XML 19 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income (loss) $ (81) $ 117
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 1,567 1,582
Stock-based compensation 299 303
Deferred income taxes (336) 61
Loss on disposal of assets 16 12
Write-off of issuance costs and amortization of debt discounts 208 275
Cash premium on extinguishment of debt 720 0
Loss on convertible debt and related instruments 0 6
Non-cash portion of employee termination, asset impairment and other charges 16 13
Other non-cash operating activities, net (15) 58
Changes in:    
Accounts receivable, net (58) (489)
Inventories (324) (117)
Accounts payable (41) 319
Accounts payable to related parties 76 25
Accrued expenses (89) 160
Accrued compensation 2 90
Other assets and liabilities, net 1,382 83
Net cash provided by operations 3,342 2,498
Cash flows from investing activities    
Purchases of property, plant and equipment (643) (453)
Proceeds from the sale of property, plant and equipment 24 21
Acquisitions, net of cash acquired (99) 0
Purchases of investments (66) (274)
Proceeds from sale of investments 39 75
Proceeds from maturities of investments 16 430
Investments in Flash Ventures 0 (20)
Notes receivable issuances to Flash Ventures (1,015) (480)
Notes receivable proceeds from Flash Ventures 308 276
Strategic investments and other, net 30 (21)
Net cash used in investing activities (1,406) (446)
Cash flows from financing activities    
Issuance of stock under employee stock plans 146 123
Taxes paid on vested stock awards under employee stock plans (164) (111)
Excess tax benefits from employee stock plans 0 90
Proceeds from acquired call option 0 61
Repurchases of common stock (155) 0
Dividends paid to shareholders (443) (428)
Settlement of debt hedge contracts 28 0
Repayment of debt and premiums (14,581) (12,179)
Proceeds from revolving credit facility 500 0
Proceeds from debt 11,384 7,908
Debt issuance costs (52) (10)
Net cash used in financing activities (3,337) (4,546)
Effect of exchange rate changes on cash 10 (5)
Net decrease in cash and cash equivalents (1,391) (2,499)
Cash and cash equivalents, beginning of year 6,354 8,151
Cash and cash equivalents, end of period 4,963 5,652
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 177 117
Cash paid for interest 633 454
Supplemental disclosure of non-cash investing and financing activities:    
Accrual of cash dividend declared $ 150 $ 145