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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 26, 2019
Apr. 27, 2018
Apr. 28, 2017
Operating Activities:      
Net income $ 4,650 $ 3,095 $ 4,024
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,659 2,644 2,917
Provision for doubtful accounts 78 52 39
Deferred income taxes (304) (919) (459)
Stock-based compensation 290 344 348
Loss on debt extinguishment 457 38 0
Gain on sale of businesses 0 (697) 0
Investment loss 0 227 0
Other, net 257 73 (128)
Change in operating assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable, net (581) (275) (75)
Inventories, net (274) (192) (227)
Accounts payable and accrued liabilities 399 65 356
Other operating assets and liabilities (624) 229 85
Net cash provided by operating activities 7,007 4,684 6,880
Investing Activities:      
Acquisitions, net of cash acquired (1,827) (137) (1,324)
Proceeds from sale of businesses 0 6,058 0
Additions to property, plant, and equipment (1,134) (1,068) (1,254)
Purchases of investments (2,532) (3,200) (4,371)
Sales and maturities of investments 4,683 4,227 5,356
Other investing activities, net 36 (22) 22
Net cash (used in) provided by investing activities (774) 5,858 (1,571)
Financing Activities:      
Change in current debt obligations, net (713) (249) 906
Issuance of long-term debt 7,794 21 2,140
Payments on long-term debt (7,948) (7,370) (863)
Dividends to shareholders (2,693) (2,494) (2,376)
Issuance of ordinary shares 992 403 428
Repurchase of ordinary shares (2,877) (2,171) (3,544)
Other financing activities 14 (94) 26
Net cash used in financing activities (5,431) (11,954) (3,283)
Effect of exchange rate changes on cash and cash equivalents (78) 114 65
Net change in cash and cash equivalents 724 (1,298) 2,091
Cash and cash equivalents at beginning of period 3,669 4,967 2,876
Cash and cash equivalents at end of period 4,393 3,669 4,967
Cash paid for:      
Income taxes 1,558 2,542 1,029
Interest $ 973 $ 1,147 $ 1,134