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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 13, 2015
Jun. 14, 2014
Cash Flows - Operating Activities    
Net Income - including noncontrolling interests $ 597 $ 737
Depreciation and amortization 326 320
Closures and impairment (income) expenses 27 24
Refranchising (gain) loss 58 (7)
Contributions to defined benefit pension plans (78) (14)
Deferred income taxes (77) (10)
Equity income from investments in unconsolidated affiliates (16) (22)
Distributions of income received from unconsolidated affiliates 4 7
Excess tax benefits from share-based compensation (40) (25)
Share-based compensation expense 28 25
Changes in accounts and notes receivable 16 12
Changes in inventories 21 5
Changes in prepaid expenses and other current assets (27) (11)
Changes in accounts payable and other current liabilities 11 (27)
Changes in income taxes payable 91 96
Other, net 6 (26)
Net Cash Provided by Operating Activities 947 1,084
Cash Flows - Investing Activities    
Capital spending (404) (408)
Changes in short-term investments, net (16) (227)
Proceeds from refranchising of restaurants 29 17
Other, net 39 4
Net Cash Used in Investing Activities (352) (614)
Cash Flows - Financing Activities    
Repayments of long-term debt (7) (5)
Short-term borrowings by original maturity    
More than three months - proceeds 0 0
More than three months - payments 0 0
Three months or less, net 0 0
Revolving credit facilities, three months or less, net 65 178
Repurchase shares of Common Stock (287) (300)
Excess tax benefits from share-based compensation 40 25
Employee stock option proceeds 11 16
Dividends paid on Common Stock (355) (327)
Other, net (43) (20)
Net Cash Used in Financing Activities (576) (433)
Effect of Exchange Rates on Cash and Cash Equivalents 39 (13)
Net Increase (Decrease) in Cash and Cash Equivalents 58 24
Cash and Cash Equivalents - Beginning of Period 578 573
Cash and Cash Equivalents - End of Period $ 636 $ 597