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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES    
Net earnings $ 1,576 $ 8,007
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 615 663
Stock-based compensation expense 102 98
Deferred income tax benefit (163) (81)
Gains on JDE coffee business transactions and divestiture   (7,135)
Asset impairments 262 195
Loss on early extinguishment of debt   708
JDE coffee business transactions currency-related net gains   (436)
Gain on equity method investment exchange (43)  
Equity method investment net (earnings) / losses (218) 16
Distributions from equity method investments 75 58
Other non-cash items, net 10 142
Change in assets and liabilities, net of acquisitions and divestitures:    
Receivables, net (265) (868)
Inventories, net (121) (314)
Accounts payable (143) 496
Other current assets 79 36
Other current liabilities (266) 11
Change in pension and postretirement assets and liabilities, net (362) (184)
Net cash provided by operating activities 1,138 1,412
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES    
Capital expenditures (909) (1,178)
Proceeds from JDE coffee business transactions currency hedge settlements   1,050
Acquisitions, net of cash received   (536)
Proceeds from JDE coffee business transaction and divestiture, net of disbursements 275 4,091
Proceeds from sale of property, plant and equipment and other assets 113 33
Net cash (used in) / provided by investing activities (521) 3,460
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES    
Issuances of commercial paper, maturities greater than 90 days 1,028 613
Repayments of commercial paper, maturities greater than 90 days (337) (710)
Net issuances of other short-term borrowings 1,533 396
Long-term debt proceeds 1,149 3,606
Long-term debt repaid (1,757) (4,543)
Repurchase of Common Stock (1,727) (3,003)
Dividends paid (801) (736)
Other 82 107
Net cash used in financing activities (830) (4,270)
Effect of exchange rate changes on cash and cash equivalents 29 (194)
Cash and cash equivalents:    
(Decrease) / increase (184) 408
Balance at beginning of period 1,870 1,631
Balance at end of period $ 1,686 $ 2,039