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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Oct. 28, 2022
Oct. 29, 2021
Operating Activities:    
Net income $ 1,367 $ 2,086
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,339 1,347
Provision for credit losses 41 34
Deferred income taxes (92) (78)
Stock-based compensation 199 209
Loss on debt extinguishment 53 0
MCS asset impairment and inventory write-down 0 515
Other, net 148 130
Change in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net (346) (171)
Inventories, net (784) (156)
Accounts payable and accrued liabilities (14) (446)
Other operating assets and liabilities 94 (409)
Net cash provided by operating activities 2,005 3,061
Investing Activities:    
Acquisitions, net of cash acquired (1,867) (91)
Additions to property, plant, and equipment (749) (649)
Purchases of investments (3,743) (5,311)
Sales and maturities of investments 3,609 4,637
Other investing activities, net 19 (79)
Net cash used in investing activities (2,731) (1,493)
Financing Activities:    
Change in current debt obligations, net 349 0
Proceeds from (repayments of) short-term borrowings (maturities greater than 90 days) 2,284 0
Issuance of long-term debt 3,430 0
Payments on long-term debt (2,311) (1)
Dividends to shareholders (1,807) (1,693)
Issuance of ordinary shares 153 274
Repurchase of ordinary shares (477) (744)
Other financing activities 443 (46)
Net cash provided by (used in) financing activities 2,064 (2,210)
Effect of exchange rate changes on cash and cash equivalents (223) (51)
Net change in cash and cash equivalents 1,114 (693)
Cash and cash equivalents at beginning of period 3,714 3,593
Cash and cash equivalents at end of period 4,828 2,900
Cash paid for:    
Income taxes 821 615
Interest $ 234 $ 280