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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 02, 2022
Jun. 03, 2021
Cash flows from operating activities    
Net income $ 7,195 $ 3,141
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation expense and amortization of intangible assets 5,234 4,593
Stock-based compensation 378 285
(Gain) loss on debt repurchases and conversions 83 1
Restructure and asset impairments 43 446
Change in operating assets and liabilities    
Receivables (906) (340)
Inventories (1,146) 814
Accounts payable and accrued expenses 382 (309)
Other 141 (47)
Net cash provided by operating activities 11,404 8,584
Cash flows from investing activities    
Expenditures for property, plant, and equipment (8,454) (8,015)
Purchases of available-for-sale securities (1,359) (1,919)
Proceeds from sale of Lehi, Utah fab 888 0
Proceeds from maturities of available-for-sale securities 964 1,024
Proceeds from sales of available-for-sale securities 258 473
Proceeds from government incentives 104 335
Other (162) 47
Net cash provided by (used for) investing activities (7,761) (8,055)
Cash flows from financing activities    
Repayments of debt (2,008) (1,344)
Repurchases of common stock - repurchase program (1,648) (150)
Payments of dividends to shareholders (335) 0
Payments on equipment purchase contracts (132) (139)
Repurchases of common stock - withholdings on employee equity awards (116) (84)
Proceeds from issuance of debt 2,000 1,188
Other 99 92
Net cash provided by (used for) financing activities (2,140) (437)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash (71) 44
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,432 136
Cash, cash equivalents, and restricted cash at beginning of period 7,829 7,690
Cash, cash equivalents, and restricted cash at end of period $ 9,261 $ 7,826