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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2020
Jul. 26, 2019
Operating Activities:    
Net income $ 491 $ 877
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 669 657
Provision for doubtful accounts 37 25
Deferred income taxes 3 18
Stock-based compensation 70 61
Loss on debt extinguishment 0 406
Other, net 68 58
Change in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net (142) 319
Inventories, net (235) (122)
Accounts payable and accrued liabilities (541) (629)
Other operating assets and liabilities (142) (160)
Net cash provided by operating activities 278 1,510
Investing Activities:    
Acquisitions, net of cash acquired 0 (145)
Additions to property, plant, and equipment (334) (301)
Purchases of investments (2,045) (1,669)
Sales and maturities of investments 2,403 1,569
Other investing activities (16) (5)
Net cash provided by (used in) investing activities 8 (551)
Financing Activities:    
Change in current debt obligations, net (16) 88
Proceeds from short-term borrowings (maturities greater than 90 days) 2,789 0
Issuance of long-term debt 0 5,567
Payments on long-term debt (11) (5,035)
Dividends to shareholders (778) (724)
Issuance of ordinary shares 26 210
Repurchase of ordinary shares 0 (333)
Other financing activities (51) (47)
Net cash provided by (used in) financing activities 1,959 (274)
Effect of exchange rate changes on cash and cash equivalents 114 2
Net change in cash and cash equivalents 2,359 687
Cash and cash equivalents at beginning of period 4,140 4,393
Cash and cash equivalents at end of period 6,499 5,080
Cash paid for:    
Income taxes 72 198
Interest $ 72 $ 86