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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Oct. 04, 2019
Sep. 28, 2018
Cash flows from operating activities    
Net income (loss) $ (276) $ 511
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 406 480
Stock-based compensation 77 79
Deferred income taxes (27) 201
Loss on disposal of assets 2 2
Write-off of issuance costs and amortization of debt discounts 10 9
Other non-cash operating activities, net (21) 20
Changes in:    
Accounts receivable, net (243) (22)
Inventories (5) (175)
Accounts payable 155 (77)
Accounts payable to related parties 176 27
Accrued expenses 100 34
Accrued compensation 75 20
Other assets and liabilities, net (176) (404)
Net cash provided by operating activities 253 705
Cash flows from investing activities    
Purchases of property, plant and equipment (145) (277)
Acquisitions, net of cash acquired (22) 0
Purchases of investments 0 (11)
Proceeds from sale of investments 0 6
Proceeds from maturities of investments 0 3
Notes receivable issuances to Flash Ventures (171) (115)
Notes receivable proceeds from Flash Ventures 357 144
Strategic investments and other, net 15 (9)
Net cash provided by (used in) investing activities 34 (259)
Cash flows from financing activities    
Issuance of stock under employee stock plans 26 8
Taxes paid on vested stock awards under employee stock plans (52) (66)
Repurchases of common stock 0 (563)
Dividends paid to shareholders (147) (148)
Repayment of debt (319) (38)
Net cash used in financing activities (492) (807)
Effect of exchange rate changes on cash (2) 2
Net decrease in cash and cash equivalents (207) (359)
Cash and cash equivalents, beginning of year 3,455 5,005
Cash and cash equivalents, end of period 3,248 4,646
Cash paid for income taxes 67 191
Cash paid for interest $ 143 $ 139