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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Dec. 01, 2022
Dec. 02, 2021
Cash flows from operating activities    
Net income (loss) $ (195) $ 2,306
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation expense and amortization of intangible assets 1,921 1,671
Stock-based compensation 146 118
(Gain) loss on debt repurchases 0 83
Change in operating assets and liabilities:    
Receivables 1,842 67
Inventories (1,697) (344)
Accounts payable and accrued expenses (1,056) (42)
Other (18) 79
Net cash provided by operating activities 943 3,938
Cash flows from investing activities    
Expenditures for property, plant, and equipment (2,449) (3,265)
Purchases of available-for-sale securities (90) (528)
Proceeds from maturities of available-for-sale securities 358 313
Proceeds from sales of available-for-sale securities 4 124
Proceeds from government incentives 2 55
Proceeds from sale of Lehi, Utah fab 0 893
Other (91) (77)
Net cash provided by (used for) investing activities (2,266) (2,485)
Cash flows from financing activities    
Proceeds from issuance of debt 3,349 2,000
Repurchases of common stock - repurchase program (425) (259)
Payments of dividends to shareholders (126) (112)
Payments on equipment purchase contracts (47) (78)
Repayments of debt (20) (1,949)
Other (99) (115)
Net cash provided by (used for) financing activities 2,632 (513)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash (6) (6)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,303 934
Cash, cash equivalents, and restricted cash at beginning of period 8,339 7,829
Cash, cash equivalents, and restricted cash at end of period $ 9,642 $ 8,763