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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Oct. 27, 2023
Oct. 28, 2022
Operating Activities:    
Net income $ 1,708 $ 1,367
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,344 1,339
Provision for credit losses 37 41
Deferred income taxes (36) (92)
Stock-based compensation 219 199
Loss on debt extinguishment 0 53
Other, net 182 148
Change in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net (117) (346)
Inventories, net (616) (784)
Accounts payable and accrued liabilities (699) (14)
Other operating assets and liabilities (486) 94
Net cash provided by operating activities 1,536 2,005
Investing Activities:    
Acquisitions, net of cash acquired (22) (1,867)
Additions to property, plant, and equipment (815) (749)
Purchases of investments (3,403) (3,743)
Sales and maturities of investments 3,336 3,609
Other investing activities, net (59) 19
Net cash used in investing activities (963) (2,731)
Financing Activities:    
Change in current debt obligations, net 1,321 349
Proceeds from short-term borrowings (maturities greater than 90 days) 0 2,284
Issuance of long-term debt 0 3,430
Payments on long-term debt 0 (2,311)
Dividends to shareholders (1,836) (1,807)
Issuance of ordinary shares 149 153
Repurchase of ordinary shares (378) (477)
Other financing activities 153 443
Net cash (used in) provided by financing activities (591) 2,064
Effect of exchange rate changes on cash and cash equivalents (214) (223)
Net change in cash and cash equivalents (232) 1,114
Cash and cash equivalents at beginning of period 1,543 3,714
Cash and cash equivalents at end of period 1,311 4,828
Cash paid for:    
Income taxes 1,110 821
Interest $ 476 $ 234