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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Cash flows from operating activities:    
Net income (loss) $ (240) $ 149
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation and amortization 1,672 1,525
Share-based compensation 295 257
Amortization of discount (premium) on debt, net (1) 34
Amortization of debt issuance costs 7 8
Net (gain) loss on sale of assets (111) (20)
(Gain) loss on extinguishment of debt 0 11
Results relating to equity-accounted investees 3 (2)
Deferred tax expense (benefit) (274) (126)
Changes in operating assets and liabilities:    
(Increase) decrease in receivables and other current assets (1) (28)
(Increase) decrease in inventories 129 135
Increase (decrease) in accounts payable and other liabilities (14) (425)
Decrease (increase) in other non-current assets (16) 36
Exchange differences 6 6
Other items (2) (1)
Net cash provided by (used for) operating activities 1,453 1,559
Cash flows from investing activities:    
Purchase of identified intangible assets (95) (72)
Capital expenditures on property, plant and equipment (288) (388)
Proceeds from disposals of property, plant and equipment 3 23
Purchase of interests in businesses, net of cash acquired (21) 0
Proceeds from sale of interests in businesses 161 37
Purchase of investments (15) (19)
Proceeds from sale of investments 0 1
Net cash provided by (used for) investing activities (255) (418)
Cash flows from financing activities:    
Repurchase of long-term debt 0 600
Proceeds from the issuance of long-term debt 2,000 1,750
Cash paid for debt issuance costs 15 24
Payments for Hedge, Financing Activities 0 (1)
Dividends paid to non-controlling interests 34 0
Dividends paid to common stockholders (315) (214)
Proceeds from issuance of common stock through stock plans 64 70
Purchase of treasury shares and restricted stock unit withholdings (370) (1,369)
Net cash provided by (used for) financing activities 1,330 (388)
Effect of changes in exchange rates on cash positions (7) (5)
Increase (decrease) in cash and cash equivalents 2,521 748
Cash and cash equivalents at beginning of period 1,045 2,789
Cash and cash equivalents at end of period 3,566 3,537
Net cash paid during the period for:    
Interest 211 147
Income taxes 103 334
Net gain (loss) on sale of assets:    
Cash proceeds from the sale of assets 163 21
Book value of these assets (52) (1)
Non-cash investing activities:    
Non-cash capital expenditures $ 62 $ 272