CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 25, 2017	Mar. 19, 2016
Operating Activities
Net income	$ 1,329	$ 945
Depreciation and amortization	477	481
Share-based compensation expense	72	69
Restructuring and impairment charges	27	30
Cash payments for restructuring charges	(7)	(30)
Charge related to transaction with Tingyi (Cayman Islands) Holding Corp. (Tingyi)	0	373
Pension and retiree medical plan expenses	44	60
Pension and retiree medical plan contributions	(79)	(93)
Deferred income taxes and other tax charges and credits	129	19
Accounts and notes receivable	(128)	(349)
Inventories	(513)	(530)
Prepaid expenses and other current assets	(299)	(255)
Accounts payable and other current liabilities	(1,386)	(661)
Income taxes payable	172	318
Other, net	(37)	(72)
Net Cash Provided by Operating Activities	(199)	305
Investing Activities
Capital spending	(317)	(389)
Sales of property, plant and equipment	12	25
Acquisitions and investments in noncontrolled affiliates	(36)	0
Divestitures	41	55
More than three months - purchases	(3,436)	(2,556)
More than three months - maturities	3,866	1,446
More than three months - sales	138	0
Three months or less, net	0	7
Other investing, net	1	0
Net Cash Provided by/(Used for) Investing Activities	269	(1,412)
Financing Activities
Proceeds from issuances of long-term debt	0	2,532
Payments of long-term debt	(752)	(1,251)
Short-term borrowings, by original maturity
More than three months - proceeds	28	0
More than three months - payments	0	(9)
Three months or less, net	2,396	480
Cash dividends paid	(1,098)	(1,038)
Share repurchases - common	(444)	(619)
Share repurchases - preferred	(1)	(2)
Proceeds from exercises of stock options	245	165
Withholding tax payments on RSUs, PSUs and PEPunits converted	(116)	(99)
Other financing	(1)	(2)
Net Cash Provided by/(Used for) Financing Activities	257	157
Effect of exchange rate changes on cash and cash equivalents	43	(22)
Net (Decrease)/Increase in Cash and Cash Equivalents	370	(972)
Cash and Cash Equivalents, Beginning of Year	9,158	9,096
Cash and Cash Equivalents, End of Period	$ 9,528	$ 8,124