
Acquisition of WBD, net of cash and cash equivalents acquired       (2,428)
Investment in WBD       (164)
Cash payments related to the transaction with Tingyi (3) (306)   
Other acquisitions and investments in noncontrolled affiliates (109) (121) (601)
Divestitures 133 (32) 780
Short-term investments, by original maturity      
More than three months – maturities       21
Three months or less, net 61 61 45
Other investing, net (21) 12 (16)
Net Cash Used for Investing Activities (2,625) (3,005) (5,618)
Financing Activities      
Proceeds from issuances of long-term debt 4,195 5,999 3,000
Payments of long-term debt (3,894) (2,449) (1,596)
Debt repurchase       (771)
Short-term borrowings, by original maturity      
More than three months – proceeds 23 549 523
More than three months – payments (492) (248) (559)
Three months or less, net 1,634 (1,762) 339
Cash dividends paid (3,434) (3,305) (3,157)
Share repurchases – common (3,001) (3,219) (2,489)
Share repurchases – preferred (7) (7) (7)
Proceeds from exercises of stock options 1,123 1,122 945
Excess tax benefits from share-based payment arrangements 117 124 70
Acquisition of noncontrolling interests (20) (68) (1,406)
Other financing (33) (42) (27)
Net Cash Used for Financing Activities (3,789) (3,306) (5,135)
Effect of exchange rate changes on cash and cash equivalents (196) 62 (67)
Net Increase/(Decrease) in Cash and Cash Equivalents 3,078 2,230 (1,876)
Cash and Cash Equivalents, Beginning of Year 6,297 4,067 5,943
Cash and Cash Equivalents, End of Year $ 9,375 $ 6,297 $ 4,067