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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 29, 2022
Jul. 30, 2021
Operating Activities:    
Net income $ 931 $ 769
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 668 671
Provision for credit losses 15 15
Deferred income taxes (18) (11)
Stock-based compensation 62 69
Loss on debt extinguishment 53 0
MCS asset impairment and inventory write-down 0 515
Other, net 121 116
Change in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net 89 (40)
Inventories, net (380) (75)
Accounts payable and accrued liabilities (147) (416)
Other operating assets and liabilities (311) (321)
Net cash provided by operating activities 1,083 1,292
Investing Activities:    
Acquisitions, net of cash acquired (1,191) 0
Additions to property, plant, and equipment (426) (378)
Purchases of investments (1,884) (2,654)
Sales and maturities of investments 1,886 2,324
Other investing activities, net 30 (76)
Net cash used in investing activities (1,585) (784)
Financing Activities:    
Proceeds from short-term borrowings (maturities greater than 90 days) 2,284 0
Payments on long-term debt (2,311) (1)
Dividends to shareholders (903) (846)
Issuance of ordinary shares 43 111
Repurchase of ordinary shares (336) (315)
Other financing activities 273 (4)
Net cash used in financing activities (950) (1,055)
Effect of exchange rate changes on cash and cash equivalents (122) (42)
Net change in cash and cash equivalents (1,574) (589)
Cash and cash equivalents at beginning of period 3,714 3,593
Cash and cash equivalents at end of period 2,140 3,004
Cash paid for:    
Income taxes 260 249
Interest $ 68 $ 63