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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Nov. 27, 2020
Nov. 29, 2019
Nov. 30, 2018
Cash flows from operating activities:      
Net income $ 5,260 $ 2,951 $ 2,591
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 757 757 346
Stock-based compensation 909 788 610
Reduction of operating lease right-of-use assets 87 0 0
Deferred income taxes (1,501) 3 (469)
Unrealized losses (gains) on investments, net (11) (48) 1
Other non-cash items 40 14 7
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:      
Trade receivables, net 106 (188) (2)
Prepaid expenses and other assets (288) (551) (77)
Trade payables 96 23 55
Accrued expenses and other liabilities 86 172 44
Income taxes payable (72) 4 479
Deferred revenue 258 497 444
Net cash provided by operating activities 5,727 4,422 4,029
Cash flows from investing activities:      
Purchases of short-term investments (1,071) (700) (566)
Maturities of short-term investments 915 700 766
Proceeds from sales of short-term investments 167 86 1,709
Acquisitions, net of cash acquired 0 (101) (6,314)
Purchases of property and equipment (419) (395) (267)
Purchases of long-term investments, intangibles and other assets (15) (49) (18)
Proceeds from sale of long-term investments and other assets 9 3 5
Net cash used for investing activities (414) (456) (4,685)
Cash flows from financing activities:      
Purchases of treasury stock (3,050) (2,750) (2,050)
Proceeds from re-issuance of treasury stock 270 233 191
Taxes paid related to net share settlement of equity awards (681) (440) (393)
Proceeds from issuance of debt 3,144 0 2,248
Repayment of debt (3,150) 0 0
Other financing activities, net (21) 11 (1)
Net cash used for financing activities (3,488) (2,946) (5)
Effect of foreign currency exchange rates on cash and cash equivalents 3 (13) (2)
Net increase (decrease) in cash and cash equivalents 1,828 1,007 (663)
Cash and cash equivalents at beginning of year 2,650 1,643 2,306
Cash and cash equivalents at end of year 4,478 2,650 1,643
Supplemental disclosures:      
Cash paid for income taxes, net of refunds 469 352 210
Cash paid for interest 88 152 81
Non-cash investing activities:      
Issuance of common stock and stock awards assumed in business acquisitions $ 0 $ 0 $ 3