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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
8 Months Ended
Sep. 03, 2016
Sep. 05, 2015
Operating Activities    
Net income $ 4,962 $ 3,768
Depreciation and amortization 1,611 1,644
Share-based compensation expense 190 208
Restructuring and impairment charges 106 113
Cash payments for restructuring charges (90) (149)
Charges related to the transaction with Tingyi (Cayman Islands) Holding Corp. (Tingyi) 373 73
Venezuela impairment charges 0 1,359
Excess tax benefits from share-based payment arrangements (115) (85)
Pension and retiree medical plan expenses 191 326
Pension and retiree medical plan contributions (182) (165)
Deferred income taxes and other tax charges and credits 285 186
Accounts and notes receivable (1,301) (1,553)
Inventories (381) (574)
Prepaid expenses and other current assets (141) (157)
Accounts payable and other current liabilities 523 1,014
Income taxes payable 813 1,002
Other, net (249) (235)
Net Cash Provided by Operating Activities 6,595 6,775
Investing Activities    
Capital spending (1,566) (1,463)
Sales of property, plant and equipment 59 63
Acquisitions and investments in noncontrolled affiliates (16) (24)
Reduction of cash due to Venezuela deconsolidation 0 (568)
Divestitures 76 75
More than three months - purchases (7,084) (2,391)
More than three months - maturities 5,479 3,005
Three months or less, net 12 0
Other investing, net 9 (3)
Net Cash Used for Investing Activities (3,031) (1,306)
Financing Activities    
Proceeds from issuances of long-term debt 3,355 5,719
Payments of long-term debt (3,085) (4,066)
Short-term borrowings, by original maturity    
More than three months - proceeds 57 13
More than three months - payments (12) (31)
Three months or less, net 2,024 1,431
Cash dividends paid (3,144) (3,008)
Share repurchases - common (2,079) (3,199)
Share repurchases - preferred (3) (3)
Proceeds from exercises of stock options 415 327
Excess tax benefits from share-based payment arrangements 115 85
Other financing (29) (26)
Net Cash Provided by/(Used for) Financing Activities (2,386) (2,758)
Effect of exchange rate changes on cash and cash equivalents (18) (147)
Net (Decrease)/Increase in Cash and Cash Equivalents 1,160 2,564
Cash and Cash Equivalents, Beginning of Year 9,096 6,134
Cash and Cash Equivalents, End of Period $ 10,256 $ 8,698