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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 14, 2014
Jun. 15, 2013
Operating Activities    
Net income $ 3,214 $ 3,110
Depreciation and amortization 1,162 1,185
Stock-based compensation expense 140 149
Cash payments for merger and integration charges 0 (17)
Restructuring and impairment charges 190 30
Payments for Restructuring (112) (74)
Cash payments for restructuring and other charges related to the transaction with Tingyi (Cayman Islands) Holding Corp. (Tingyi) 0 (18)
Non-cash foreign exchange loss related to Venezuela devaluation 0 111
Excess tax benefits from share-based payment arrangements (64) (83)
Pension and retiree medical plan expenses 243 306
Pension and retiree medical plan contributions (155) (180)
Deferred income taxes and other tax charges and credits 35 (189)
Change in accounts and notes receivable (1,554) (1,088)
Change in inventories (822) (659)
Change in prepaid expenses and other current assets (152) (241)
Change in accounts payable and other current liabilities 120 400
Change in income taxes payable 636 543
Other, net (209) (270)
Net Cash Provided by Operating Activities 2,672 3,015
Investing Activities    
Capital spending (921) (911)
Sales of property, plant and equipment 42 30
Cash payments related to the transaction with Tingyi 0 (3)
Acquisitions and investments in noncontrolled affiliates (31) (59)
Divestitures 123 174
More than three months – purchases 118 (4)
Payments for (Proceeds from) Short-term investments - More Than Three Months 3,498   
Other investing, net 5 (13)
Net Cash Used for Investing Activities (4,162) (786)
Financing Activities    
Proceeds from issuances of long-term debt 3,364 2,491
Payments of long-term debt (1,655) (1,945)
Short-term borrowings, by original maturity    
More than three months – proceeds 1 6
More than three months – payments (9) (481)
Three months or less, net 1,556 1,228
Cash dividends paid (1,752) (1,677)
Share repurchases – common (2,199) (1,028)
Share repurchases – preferred (3) (4)
Proceeds from exercises of stock options 381 823
Excess tax benefits from share-based payment arrangements 64 83
Acquisition of noncontrolling interests 0 (20)
Other financing (3) (3)
Net Cash Used for Financing Activities (255) (527)
Effect of exchange rate changes on cash and cash equivalents (23) (206)
Net (Decrease)/Increase in Cash and Cash Equivalents (1,768) 1,496
Cash and Cash Equivalents, Beginning of Year 9,375 6,297
Cash and Cash Equivalents, End of Period $ 7,607 $ 7,793