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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
Operating Activities      
Net income $ 9,155 $ 8,978 $ 7,679
Depreciation and amortization 2,948 2,763 2,710
Gain associated with the Juice Transaction 0 (3,321) 0
Impairment and other charges 1,230 3,618 0
Product recall-related impact 136 0 0
Operating lease right-of-use asset amortization 570 517 505
Share-based compensation expense 380 343 301
Restructuring and impairment charges 445 411 247
Cash payments for restructuring charges (434) (224) (256)
Acquisition and divestiture-related charges 41 80 (4)
Cash payments for acquisition and divestiture-related charges (41) (46) (176)
Pension and retiree medical plan expenses 150 419 123
Pension and retiree medical plan contributions (410) (384) (785)
Deferred income taxes and other tax charges and credits (271) (873) 298
Tax expense related to the TCJ Act 0 86 190
Tax payments related to the TCJ Act (309) (309) (309)
Change in assets and liabilities [Abstract]      
Accounts and notes receivable (793) (1,763) (651)
Inventories (261) (1,142) (582)
Prepaid expenses and other current assets (13) 118 159
Accounts payable and other current liabilities 420 1,842 1,762
Income taxes payable 310 57 30
Other, net 189 (359) 375
Net Cash Provided by Operating Activities 13,442 10,811 11,616
Investing Activities      
Capital spending (5,518) (5,207) (4,625)
Sales of property, plant and equipment 198 251 166
Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets (314) (873) (61)
Proceeds associated with the Juice Transaction 0 3,456 0
Other divestitures, sales of investments in noncontrolled affiliates and other assets 75 49 169
Short-term investments, by original maturity:      
More than three months - purchases (555) (291) 0
More than three months - maturities 556 150 1,135
More than three months - Sales 12 0 0
Three months or less, net 3 24 (58)
Other investing, net 48 11 5
Net Cash Used for Investing Activities (5,495) (2,430) (3,269)
Financing Activities      
Proceeds from issuances of long-term debt 5,482 3,377 4,122
Payments of long-term debt (3,005) (2,458) (3,455)
Debt redemptions/cash tender offers 0 (1,716) (4,844)
Short-term borrowings, by original maturity      
More than three months - proceeds 5,428 1,969 8
More than three months - payments (3,106) (1,951) (397)
Three months or less, net (29) (31) 434
Payments of acquisition-related contingent consideration 0 0 (773)
Cash dividends paid (6,682) (6,172) (5,815)
Share repurchases - common (1,000) (1,500) (106)
Proceeds from exercises of stock options 116 138 185
Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted (140) (107) (92)
Other financing (73) (72) (47)
Net Cash Used for Financing Activities (3,009) (8,523) (10,780)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (277) (465) (114)
Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash 4,661 (607) (2,547)
Cash and cash equivalents and restricted cash $ 9,761 $ 5,100 $ 5,707