XML 91 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jul. 01, 2012
Jul. 03, 2011
Cash flows from operating activities:    
Net income $ 127,354 $ 472,514
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes 5,963 (7,224)
Depreciation 69,703 57,637
Amortization 86,449 73,350
Provision for doubtful accounts (1,724) (2,954)
Share-based compensation expense 39,333 28,949
Excess tax benefit from share-based compensation (11,021) (11,811)
Impairment, restructuring and other (6,787) (19,445)
Other non-operating 52,187 41,683
Changes in operating assets and liabilities:    
Accounts receivable from product revenues, net 241,671 (587)
Inventory (183,715) (34,001)
Other assets 13,112 (71,369)
Accounts payable trade (3,410) (3,457)
Accounts payable to related parties (41,432) 33,867
Other liabilities (301,394) 110,733
Total adjustments (41,065) 195,371
Net cash provided by operating activities 86,289 667,885
Cash flows from investing activities:    
Purchases of short and long-term marketable securities (1,362,066) (1,609,568)
Proceeds from sales of short and long-term marketable securities 1,173,180 1,471,780
Proceeds from maturities of short and long-term marketable securities 407,430 323,810
Acquisition of property and equipment, net (240,294) (61,353)
Investment in Flash Ventures (50,439) (18,333)
Notes receivable issuances to Flash Ventures (142,316) (366,762)
Notes receivable proceeds from Flash Ventures 211,786 85,096
Purchased technology and other assets (222) (100,000)
Acquisitions, net of cash acquired (69,204) (317,649)
Net cash used in investing activities (72,145) (592,979)
Cash flows from financing activities:    
Proceeds from employee stock programs 50,672 58,606
Excess tax benefit from share-based compensation 11,021 11,811
Share repurchase program (154,075) 0
Net cash received (paid) for share repurchase contracts (18,858) 0
Net cash provided by (used in) financing activities (111,240) 70,417
Effect of changes in foreign currency exchange rates on cash 54 382
Net increase (decrease) in cash and cash equivalents (97,042) 145,705
Cash and cash equivalents at beginning of the period 1,167,496 829,149
Cash and cash equivalents at end of the period $ 1,070,454 $ 974,854