XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
8 Months Ended
Sep. 03, 2022
Sep. 04, 2021
Operating Activities    
Net income $ 8,443 $ 6,338
Depreciation and amortization 1,854 1,863
Gain associated with the Juice Transaction (3,321) 0
Brand portfolio impairment charges 475 0
Russia-Ukraine conflict charges 1,402 0
Operating lease right-of-use asset amortization 346 340
Share-based compensation expense 233 215
Restructuring and impairment charges 126 129
Cash payments for restructuring charges (134) (165)
Acquisition and divestiture-related charges 69 12
Cash payments for acquisition and divestiture-related charges (41) (25)
Pension and retiree medical plan expenses 235 81
Pension and retiree medical plan contributions (335) (715)
Deferred income taxes and other tax charges and credits (322) 261
Tax expense related to the Tax Cuts and Jobs Act (TCJ Act) 86 190
Tax payments related to the TCJ Act (309) (309)
Change in assets and liabilities:    
Accounts and notes receivable (2,258) (1,416)
Inventories (837) (579)
Prepaid expenses and other current assets (124) (46)
Accounts payable and other current liabilities 426 99
Income taxes payable 718 645
Other, net (426) (284)
Net Cash Provided by Operating Activities 6,306 6,634
Investing Activities    
Capital spending (2,556) (2,276)
Sales of property, plant and equipment 228 40
Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets (804) (28)
Proceeds associated with the Juice Transaction 3,456 0
Other divestitures, sales of investments in noncontrolled affiliates and other assets 15 158
Short-term investments, by original maturity:    
More than three months - purchases (46) 0
More than three months - maturities 0 1,135
Three months or less, net 9 (65)
Other investing, net 7 6
Net Cash Provided by/(Used for) Investing Activities 309 (1,030)
Financing Activities    
Proceeds from issuances of long-term debt 3,377 0
Payments of long-term debt (1,653) (2,454)
Debt redemptions (1,550) 0
Short-term borrowings, by original maturity:    
More than three months - proceeds 1,947 0
More than three months - payments (1,932) (397)
Three months or less, net (45) 19
Cash dividends paid (4,586) (4,328)
Share repurchases - common (1,156) (106)
Proceeds from exercises of stock options 113 146
Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted (97) (82)
Other financing (25) (19)
Net Cash Used for Financing Activities (5,607) (7,221)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (197) (30)
Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash 811 (1,647)
Cash and Cash Equivalents and Restricted Cash, Beginning of Year 5,707 8,254
Cash and Cash Equivalents and Restricted Cash, End of Period 6,518 6,607
Supplemental Non-Cash Activity    
Right-of-use assets obtained in exchange for lease obligations $ 560 $ 494