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Consolidated Statements of Cash Flows
12 Months Ended
Jul. 01, 2016
USD ($)
Jul. 03, 2015
USD ($)
Jun. 27, 2014
USD ($)
Cash flows from operating activities      
Net income (loss) $ 242,000,000 $ 1,465,000,000 $ 1,617,000,000
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 1,154,000,000 1,114,000,000 1,244,000,000
Stock-based compensation 191,000,000 162,000,000 156,000,000
Deferred income taxes (149,000,000) 28,000,000 (13,000,000)
Gain from insurance recovery 0 (37,000,000) (65,000,000)
Loss on disposal of assets 22,000,000 17,000,000 40,000,000
Amortization of debt discount and issuance costs 36,000,000 0 0
Loss on settlement of convertible debt 58,000,000 0 0
Non-cash portion of employee termination, asset impairment and other charges 41,000,000 86,000,000 62,000,000
Other non-cash operating activities, net 11,000,000 0 9,000,000
Changes in:      
Accounts receivable, net 466,000,000 458,000,000 (175,000,000)
Inventories 306,000,000 (143,000,000) 0
Accounts payable (299,000,000) (148,000,000) (32,000,000)
Accounts payable to related parties (115,000,000) 0 0
Accrued arbitration award 0 (758,000,000) 52,000,000
Accrued expenses 102,000,000 35,000,000 (56,000,000)
Accrued compensation (94,000,000) (134,000,000) 7,000,000
Other assets and liabilities, net 11,000,000 97,000,000 (30,000,000)
Net cash provided by operating activities 1,983,000,000 2,242,000,000 2,816,000,000
Cash flows from investing activities      
Purchases of property, plant and equipment (584,000,000) (612,000,000) (628,000,000)
Acquisitions, net of cash acquired (9,835,000,000) (257,000,000) (823,000,000)
Purchases of investments (632,000,000) (857,000,000) (561,000,000)
Proceeds from sales and maturities of investments 1,609,000,000 768,000,000 72,000,000
Notes receivable issuances to Flash Ventures (106,000,000) 0 0
Notes receivable proceeds from Flash Ventures 16,000,000 0 0
Strategic investments and other, net (76,000,000) 5,000,000 4,000,000
Net cash used in investing activities (9,608,000,000) (953,000,000) (1,936,000,000)
Cash flows from financing activities      
Issuance of stock under employee stock plans 117,000,000 212,000,000 187,000,000
Taxes paid on vested stock awards under employee stock plans (50,000,000) (64,000,000) (32,000,000)
Excess tax benefits from employee stock plans 7,000,000 19,000,000 60,000,000
Proceeds from acquired call option 409,000,000 0 0
Settlement of convertible debt (2,611,000,000) 0 0
Repurchases of common stock (60,000,000) (970,000,000) (816,000,000)
Proceeds from revolving credit facility 125,000,000 0 0
Repayment of revolving credit facility (380,000,000) 0 0
Dividends paid to shareholders (464,000,000) (396,000,000) (259,000,000)
Repayment of debt (2,313,000,000) (125,000,000) (2,517,000,000)
Proceeds from debt 17,108,000,000 255,000,000 2,992,000,000
Debt issuance costs (524,000,000) 0 0
Payment upon settlement of acquired warrants (613,000,000) 0 0
Net cash provided by (used in) financing activities 10,751,000,000 (1,069,000,000) (385,000,000)
Effect of exchange rate changes on cash 1,000,000 0 0
Cash and Cash Equivalents, Period Increase (Decrease) 3,127,000,000 220,000,000 495,000,000
Cash and Cash Equivalents, at Carrying Value 8,151,000,000 5,024,000,000 4,804,000,000
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 26,000,000 47,000,000 141,000,000
Cash paid for interest 113,000,000 45,000,000 46,000,000
Supplemental disclosure of non-cash investing and financing activities:      
Common stock issued and equity awards assumed in connection with acquisition 1,822,000,000 0 0
Shares issued in conjunction with settlement of convertible notes 94,000,000 0 0
Shares received in conjunction with assumed call options (70,000,000) 0 0
Accrual of cash dividend declared $ 142,000,000 $ 116,000,000 $ 94,000,000