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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 29, 2024
Sep. 24, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,116,444 $ 887,398
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 94,295 90,479
Deferred income taxes (108,722) (24,238)
Equity-based compensation expense 80,011 67,211
Other, net (457) (150)
Changes in operating assets and liabilities 386,900 (69,537)
Net cash provided by operating activities 1,568,471 951,163
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (110,588) (76,992)
Proceeds from maturities of available-for-sales securities 0 7,275
Other, net 37 (4,966)
Net cash used for investing activities (110,551) (74,683)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt, including finance lease obligations (934) (253,109)
Treasury stock purchases (997,035) (843,238)
Dividends paid (260,985) (230,332)
Proceeds from issuance of common stock, net issuance costs (43) 2,818
Other, net (324) (2,151)
Net cash used for financing activities (1,259,321) (1,326,012)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 22,682 (11,031)
Net change in cash, cash equivalents, and restricted cash 221,281 (460,563)
Cash, cash equivalents, and restricted cash at beginning of period [1] 5,850,803 5,587,372
Cash, cash equivalents, and restricted cash at end of period [1] 6,072,084 5,126,809
Schedule of non-cash transactions:    
Accrued payables for stock repurchases, including applicable excise tax 63,322 37,768
Accrued payables for capital expenditures 52,203 38,668
Dividends payable 297,634 265,040
Transfers of finished goods inventory to property and equipment 32,985 18,014
Reconciliation of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 6,067,471 5,126,150
Restricted cash and cash equivalents [1] 4,613 659
Total cash, cash equivalents, and restricted cash [1] $ 6,072,084 $ 5,126,809
[1] Restricted cash is reported within Other assets in the Condensed Consolidated Balance Sheets