XML 24 R7.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 03, 2016
Dec. 28, 2014
Dec. 29, 2013
Cash flows from operating activities:      
Net income $ 388,478,000 $ 1,007,446,000 $ 1,042,657,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred taxes (4,891,000) (7,915,000) 527,000
Depreciation 280,170,000 254,271,000 226,334,000
Amortization 340,925,000 324,231,000 237,731,000
Provision for doubtful accounts 709,000 857,000 2,167,000
Share-based compensation expense 172,396,000 155,313,000 99,756,000
Excess tax benefit from share-based plans (12,232,000) (44,919,000) (27,198,000)
Impairment and other 67,599,000 6,790,000 75,561,000
Other non-operating (9,620,000) 636,000 (792,000)
Changes in operating assets and liabilities:      
Accounts receivable, net 224,915,000 (118,606,000) (51,125,000)
Inventory (110,250,000) 136,442,000 23,310,000
Other assets (70,636,000) 37,738,000 147,713,000
Accounts payable trade (47,690,000) 37,380,000 16,377,000
Accounts payable to related parties 41,459,000 (10,913,000) (67,842,000)
Other liabilities (214,652,000) (80,303,000) 138,496,000
Total adjustments 658,202,000 691,002,000 821,015,000
Net cash provided by operating activities 1,046,680,000 1,698,448,000 1,863,672,000
Cash flows from investing activities:      
Purchases of short and long-term marketable securities (3,073,012,000) (4,106,494,000) (4,925,520,000)
Proceeds from sales of short and long-term marketable securities 4,105,992,000 4,114,712,000 3,701,528,000
Proceeds from maturities of short and long-term marketable securities 456,653,000 772,882,000 751,900,000
Acquisition of property and equipment, net (413,828,000) (232,786,000) (213,415,000)
Investment in Flash Ventures 0 (24,296,000) (12,342,000)
Notes receivable issuances to Flash Ventures (323,382,000) (181,481,000) (37,099,000)
Notes receivable proceeds from Flash Ventures 285,070,000 231,409,000 124,765,000
Purchased technology and other assets (8,959,000) (24,837,000) (8,377,000)
Acquisitions, net of cash acquired 0 (1,063,798,000) (304,320,000)
Other (866,000) 0 0
Net cash provided by (used in) investing activities 1,027,668,000 (514,689,000) (922,880,000)
Cash flows from financing activities:      
Proceeds from issuance of convertible senior notes, net of issuance costs 0 0 1,483,125,000
Purchase of convertible bond hedge 0 0 (331,650,000)
Proceeds from sale of warrants 0 0 217,800,000
Repayment of debt financing (73,000) (3,212,000) (928,061,000)
Distribution to non-controlling interests 0 0 (87,000)
Proceeds from employee stock programs 68,514,000 181,486,000 266,044,000
Excess tax benefit from share-based plans 12,232,000 44,919,000 27,198,000
Dividends paid (188,911,000) (234,565,000) (101,191,000)
Repurchase of common stock (1,250,263,000) (1,300,212,000) (1,589,539,000)
Taxes paid related to net share settlement of equity awards (44,695,000) (41,264,000) 0
Net cash used in financing activities (1,403,196,000) (1,352,848,000) (956,361,000)
Effect of changes in foreign currency exchange rates on cash (1,207,000) (8,154,000) 6,345,000
Net increase (decrease) in cash and cash equivalents 669,945,000 (177,243,000) (9,224,000)
Cash and cash equivalents at beginning of year 809,003,000 986,246,000 995,470,000
Cash and cash equivalents at end of year 1,478,948,000 809,003,000 986,246,000
Supplemental disclosure of cash flow information:      
Property and equipment additions not yet paid in cash 80,523,000 119,151,000 49,376,000
Cash paid for income taxes, net of refunds (257,230,000) (433,959,000) (373,183,000)
Cash paid for interest expense $ (22,471,000) $ (22,349,000) $ (20,403,000)