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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 03, 2021
May 28, 2020
Cash flows from operating activities    
Net income $ 3,141 $ 1,720
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation expense and amortization of intangible assets 4,593 4,083
Amortization of debt discount and other costs 22 20
Restructure and asset impairments 446 (7)
Stock-based compensation 285 239
(Gain) loss on debt prepayments, repurchases, and conversions 1 (40)
Change in operating assets and liabilities    
Receivables (340) (461)
Inventories 814 (248)
Accounts payable and accrued expenses (309) 700
Deferred income taxes, net (94) 26
Other 25 3
Net cash provided by operating activities 8,584 6,035
Cash flows from investing activities    
Expenditures for property, plant, and equipment (8,015) (5,943)
Purchases of available-for-sale securities (1,919) (793)
Proceeds from maturities of available-for-sale securities 1,024 636
Proceeds from sales of available-for-sale securities 473 1,157
Proceeds from government incentives 335 140
Other 47 (48)
Net cash provided by (used for) investing activities (8,055) (4,851)
Cash flows from financing activities    
Repayments of debt (1,344) (4,286)
Payments on equipment purchase contracts (139) (49)
Acquisition of noncontrolling interest in IMFT 0 (744)
Proceeds from issuance of debt 1,188 5,000
Other (142) (56)
Net cash provided by (used for) financing activities (437) (135)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash 44 (8)
Net increase (decrease) in cash, cash equivalents, and restricted cash 136 1,041
Cash, cash equivalents, and restricted cash at beginning of period 7,690 7,279
Cash, cash equivalents, and restricted cash at end of period $ 7,826 $ 8,320