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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jul. 28, 2024
Jul. 30, 2023
Cash flows from operating activities:    
Net income $ 5,446 $ 4,852
Adjustments required to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 282 385
Share-based compensation 436 375
Deferred income taxes (385) (174)
Other (199) 189
Changes in operating assets and liabilities:    
Accounts receivable 195 838
Inventories 157 123
Other current and non-current assets 353 27
Accounts payable and accrued expenses (20) (441)
Contract liabilities (233) 355
Income taxes payable 46 545
Other liabilities 24 71
Cash provided by operating activities 6,102 7,145
Cash flows from investing activities:    
Capital expenditures (783) (797)
Cash paid for acquisitions, net of cash acquired 0 (25)
Proceeds from sales and maturities of investments 1,495 971
Purchases of investments (1,968) (1,195)
Cash used in investing activities (1,256) (1,046)
Cash flows from financing activities:    
Debt borrowings, net of issuance costs 694 0
Proceeds from issuance of commercial paper 300 892
Repayments of commercial paper (300) (700)
Proceeds from common stock issuances 119 111
Common stock repurchases (2,381) (1,489)
Tax withholding payments for vested equity awards (258) (165)
Payments of dividends to stockholders (863) (707)
Repayments of principal on finance leases (12) (8)
Cash used in financing activities (2,701) (2,066)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents 2,145 4,033
Cash, cash equivalents and restricted cash equivalents — beginning of period 6,233 2,100
Cash, cash equivalents and restricted cash equivalents — end of period 8,378 6,133
Reconciliation of cash, cash equivalents and restricted cash equivalents    
Cash and cash equivalents 8,288 6,025
Restricted cash equivalents included in deferred income taxes and other assets 90 108
Total cash, cash equivalents and restricted cash equivalents 8,378 6,133
Supplemental cash flow information:    
Cash payments for income taxes 819 418
Cash refunds from income taxes 7 51
Cash payments for interest $ 137 $ 137