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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 23, 2018
Sep. 24, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 533,360 $ 590,690
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79,805 79,142
Deferred income taxes (83,501) 43,204
Equity-based compensation expense 50,343 41,783
Amortization of note discounts and issuance costs 1,245 4,588
Other, net 2,191 6,569
Changes in operating assets and liabilities 136,843 92,330
Net cash provided by operating activities 720,286 858,306
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (56,098) (60,064)
Business acquisition, net of cash acquired 0 (115,613)
Purchases of available-for-sale securities (749,829) (1,425,407)
Sales and maturities of available-for-sale securities 137,246 1,307,633
Other, net (3,650) (10,600)
Net cash used for investing activities (672,331) (304,051)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (79,831) (301,727)
Net repayments from issuance of commercial paper (86) 0
Treasury stock purchases (1,735,895) (155,385)
Dividends paid (174,372) (72,738)
Proceeds from issuance of common stock 0 1,042
Other, net (9) 4
Net cash used for financing activities (1,990,193) (528,804)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (2,311) 3,317
Net (decrease) increase in cash, cash equivalents, and restricted cash (1,944,549) 28,768
Cash, cash equivalents, and restricted cash at beginning of period 4,768,558 2,633,739
Cash, cash equivalents, and restricted cash at end of period 2,824,009 2,662,507
Schedule of non-cash transactions:    
Accrued payables for stock repurchases 162 4,350
Accrued payables for capital expenditures 36,613 34,531
Transfers of inventory to property and equipment, net 25,613 11,852
Reconciliation of cash, cash equivalents, and restricted cash    
Total Cash, cash equivalents, and restricted cash $ 4,768,558 $ 2,633,739