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Consolidated Statements of Cash Flows (USD $)
In Millions
12 Months Ended
Jul. 01, 2011
Jul. 02, 2010
Jul. 03, 2009
Cash flows from operating activities      
Net income $ 726 $ 1,382 $ 470
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 602 510 479
Stock-based compensation 69 60 47
Deferred income taxes 20 27 24
Loss on investments     10
Acquired in-process research and development     14
Non-cash portion of restructuring and other, net     63
Changes in:      
Accounts receivable, net 50 (330) 92
Inventories (17) (148) 88
Accounts payable 178 270 (33)
Accrued expenses 71 67 23
Other assets and liabilities (44) 104 28
Net cash provided by operating activities 1,655 1,942 1,305
Cash flows from investing activities      
Purchases of property, plant and equipment (778) (737) (519)
Proceeds from the sale of property, plant and equipment     29
Acquisitions, net of cash acquired (15) (253) (63)
Sales and maturities of investments   4 2
Net cash used in investing activities (793) (986) (551)
Cash flows from financing activities      
Issuance of stock under employee stock plans 58 79 28
Taxes paid on vested stock awards under employee stock plans (8) (17) (5)
Increase (decrease) in excess tax benefits from employee stock plans   4 (24)
Repurchases of common stock (50)   (36)
Repayment of debt (106) (82) (27)
Net cash used in financing activities (106) (16) (64)
Net increase in cash and cash equivalents 756 940 690
Cash and cash equivalents, beginning of year 2,734 1,794 1,104
Cash and cash equivalents, end of year 3,490 2,734 1,794
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 10 7 11
Cash paid for interest $ 6 $ 8 $ 14