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CONSOLIDATED CASH FLOW STATEMENTS (Unaudited) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 25, 2016 | Mar. 27, 2015
OPERATING ACTIVITIES |  |
Net Earnings | $ 356 | $ 442
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities: |  |
Depreciation | 313 | 295
Deferred Income Taxes | 80 | 6
Other Operating Activities | (29) | 26
Changes in Operating Assets and Liabilities: |  |
Accounts Receivable | 57 | 19
Other Current Assets | (30) | (51)
Accounts Payable | 50 | 24
Income and Other Taxes Payable | 59 | 130
Other Current Liabilities | (102) | (201)
Net Cash Provided by Operating Activities | 754 | 690
INVESTING ACTIVITIES |  |
Property Additions | (425) | (598)
Purchase of Short-term Investments | (235) | (105)
Proceeds from Sales of Short-term Investments | 670 | 140
Other Investing Activities | 31 | 63
Net Cash Provided by (Used in) Investing Activities | 41 | (500)
FINANCING ACTIVITIES |  |
Dividends Paid | (173) | (158)
Shares Repurchased | (249) | (127)
Other Financing Activities | (270) | (13)
Net Cash Used in Financing Activities | (692) | (298)
Net Increase (Decrease) in Cash and Cash Equivalents | 103 | (108)
CASH AND CASH EQUIVALENTS |  |
Cash and Cash Equivalents at Beginning of Period | 628 | 669
Cash and Cash Equivalents at End of Period | $ 731 | $ 561

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