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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 29, 2017
Jan. 31, 2016
Jan. 25, 2015
Cash flows from operating activities:      
Net income $ 1,666 $ 614 $ 631
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 187 197 220
Stock-based compensation expense 247 204 158
Restructuring and other charges 0 45 0
Amortization of debt discount 25 29 28
Net gain on sale and disposal of long-lived assets and investments (3) (6) (17)
Loss on early debt conversions 21 0 0
Deferred income taxes 197 134 83
Tax benefit from stock-based compensation 0 (10) (18)
Other 11 19 24
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable (321) (32) (49)
Inventories (375) 66 (95)
Prepaid expenses and other assets (18) (16) 4
Accounts payable 184 (11) (27)
Accrued and other current liabilities (135) 39 5
Other long-term liabilities (14) (97) (41)
Net cash provided by operating activities 1,672 1,175 906
Cash flows from investing activities:      
Proceeds from sales of marketable securities 1,546 2,102 1,372
Proceeds from maturities of marketable securities 969 1,036 865
Proceeds from sale of long-lived assets and investments 7 7 21
Purchases of marketable securities (3,134) (3,477) (2,862)
Purchases of property and equipment and intangible assets (176) (86) (122)
Reimbursement of headquarters building development costs from banks 0 24 0
Other (5) (6) (1)
Net cash used in investing activities (793) (400) (727)
Cash flows from financing activities:      
Proceeds from issuance of convertible notes, net 1,988 0 0
Payments for Repurchase of Common Stock (739) (587) (814)
Repayments of Convertible Debt (673) 0 0
Dividends paid (261) (213) (186)
Net proceeds (payments) related to employee stock plans (9) 120 154
Payments of Debt Issuance Costs (8) 0 0
Tax benefit from stock-based compensation 0 10 18
Other (7) (6) (6)
Net cash (used in) provided by financing activities 291 (676) (834)
Change in cash and cash equivalents 1,170 99 (655)
Cash and cash equivalents at beginning of period 596 497 1,152
Cash and cash equivalents at end of period 1,766 596 497
Supplemental disclosures of cash flow information:      
Cash paid for income taxes, net 14 14 14
Cash paid for interest 13 17 17
Non-cash investing and financing activities:      
Assets acquired by assuming related liabilities 16 19 10
Goodwill adjustment related to previously acquired business $ 0 $ 0 $ (25)