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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 26, 2021
Dec. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income $ 1,194,830 $ 869,229 $ 2,374,574 $ 1,692,680
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     161,579 149,301
Deferred income taxes     (26,573) (4,312)
Equity-based compensation expense 62,834 52,109 120,933 108,097
Other, net     (75,204) 11,029
Changes in operating assets and liabilities     (657,279) (969,647)
Net cash provided by operating activities     1,898,030 987,148
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures and intangible assets     (274,920) (154,878)
Purchases of available-for-sale securities     (268,457) (2,452,216)
Maturities of available-for-sales securities     134,096 1,289,006
Sales of available-for-sale securities     1,197,575 594,238
Other, net     (5,518) (7,876)
Net cash provided by (used for) investing activities     782,776 (731,726)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on debt     (8,036) (23,769)
Treasury stock purchases     (1,651,568) (1,171,878)
Dividends paid     (396,647) (355,056)
Reissuance of treasury stock related to employee stock purchase plan     46,380 41,434
Proceeds from issuance of common stock     4,193 13,646
Other, net     (17) (1,179)
Net cash used for financing activities     (2,005,695) (1,496,802)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     (8,454) 12,269
Net increase (decrease) in cash, cash equivalents, and restricted cash     666,657 (1,229,111)
Cash, cash equivalents, and restricted cash at beginning of period     4,670,750 5,169,083
Cash, cash equivalents, and restricted cash at end of period 5,337,407 3,939,972 5,337,407 3,939,972
Schedule of non-cash transactions:        
Accrued payables for stock repurchases     20,103 23,046
Accrued payables for capital expenditures     96,425 72,282
Dividends payable 210,587 186,611 210,587 186,611
Transfers of finished goods inventory to property and equipment     55,322 49,748
Reconciliation of cash, cash equivalents, and restricted cash        
Cash and cash equivalents 5,086,544 3,687,165 5,086,544 3,687,165
Restricted cash and cash equivalents 250,863 252,807 250,863 252,807
Total cash, cash equivalents, and restricted cash $ 5,337,407 $ 3,939,972 $ 5,337,407 $ 3,939,972