XML 22 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Sep. 28, 2019
Statement of Cash Flows [Abstract]      
Cash, cash equivalents and restricted cash, beginning balances $ 39,789 $ 50,224 $ 25,913
Operating activities:      
Net income 94,680 57,411 55,256
Adjustments to reconcile net income to cash generated by operating activities:      
Depreciation and amortization 11,284 11,056 12,547
Share-based compensation expense 7,906 6,829 6,068
Deferred income tax benefit (4,774) (215) (340)
Other (147) (97) (652)
Changes in operating assets and liabilities:      
Accounts receivable, net (10,125) 6,917 245
Inventories (2,642) (127) (289)
Vendor non-trade receivables (3,903) 1,553 2,931
Other current and non-current assets (8,042) (9,588) 873
Accounts payable 12,326 (4,062) (1,923)
Deferred revenue 1,676 2,081 (625)
Other current and non-current liabilities 5,799 8,916 (4,700)
Cash generated by operating activities 104,038 80,674 69,391
Investing activities:      
Purchases of marketable securities (109,558) (114,938) (39,630)
Proceeds from maturities of marketable securities 59,023 69,918 40,102
Proceeds from sales of marketable securities 47,460 50,473 56,988
Payments for acquisition of property, plant and equipment (11,085) (7,309) (10,495)
Payments made in connection with business acquisitions, net (33) (1,524) (624)
Purchases of non-marketable securities (131) (210) (1,001)
Proceeds from non-marketable securities 387 92 1,634
Other (608) (791) (1,078)
Cash generated by/(used in) investing activities (14,545) (4,289) 45,896
Financing activities:      
Proceeds from issuance of common stock 1,105 880 781
Payments for taxes related to net share settlement of equity awards (6,556) (3,634) (2,817)
Payments for dividends and dividend equivalents (14,467) (14,081) (14,119)
Repurchases of common stock (85,971) (72,358) (66,897)
Proceeds from issuance of term debt, net 20,393 16,091 6,963
Repayments of term debt (8,750) (12,629) (8,805)
Proceeds from/(Repayments of) commercial paper, net 1,022 (963) (5,977)
Other (129) (126) (105)
Cash used in financing activities (93,353) (86,820) (90,976)
Increase/(Decrease) in cash, cash equivalents and restricted cash (3,860) (10,435) 24,311
Cash, cash equivalents and restricted cash, ending balances 35,929 39,789 50,224
Supplemental cash flow disclosure:      
Cash paid for income taxes, net 25,385 9,501 15,263
Cash paid for interest $ 2,687 $ 3,002 $ 3,423