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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 23, 2018
Dec. 24, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,102,215 $ 580,735
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 161,599 159,040
Deferred income taxes (62,704) (228,274)
Equity-based compensation expense 89,149 83,907
Amortization of note discounts and issuance costs 2,276 9,127
Other, net 848 5,461
Changes in operating assets and liabilities 69,322 277,014
Net cash provided by operating activities 1,362,705 887,010
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (162,021) (144,757)
Business acquisition, net of cash acquired 0 (115,697)
Purchases of available-for-sale securities (785,188) (2,251,486)
Sales and maturities of available-for-sale securities 945,828 1,928,011
Other, net (4,019) (14,996)
Net cash used for investing activities (5,400) (598,925)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (86,271) (349,249)
Net (repayments) proceeds from issuance of commercial paper (359,604) 798,947
Proceeds from borrowings on revolving credit facility 0 750,000
Repayments of borrowings on revolving credit facility 0 (750,000)
Treasury stock purchases (1,737,414) (1,266,835)
Dividends paid (342,279) (145,865)
Reissuance of treasury stock related to employee stock purchase plan 32,920 34,057
Proceeds from issuance of common stock 109 4,115
Other, net (13,207) 4
Net cash used for financing activities (2,505,746) (924,826)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (5,032) 4,159
Net decrease in cash, cash equivalents, and restricted cash (1,153,473) (632,582)
Cash, cash equivalents, and restricted cash at beginning of period 4,768,558 2,633,739
Cash, cash equivalents, and restricted cash at end of period 3,615,085 2,001,157
Schedule of non-cash transactions:    
Accrued payables for stock repurchases 4 1,073
Accrued payables for capital expenditures 36,582 29,031
Transfers of inventory to property and equipment, net 33,723 29,977
Reconciliation of cash, cash equivalents, and restricted cash    
Total Cash, cash equivalents, and restricted cash $ 4,768,558 $ 2,633,739