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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Apr. 03, 2020
Mar. 29, 2019
OPERATING ACTIVITIES    
Net income $ 838 $ 1,029
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 279 407
Share-based compensation 80 73
Deferred income taxes 3 15
Other non-cash operating activities, net 55 (69)
Changes in operating assets and liabilities:    
Accounts receivable, net (172) 296
Inventories (126) 49
Accounts payable 424 (366)
Accrued employee compensation (14) (108)
Accrued expenses, income taxes and warranty (18) (32)
Other assets and liabilities (23) 19
Net cash provided by operating activities 1,326 1,313
INVESTING ACTIVITIES    
Acquisition of property, equipment and leasehold improvements (471) (451)
Purchases of investments (57) (14)
Net cash used in investing activities (527) (359)
FINANCING ACTIVITIES    
Redemption and repurchase of debt (685) (499)
Dividends to shareholders (505) (539)
Repurchases of ordinary shares (795) (613)
Taxes paid related to net share settlement of equity awards (39) (30)
Net proceeds from issuance of long-term debt 498 196
Proceeds from issuance of ordinary shares under employee stock plans 100 68
Net cash used in financing activities (1,428) (1,417)
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash (8) (3)
Decrease in cash, cash equivalents and restricted cash (637) (466)
Cash, cash equivalents and restricted cash at the beginning of the period 2,251 1,857
Cash, cash equivalents and restricted cash at the end of the period 1,614 1,391
Proceeds from Derivative Instrument, Investing Activities 0 66
Proceeds from Sales of Assets, Investing Activities 0 10
Proceeds from Sale of Other Assets, Investing Activities 1 30
Proceeds from (Payments for) Other Financing Activities $ (2) $ 0