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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jan. 27, 2023
Jan. 28, 2022
Cash flows from operating activities:    
Net income $ 1,029 $ 678
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 182 143
Non-cash operating lease cost 40 40
Stock-based compensation 238 179
Deferred income taxes (577) (66)
Other items, net (69) (35)
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 425 137
Inventories 29 (53)
Other operating assets (8) 0
Accounts payable (173) 10
Accrued expenses (117) (207)
Deferred revenue and financed unearned services revenue (47) 46
Long-term taxes payable (82) (66)
Other operating liabilities 2 (6)
Net cash provided by operating activities 872 800
Cash flows from investing activities:    
Purchases of investments (762) (7)
Maturities, sales and collections of investments 288 43
Purchases of property and equipment (200) (158)
Acquisitions of businesses, net of cash acquired (491) (359)
Other investing activities, net 60 0
Net cash used in investing activities (1,105) (481)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock award plans 108 105
Payments for taxes related to net share settlement of stock awards (74) (69)
Repurchase of common stock (700) (350)
Repayments and extinguishment of debt (250) 0
Dividends paid (326) (335)
Other financing activities, net (2) (2)
Net cash (used in) provided by financing activities (1,244) (651)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 4 (26)
Net change in cash, cash equivalents and restricted cash (1,473) (358)
Cash, cash equivalents and restricted cash:    
Beginning of period 4,119 4,535
End of period $ 2,646 $ 4,177