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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 29, 2017
Dec. 30, 2016
Cash flows from operating activities    
Net income (loss) $ (142) $ (131)
Adjustments to reconcile net loss to net cash provided by operations:    
Depreciation and amortization 1,068 1,022
Stock-based compensation 196 201
Deferred income taxes (129) 117
Loss on disposal of assets 12 10
Write-off of issuance costs and amortization of debt discounts 23 258
Loss on convertible debt and related instruments 0 5
Non-cash portion of employee termination, asset impairment and other charges 0 13
Other non-cash operating activities, net 16 42
Changes in:    
Accounts receivable, net (99) (540)
Inventories 65 52
Accounts payable (276) 180
Accounts payable to related parties 44 6
Accrued expenses 95 59
Accrued compensation 17 194
Other assets and liabilities, net 1,425 12
Net cash provided by operations 2,315 1,500
Cash flows from investing activities    
Purchases of property, plant and equipment (416) (330)
Proceeds from the sale of property, plant and equipment 10 1
Acquisitions, net of cash acquired (99) 0
Purchases of investments (57) (239)
Proceeds from sale of investments 29 55
Proceeds from maturities of investments 16 279
Investments in Flash Ventures 0 (20)
Notes receivable issuances to Flash Ventures (621) (309)
Notes receivable proceeds from Flash Ventures 112 259
Strategic investments and other, net 19 (12)
Net cash used in investing activities (1,007) (316)
Cash flows from financing activities    
Issuance of stock under employee stock plans 99 90
Taxes paid on vested stock awards under employee stock plans (67) (40)
Excess tax benefits from employee stock plans 0 56
Proceeds from acquired call option 0 61
Dividends paid to shareholders (295) (284)
Settlement of debt hedge contracts 28 0
Repayment of debt (4,114) (8,254)
Proceeds from debt 2,963 3,992
Debt issuance costs (5) (7)
Net cash used in financing activities (1,391) (4,386)
Effect of exchange rate changes on cash 1 (9)
Net decrease in cash and cash equivalents (82) (3,211)
Cash and cash equivalents, beginning of year 6,354 8,151
Cash and cash equivalents, end of period 6,272 4,940
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 140 43
Cash paid for interest 308 299
Supplemental disclosure of non-cash investing and financing activities:    
Accrual of cash dividend declared $ 149 $ 144