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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Apr. 25, 2020
Apr. 27, 2019
Cash flows from operating activities:    
Net income $ 8,578 $ 9,415
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and other 1,364 1,433
Share-based compensation expense 1,170 1,166
Provision for receivables 60 32
Deferred income taxes 103 (281)
(Gains) losses on divestitures, investments and other, net (185) (79)
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable 774 1,560
Inventories 143 (1)
Financing receivables 380 (112)
Other assets 145 (736)
Accounts payable 324 52
Income taxes, net (700) (759)
Accrued compensation (220) (68)
Deferred revenue 333 421
Other liabilities (645) (154)
Net cash provided by operating activities 11,624 11,889
Cash flows from investing activities:    
Purchases of investments (6,880) (1,176)
Proceeds from sales of investments 4,737 5,391
Proceeds from maturities of investments 5,708 10,797
Acquisitions and divestitures (237) (2,175)
Purchases of investments in privately held companies (143) (118)
Return of investments in privately held companies 213 127
Acquisition of property and equipment (562) (701)
Proceeds from sales of property and equipment 175 15
Other (10) (12)
Net cash provided by investing activities 3,001 12,148
Cash flows from financing activities:    
Issuances of common stock 335 321
Repurchases of common stock—repurchase program (2,659) (16,042)
Shares repurchased for tax withholdings on vesting of restricted stock units (519) (601)
Short-term borrowings, original maturities of 90 days or less, net (3,470) 1,723
Issuances of debt 0 1,530
Repayments of debt (5,220) (5,250)
Dividends paid (4,491) (4,489)
Other (3) 51
Net cash used in financing activities (16,027) (22,757)
Net (decrease) increase in cash, cash equivalents, and restricted cash (1,402) 1,280
Cash, cash equivalents, and restricted cash, beginning of period 11,772 8,993
Cash, cash equivalents, and restricted cash, end of period 10,370 10,273
Supplemental cash flow information:    
Cash paid for interest 519 707
Cash paid for income taxes, net $ 2,683 $ 2,491