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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 30, 2016
Jan. 01, 2016
Cash flows from operating activities    
Net income (loss) $ (131) $ 534
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 1,022 488
Stock-based compensation 201 79
Deferred income taxes 117 15
Loss on disposal of assets 10 6
Write-off of issuance costs and amortization of debt discounts 258 2
Loss on settlement of convertible debt 5 0
Non-cash portion of employee termination, asset impairment and other charges 13 18
Other non-cash operating activities, net 42 0
Changes in:    
Accounts receivable, net (540) (118)
Inventories 52 127
Accounts payable 180 (58)
Accounts payable to related parties 6 0
Accrued expenses 59 35
Accrued compensation 194 (15)
Other assets and liabilities, net 12 30
Net cash provided by operations 1,500 1,143
Cash flows from investing activities    
Purchases of property, plant and equipment (330) (300)
Proceeds from the sale of equipment 1 0
Purchases of investments (239) (408)
Proceeds from sale of investments 55 266
Proceeds from maturities of investments 279 0
Investments in Flash Ventures (20) 0
Payments For Long Term Loans For Related Parties (309) 0
Notes receivable proceeds from Flash Ventures 259 0
Strategic investments and other, net (12) (12)
Net cash used in investing activities (316) (454)
Cash flows from financing activities    
Issuance of stock under employee stock plans 90 54
Taxes paid on vested stock awards under employee stock plans (40) (44)
Excess tax benefits from employee stock plans 56 (6)
Proceeds from acquired call option 61 0
Repurchases of common stock 0 (60)
Dividends paid to shareholders (284) (231)
Repayment of debt (8,254) (63)
Proceeds from debt 3,992 0
Debt issuance costs (7) 0
Proceeds from (Payments for) Other Financing Activities 0 0
Net cash used in financing activities (4,386) (350)
Effect of exchange rate changes on cash (9) 0
Net increase (decrease) in cash and cash equivalents (3,211) 339
Cash and cash equivalents, beginning of year 8,151 5,024
Cash and cash equivalents, end of period 4,940 5,363
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 43 21
Cash paid for interest 299 22
Supplemental disclosure of non-cash investing and financing activities:    
Accrual of cash dividend declared $ 144 $ 116