XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 25, 2016
Jun. 27, 2015
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of the period $ 21,120 $ 13,844
Operating activities:    
Net income 36,673 42,270
Adjustments to reconcile net income to cash generated by operating activities:    
Depreciation and amortization 7,957 8,138
Share-based compensation expense 3,180 2,671
Deferred income tax expense 5,191 2,820
Changes in operating assets and liabilities:    
Accounts receivable, net 5,135 7,090
Inventories 518 69
Vendor non-trade receivables 6,166 222
Other current and non-current assets 1,143 2,286
Accounts payable (9,622) (3,263)
Deferred revenue (1,148) 1,040
Other current and non-current liabilities (5,495) 4,448
Cash generated by operating activities 49,698 67,791
Investing activities:    
Purchases of marketable securities (112,068) (137,524)
Proceeds from maturities of marketable securities 14,915 9,916
Proceeds from sales of marketable securities 69,926 80,635
Payments made in connection with business acquisitions, net (146) (230)
Payments for acquisition of property, plant and equipment (8,757) (7,629)
Payments for acquisition of intangible assets (753) (201)
Payments for strategic investments (1,376) 0
Other (321) 134
Cash used in investing activities (38,580) (54,899)
Financing activities:    
Proceeds from issuance of common stock 247 324
Excess tax benefits from equity awards 391 684
Payments for taxes related to net share settlement of equity awards (1,361) (1,332)
Payments for dividends and dividend equivalents (9,058) (8,597)
Repurchases of common stock (23,696) (22,000)
Proceeds from issuance of term debt, net 17,984 21,312
Repayments of term debt (2,500) 0
Change in commercial paper, net 3,992 (1,808)
Cash used in financing activities (14,001) (11,417)
Increase/(decrease) in cash and cash equivalents (2,883) 1,475
Cash and cash equivalents, end of the period 18,237 15,319
Supplemental cash flow disclosure:    
Cash paid for income taxes, net 8,990 10,604
Cash paid for interest $ 892 $ 427