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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 29, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,555,080 $ 1,649,605
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 197,442 243,873
Deferred income taxes 74,516 (75,105)
Equity-based compensation expense 136,044 142,389
Amortization of note discounts and issuance costs 4,611 5,137
Other, net 11,510 (646)
Changes in operating assets and liabilities (665,800) 330,273
Net cash provided by operating activities 1,313,403 2,295,526
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (152,685) (237,543)
Purchases of available-for-sale securities (1,889,823) (1,975,688)
Maturities of available-for-sales securities 1,163,555 395,569
Sales of available-for-sale securities 1,065,618 809,379
Other, net (540) (5,288)
Net cash provided by (used for) investing activities 186,125 (1,013,571)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (664,589) (116,496)
Net repayments of commercial paper 0 (61,754)
Proceeds from borrowings on revolving credit facility 1,250,000 0
Proceeds from issuance of long-term debt, net of issuance costs 0 2,476,720
Treasury stock purchases (1,328,632) (2,672,051)
Dividends paid (489,099) (513,475)
Reissuance of treasury stock related to employee stock purchase plan 38,447 32,920
Proceeds from issuance of common stock 6,215 5,119
Other, net 328 (13,207)
Net cash used for financing activities (1,187,330) (862,224)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (9,853) (904)
Net increase in cash, cash equivalents, and restricted cash 302,345 418,827
Cash, cash equivalents, and restricted cash at beginning of period 3,913,396 4,768,558
Cash, cash equivalents, and restricted cash at end of period 4,215,741 5,187,385
Schedule of non-cash transactions:    
Accrued payables for stock repurchases 295 1,637
Accrued payables for capital expenditures 29,690 27,283
Transfers of inventory to property and equipment, net 34,155 42,519
Reconciliation of cash, cash equivalents, and restricted cash    
Total cash, cash equivalents, and restricted cash $ 4,215,741 $ 5,187,385