XML 19 R7.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jan. 29, 2016
Jan. 23, 2015
Operating Activities:    
Net income $ 2,435 $ 2,676
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,112 629
Amortization of debt issuance costs 22 69
Acquisition-related items 216 2
Provision for doubtful accounts 43 25
Deferred income taxes (291) (20)
Stock-based compensation 291 115
Other, net (117) (96)
Change in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net 86 (60)
Inventories (388) (245)
Accounts payable and accrued liabilities 177 702
Other operating assets and liabilities (399) (1)
Certain litigation charges 26 0
Certain litigation payments (321) (806)
Net cash provided by operating activities 3,892 2,990
Investing Activities:    
Acquisitions, net of cash acquired (1,132) (611)
Additions to property, plant, and equipment (693) (316)
Purchases of marketable securities (4,509) (5,327)
Sales and maturities of marketable securities 4,017 4,351
Other investing activities, net (11) 60
Net cash used in investing activities (2,328) (1,843)
Financing Activities:    
Acquisition-related contingent consideration (21) (5)
Change in short-term borrowings, net 1,223 7
Repayment of short-term borrowings (maturities greater than 90 days) (48) (150)
Proceeds from short-term borrowings (maturities greater than 90 days) 139 150
Issuance of long-term debt 0 16,918
Payments on long-term debt (1,612) (13)
Dividends to shareholders (1,608) (902)
Issuance of ordinary shares 360 477
Repurchase of ordinary shares (2,170) (1,620)
Other financing activities, net 60 (64)
Net cash used in financing activities (3,677) 14,798
Effect of exchange rate changes on cash and cash equivalents (9) (117)
Net change in cash and cash equivalents (2,122) 15,828
Cash and cash equivalents at beginning of period 4,843 1,403
Cash and cash equivalents at end of period 2,721 17,231
Supplemental Cash Flow Information    
Cash paid for income taxes 1,236 446
Cash paid for interest $ 707 $ 221