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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 25, 2016
Jun. 27, 2015
Jun. 28, 2014
Cash flows from operating activities:      
Net income $ 227,475,000 $ 206,038,000 $ 354,810,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 69,701,000 79,491,000 85,452,000
Depreciation and amortization 244,637,000 299,396,000 244,593,000
Deferred taxes (48,138,000) (72,507,000) (32,159,000)
Research and Development in Process 27,602,000 8,900,000 2,580,000
Loss (gain) from sale of property, plant and equipment 2,283,000 419,000 2,187,000
Tax benefit (shortfall) related to stock-based compensation 7,375,000 8,155,000 (68,000)
Excess tax benefit related to stock-based compensation (9,550,000) (12,549,000) (14,192,000)
Impairment of Long-Lived Assets to be Disposed of 160,153,000 67,010,000 11,644,000
Impairment of Goodwill and Intangible Assets 0 84,110,000 0
Gain (Loss) on Investments, Excluding Other than Temporary Impairments 0 94,000 10,260,000
Cash Provided by (Used in) Operating Activities, Discontinued Operations (58,944,000) (35,849,000) 0
Changes in assets and liabilities:      
Accounts receivable 22,313,000 16,984,000 13,340,000
Inventories 44,086,000 2,163,000 20,672,000
Other current assets 2,943,000 (8,783,000) 45,557,000
Accounts payable (3,676,000) (4,201,000) (11,255,000)
Income taxes payable 56,641,000 62,350,000 54,492,000
Deferred income on shipments to distributors 8,452,000 4,593,000 (823,000)
All other accrued liabilities (31,468,000) (12,108,000) (10,983,000)
Net cash provided by operating activities 721,885,000 693,706,000 776,107,000
Cash flows from investing activities:      
Purchases of property, plant and equipment (69,369,000) (75,816,000) (132,523,000)
Proceeds from sale of property, plant, and equipment 85,142,000 29,035,000 5,293,000
Acquisitions 0 0 (459,256,000)
Proceeds from Divestiture of Businesses 105,000,000 35,550,000 0
Purchases of available-for-sale securities (99,948,000) (25,142,000) (49,953,000)
Payments to Acquire Investments (10,483,000) (200,000) 0
Proceeds from sales/maturities of available-for-sale securities 50,000,000 0 27,000,000
Payments for (Proceeds from) Other Investing Activities 2,380,000 500,000 0
Net cash used in investing activities 62,722,000 (36,073,000) (609,439,000)
Cash flows from financing activities      
Excess tax benefit from stock-based compensation plans 9,550,000 12,549,000 14,192,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 0 (4,705,000)
Repayment of notes payable 0 (437,000) (4,708,000)
Proceeds from Issuance of Debt 250,000,000 0 497,895,000
Payments of Debt Issuance Costs (283,000) 0 (3,431,000)
Payments of Stock Issuance Costs (24,084,000) (27,793,000) (31,384,000)
Proceeds from Stock Options Exercised 79,608,000 58,587,000 69,639,000
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options 33,975,000 40,951,000 42,809,000
Repurchase of common stock (237,086,000) (195,088,000) (305,314,000)
Dividends paid (342,023,000) (317,909,000) (294,175,000)
Net cash used in financing activities (230,343,000) (429,140,000) (19,182,000)
Net increase (decrease) in cash and cash equivalents 554,264,000 228,493,000 147,486,000
Cash and cash equivalents:      
Beginning of year 1,550,965,000 1,322,472,000 1,174,986,000
End of year 2,105,229,000 1,550,965,000 1,322,472,000
Supplemental disclosures of cash flow information:      
Cash (refunded) paid, net during the year for income taxes 43,898,000 40,500,000 (6,455,000)
Cash paid for interest 29,381,000 29,410,000 22,861,000
Noncash financing and investing activities:      
Accounts payable related to property, plant and equipment purchases 2,810,000 4,921,000 14,474,000
Modification of Liability Instruments to Equity 0 7,848,000 0
Noncash or Part Noncash Divestiture, Amount of Consideration Received $ 40,000,000 $ 0 $ 0