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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 25, 2016
Jun. 27, 2015
Cash flows from operating activities:    
Net income (loss) $ 256 $ (13)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 110 150
Charges for losses on inventories and receivables 36 30
Asset impairments   9
Changes in working capital and other (254) (311)
Net cash provided by (used in) operating activities 148 (135)
Cash flows from investing activities:    
Capital expenditures (49) (71)
Acquisition, net of cash acquired   (10)
Proceeds from disposition of assets and other 12 42
Net cash used in investing activities (37) (39)
Cash flows from financing activities:    
Net proceeds on employee share-based transactions 1 4
Net payments on long and short-term borrowings (32) (12)
Debt related fees (6) (1)
Repurchase of common stock for treasury (26)  
Net cash used in financing activities (63) (9)
Effect of exchange rate changes on cash and cash equivalents 1 (21)
Net increase (decrease) in cash and cash equivalents 49 (204)
Cash and cash equivalents at beginning of period 1,069 1,071
Cash and cash equivalents at end of period $ 1,118 $ 867