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Condensed Consolidated Statement of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 11, 2011
Jun. 12, 2010
Operating Activities    
Net income $ 3,049 $ 3,047
Depreciation and amortization 1,187 969
Stock-based compensation expense 146 119
Cash payments for restructuring charges (1) (28)
Merger and integration costs 113 476
Cash payments for merger and integration costs (207) (209)
Gain on previously held equity interests in The Pepsi Bottling Group, Inc. (PBG) and PepsiAmericas, Inc. (PAS)   (958)
Asset write-off   145
Non-cash foreign exchange loss related to Venezuela devaluation   120
Excess tax benefits from share-based payment arrangements (52) (47)
Pension and retiree medical plan contributions (116) (694)
Pension and retiree medical plan expenses 254 248
Bottling equity income, net of dividends   42
Deferred income taxes and other tax charges and credits (146) 186
Change in accounts and notes receivable (1,491) (994)
Change in inventories (742) 40
Change in prepaid expenses and other current assets (144) (139)
Change in accounts payable and other current liabilities (65) (55)
Change in income taxes payable 849 337
Other, net (281) (163)
Net Cash Provided by Operating Activities 2,353 2,442
Investing Activities    
Capital spending (1,231) (968)
Sales of property, plant and equipment 34 37
Acquisition of manufacturing and distribution rights from Dr Pepper Snapple Group, Inc. (DPSG)   (900)
Investment in WBD (164)  
Other acquisitions and investments in noncontrolled affiliates (61) (34)
Short-term investments, by original maturity    
More than three months - purchases   (6)
More than three months - maturities 10 15
Three months or less, net (10) (46)
Other investing, net (2) (10)
Net Cash Used For Investing Activities (3,852) (4,745)
Financing Activities    
Proceeds from issuances of long-term debt 1,754 4,216
Payments of long-term debt (285) (26)
Short-term borrowings, by original maturity    
More than three months - proceeds 180 31
More than three months - payments (152) (19)
Three months or less, net (290) 3,329
Cash dividends paid (1,530) (1,451)
Share repurchases - common (746) (3,308)
Share repurchases - preferred (4) (2)
Proceeds from exercises of stock options 652 464
Excess tax benefits from share-based payment arrangements 52 47
Acquisition of noncontrolling interests (1,327) (159)
Other financing (3) (6)
Net Cash (Used for)/Provided by Financing Activities (1,699) 3,116
Effect of exchange rate changes on cash and cash equivalents 168 (227)
Net (Decrease)/Increase in Cash and Cash Equivalents (3,030) 586
Cash and Cash Equivalents, Beginning of Year 5,943 3,943
Cash and Cash Equivalents, End of Period 2,913 4,529
Non-cash activity:    
Issuance of common stock and equity awards in connection with our acquisitions of PBG and PAS, as reflected in investing and financing activities   4,451
PBG and PAS Acquisition [Member]
   
Operating Activities    
Merger and integration costs   467
Investing Activities    
Acquisitions, net of cash and cash equivalents acquired   (2,833)
Wimm-Bill-Dann [Member]
   
Investing Activities    
Acquisitions, net of cash and cash equivalents acquired $ (2,428)