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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 459,928 $ 273,146
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 64,973 58,932
Depreciation and amortization 85,176 109,768
Deferred taxes (12,161) 6,257
Gain (Loss) on Disposition of Property Plant Equipment 3,324 572
Impairment of investments in privately-held companies 265 850
Other adjustments 0 42
Changes in assets and liabilities:    
Accounts receivable 5,475 (60,194)
Inventories 9,620 (23,326)
Other current assets (3,026) 31,703
Accounts payable (10,971) 3,429
Income taxes payable 53,662 280,664
Deferred income on shipments to distributors 0 (14,974)
Accrued salary and related expenses (19,845) 1,826
All other accrued liabilities 1,953 4,110
Net cash provided by (used in) operating activities 638,373 672,805
Cash flows from investing activities:    
Purchases of property, plant and equipment (52,170) (53,664)
Proceeds from sale of property, plant, and equipment 34 5,761
Proceeds from sale of available-for-sale securities 30,192 100,004
Proceeds from maturity of available-for-sale securities 1,027,083 422,500
Payment in connection with business acquisition, net of cash acquired (2,949) (57,773)
Purchases of available-for-sale securities (214,587) (1,122,291)
Purchases of privately-held companies' securities (1,676) (3,356)
Payments for (Proceeds from) Other Investing Activities (540) 0
Net cash provided by (used in) investing activities 785,387 (708,819)
Cash flows from financing activities:    
Repayment of debt (500,000) 0
Contingent consideration paid (9,052) 0
Payments of Stock Issuance Costs (23,026) (21,162)
Proceeds from stock options exercised 18,986 26,383
Issuance of common stock under employee stock purchase program 17,689 14,975
Repurchase of common stock (437,047) (279,944)
Payments of Dividends (380,231) (320,766)
Net cash provided by (used in) financing activities (1,312,681) (580,514)
Net increase (decrease) in cash and cash equivalents 111,079 (616,528)
Cash and cash equivalents:    
Beginning of period 1,543,484 2,246,121
End of period 1,654,563 1,629,593
Supplemental disclosures of cash flow information:    
Cash paid (refunded), net during the period for income taxes 74,385 17,281
Cash paid for interest 31,751 31,750
Noncash investing and financing activities:    
Accounts payable related to property, plant, and equipment purchases $ 15,252 $ 6,798