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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
May 01, 2021
Apr. 25, 2020
Cash flows from operating activities:    
Net income $ 7,582 $ 8,578
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and other 1,373 1,364
Share-based compensation expense 1,337 1,170
Provision (benefit) for receivables (4) 60
Deferred income taxes (89) 103
(Gains) losses on divestitures, investments and other, net (201) (185)
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable 1,250 774
Inventories (260) 143
Financing receivables 1,160 380
Other assets (233) 145
Accounts payable 24 324
Income taxes, net (828) (700)
Accrued compensation 145 (220)
Deferred revenue 263 333
Other liabilities (569) (645)
Net cash provided by operating activities 10,950 11,624
Cash flows from investing activities:    
Purchases of investments (7,855) (6,880)
Proceeds from sales of investments 2,724 4,737
Proceeds from maturities of investments 6,445 5,708
Acquisitions, net of cash and cash equivalents acquired and divestitures (6,333) (237)
Purchases of investments in privately held companies (138) (143)
Return of investments in privately held companies 96 213
Acquisition of property and equipment (530) (562)
Proceeds from sales of property and equipment 14 175
Other (56) (10)
Net cash (used in) provided by investing activities (5,633) 3,001
Cash flows from financing activities:    
Issuances of common stock 307 335
Repurchases of common stock—repurchase program (2,096) (2,659)
Shares repurchased for tax withholdings on vesting of restricted stock units (419) (519)
Short-term borrowings, original maturities of 90 days or less, net 0 (3,470)
Repayments of debt (3,000) (5,220)
Dividends paid (4,601) (4,491)
Other 39 (3)
Net cash used in financing activities (9,770) (16,027)
Net decrease in cash, cash equivalents, and restricted cash (4,453) (1,402)
Cash, cash equivalents, and restricted cash, beginning of period 11,812 11,772
Cash, cash equivalents, and restricted cash, end of period 7,359 10,370
Supplemental cash flow information:    
Cash paid for interest 377 519
Cash paid for income taxes, net $ 2,862 $ 2,683