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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 27, 2019
Oct. 28, 2018
Oct. 29, 2017
Cash flows from operating activities:      
Net income $ 2,706 $ 3,038 $ 3,519
Adjustments required to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 363 457 407
Deferred income taxes 49 71 (12)
Other (19) 4 (9)
Share-based compensation 263 258 220
Changes in operating assets and liabilities, net of amounts acquired:      
Accounts receivable (207) 16 (37)
Inventories 248 (1,014) (809)
Other current and non-current assets (86) (199) (156)
Accounts payable and accrued expenses (247) 170 371
Contract liabilities 135 75 133
Income taxes payable 44 886 121
Other liabilities (2) 25 41
Cash provided by operating activities 3,247 3,787 3,789
Cash flows from investing activities:      
Capital expenditures (441) (622) (345)
Cash paid for acquisitions, net of cash acquired (28) (6) (68)
Proceeds from sales and maturities of investments 1,940 3,276 2,743
Purchases of investments (1,914) (2,077) (4,856)
Cash provided by (used in) investing activities (443) 571 (2,526)
Cash flows from financing activities:      
Debt borrowings, net of issuance costs 0 0 2,176
Debt repayments 0 0 (205)
Proceeds from common stock issuances 145 124 97
Common stock repurchases (2,403) (5,283) (1,172)
Tax withholding payments for vested equity awards (86) (164) (125)
Payments of dividends to stockholders (771) (605) (430)
Cash provided by (used in) financing activities (3,115) (5,928) 341
Increase (decrease) in cash and cash equivalents (311) (1,570) 1,604
Cash and cash equivalents - beginning of year 3,440 5,010 3,406
Cash and cash equivalents - end of year 3,129 3,440 5,010
Supplemental cash flow information:      
Cash payments for income taxes 522 300 194
Cash refunds from income taxes 22 63 61
Cash payments for interest $ 219 $ 219 $ 186