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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 03, 2020
Mar. 29, 2019
Mar. 30, 2018
OPERATING ACTIVITIES:      
Net income $ 3,887 $ 31 $ 1,138
Adjustments:      
Amortization and depreciation 361 615 640
Impairments of long-lived assets 74 10 81
Stock-based compensation expense 312 352 610
Loss from equity interest 31 101 26
Deferred income taxes 16 (70) (1,848)
Gain on divestitures (5,684) 0 (653)
Gain on sale of equity method investment (379) 0 0
Non-cash operating lease expense 40    
Other (4) (14) 45
Changes in operating assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable, net 583 113 (170)
Accounts payable (61) 6 (4)
Accrued compensation and benefits (117) 2 (33)
Contract liabilities (121) 196 491
Income taxes payable 383 67 880
Other assets (81) (26) (167)
Other liabilities (101) 112 (86)
Net cash provided by (used in) operating activities (861) 1,495 950
INVESTING ACTIVITIES:      
Purchases of property and equipment (89) (207) (142)
Payments for acquisitions, net of cash acquired 0 (180) (401)
Proceeds from divestitures, net of cash contributed and transaction costs 10,918 0 933
Purchases of short-term investments 0 0 (436)
Proceeds from maturities and sales of short-term investments 167 139 49
Proceeds from sale of property 0 26 0
Proceeds from sale of equity method investment 380 0 0
Other 3 (19) (24)
Net cash provided by (used in) investing activities 11,379 (241) (21)
FINANCING ACTIVITIES:      
Repayments of debt and related equity component (868) (600) (3,210)
Proceeds from issuance of debt, net of issuance costs 300 0 0
Net proceeds from sales of common stock under employee stock incentive plans 123 19 121
Tax payments related to restricted stock units (78) (173) (107)
Dividends and dividend equivalents paid (7,481) (217) (211)
Repurchases of common stock (1,581) (234) 0
Cash consideration paid in exchange of convertible debt (546) 0 0
Short-swing profit disgorgement 9 0 0
Other (1) (4) (68)
Net cash used in financing activities (10,123) (1,209) (3,475)
Effect of exchange rate fluctuations on cash and cash equivalents (9) (28) 73
Change in cash and cash equivalents 386 17 (2,473)
Beginning cash and cash equivalents 1,791 1,774 4,247
Ending cash and cash equivalents $ 2,177 $ 1,791 $ 1,774