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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES    
Net earnings $ 557 $ 312
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 207 232
Stock-based compensation expense 30 36
Deferred income tax (benefit) / provision (53) 25
Asset impairments 67 78
Loss on early extinguishment of debt   708
JDE coffee business transactions currency-related net gains   (551)
Gain on equity method investment exchange (43)  
Income from equity method investments (85) (26)
Distributions from equity method investments 54 56
Other non-cash items, net 102 37
Change in assets and liabilities, net of acquisitions and divestitures:    
Receivables, net (404) (558)
Inventories, net (77) (178)
Accounts payable (135) 317
Other current assets 14 (50)
Other current liabilities (463) (481)
Change in pension and postretirement assets and liabilities, net (225) (239)
Net cash used in operating activities (454) (282)
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES    
Capital expenditures (335) (439)
Proceeds from JDE coffee business transactions currency hedge settlements   939
Acquisitions, net of cash received   (81)
Proceeds from sale of property, plant and equipment and other 19 (2)
Net cash (used in) / provided by investing activities (316) 417
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES    
Issuances of commercial paper, maturities greater than 90 days 67 333
Repayments of commercial paper, maturities greater than 90 days   (96)
Net (repayments) / issuances of other short-term borrowings 2,246 2,154
Long-term debt proceeds 1,149 3,601
Long-term debt repaid (1,755) (4,085)
Repurchase of Common Stock (1,187) (1,500)
Dividends paid (269) (249)
Other (44) 27
Net cash provided by financing activities 207 185
Effect of exchange rate changes on cash and cash equivalents 31 (116)
Cash and cash equivalents:    
(Decrease) / increase (532) 204
Balance at beginning of period 1,870 1,631
Balance at end of period $ 1,338 $ 1,835