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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 28, 2021
Mar. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,763,801 $ 1,555,080
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 228,754 197,442
Deferred income taxes (5,448) 74,516
Equity-based compensation expense 163,843 136,044
Amortization of note discounts and issuance costs 4,251 4,611
Other, net 6,143 11,510
Changes in operating assets and liabilities (1,009,116) (665,800)
Net cash provided by operating activities 2,152,228 1,313,403
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (244,474) (152,685)
Purchases of available-for-sale securities (3,242,741) (1,889,823)
Maturities of available-for-sales securities 1,951,037 1,163,555
Sales of available-for-sale securities 956,261 1,065,618
Other, net (35,873) (540)
Net cash (used for) provided by investing activities (615,790) 186,125
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (40,014) (664,589)
Proceeds from borrowings on revolving credit facility 0 1,250,000
Treasury stock purchases (2,266,449) (1,328,632)
Dividends paid (541,607) (489,099)
Reissuance of treasury stock related to employee stock purchase plan 41,434 38,447
Proceeds from issuance of common stock 23,272 6,215
Other, net (1,844) 328
Net cash used for financing activities (2,785,208) (1,187,330)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 6,513 (9,853)
Net (decrease) increase in cash, cash equivalents, and restricted cash (1,242,257) 302,345
Cash, cash equivalents, and restricted cash at beginning of period 5,169,083 3,913,396
Cash, cash equivalents, and restricted cash at end of period 3,926,826 4,215,741
Schedule of non-cash transactions:    
Accrued payables for stock repurchases 5,855 295
Accrued payables for capital expenditures 80,215 29,690
Transfers of inventory to property and equipment, net 59,882 34,155
Reconciliation of cash, cash equivalents, and restricted cash    
Total cash, cash equivalents, and restricted cash $ 3,926,826 $ 4,215,741