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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jan. 29, 2021
Jan. 24, 2020
Cash flows from operating activities:    
Net income $ 396 $ 623
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 159 146
Non-cash operating lease cost 38 39
Stock-based compensation 149 118
Deferred income taxes (1) (23)
Gain on sale or derecognition of assets 0 (38)
Other items, net 35 (16)
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 208 394
Inventories 39 18
Other operating assets (35) 78
Accounts payable (92) (158)
Accrued expenses (61) (273)
Deferred revenue and financed unearned services revenue 10 (93)
Long-term taxes payable (51) (133)
Other operating liabilities (20) (5)
Net cash provided by operating activities 774 677
Cash flows from investing activities:    
Purchases of investments (4) (12)
Maturities, sales and collections of investments 144 1,300
Purchases of property and equipment (124) (100)
Proceeds from sale of properties 6 96
Acquisitions of businesses, net of cash acquired (350) (56)
Other investing activities, net 8 (1)
Net cash (used in) provided by investing activities (320) 1,227
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock award plans 92 102
Payments for taxes related to net share settlement of stock awards (38) (77)
Repurchase of common stock (50) (1,250)
(Repayments of) proceeds from commercial paper notes, original maturities of three months or less, net (420) 443
Issuance of debt, net of issuance costs 2,057 0
Repayments and extinguishment of debt (689) (400)
Dividends paid (321) (334)
Other financing activities, net (7) (4)
Net cash provided by (used in) financing activities 624 (1,520)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 70 (4)
Net increase in cash, cash equivalents and restricted cash 1,148 380
Cash, cash equivalents and restricted cash:    
Beginning of period 2,666 2,331
End of period $ 3,814 $ 2,711