XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 15, 2019
Jun. 16, 2018
Operating Activities    
Net income $ 3,465 $ 3,183
Depreciation and amortization 1,056 1,070
Share-based compensation expense 118 146
Restructuring and impairment charges 184 44
Cash payments for restructuring charges (153) (126)
Pension and retiree medical plan expenses 98 93
Pension and retiree medical plan contributions (317) (1,573)
Deferred income taxes and other tax charges and credits 221 (167)
Tax Cuts and Jobs Act, Income Tax Expense (Benefit) (29) 778
Tax payments related to the TCJ Act (393) (38)
Change in assets and liabilities [Abstract]    
Accounts and notes receivable (1,372) (1,019)
Inventories (872) (637)
Prepaid expenses and other current assets (336) (224)
Accounts payable and other current liabilities (521) (560)
Income taxes payable 202 410
Other, net 37 (293)
Net Cash Provided by (Used in) Operating Activities 1,388 1,087
Investing Activities    
Capital spending (1,167) (945)
Sales of property, plant and equipment 42 43
Acquisition of SodaStream, net of cash and cash equivalents acquired (1,880) 0
Acquisitions and investments in noncontrolled affiliates (544) (188)
Divestitures 270 280
Short-term investments, by original maturity [Abstract]    
More than three months - purchases 0 (5,544)
More than three months - maturities 4 9,416
More than three months - sales 2 760
Three months or less, net 8 5
Other investing, net (6) 0
Net Cash Provided by (Used in) Investing Activities (3,271) 3,827
Financing Activities    
Proceeds from Issuance of Long-term Debt 1,122 0
Payments of long-term debt (2,953) (2,502)
Short-term borrowings, by original maturity    
More than three months - proceeds 6 0
More than three months - payments 0 (17)
Three months or less, net 652 4,091
Cash dividends paid (2,635) (2,305)
Share repurchases - common (1,726) (984)
Share repurchases - preferred 0 (2)
Proceeds from exercises of stock options 210 145
Withholding tax payments on RSUs, PSUs and PEPunits converted (100) (82)
Other financing (15) (2)
Net Cash Provided by/(Used for) Financing Activities (5,439) (1,658)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 24 (19)
Cash and Cash Equivalents and Restricted Cash, Period Increase (Decrease) (7,298) 3,237
Cash and Cash Equivalents and Restricted Cash, Beginning of Year 10,769 10,657
Cash and Cash Equivalents and Restricted Cash, End of Period $ 3,471 $ 13,894