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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Document Period End Date Mar. 28, 2020  
Other Operating Activities, Cash Flow Statement $ (9,226) $ (265)
Cash flows from operating activities:    
Net income 447,396 459,928
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 72,141 64,973
Depreciation and amortization 72,149 85,176
Deferred taxes (5,392) (12,161)
Gain (Loss) on Disposition of Property Plant Equipment 634 3,324
Changes in assets and liabilities:    
Accounts receivable (7,512) 5,475
Inventories 25,891 9,620
Other assets (60,530) (3,026)
Accounts payable 2,189 (10,971)
Income taxes payable (28,959) 53,662
Accrued salary and related expenses 3,516 (19,845)
Other liabilities 57,777 1,953
Net cash provided by (used in) operating activities 588,526 638,373
Cash flows from investing activities:    
Purchases of property, plant and equipment (51,369) (52,170)
Proceeds from sale of property, plant and equipment 268 34
Proceeds from sale of available-for-sale securities 0 30,192
Proceeds from maturity of available-for-sale securities 93,552 1,027,083
Payment in connection with business acquisition, net of cash acquired 0 (2,949)
Purchases of available-for-sale securities 0 (214,587)
Purchases of private company investments (120) (1,676)
Proceeds from Sale of Other Assets, Investing Activities 173  
Proceeds from Sale of Investment Projects   0
Other investing activities (118) (540)
Net cash provided by (used in) investing activities 42,386 785,387
Cash flows from financing activities:    
Repayment of debt 0 (500,000)
Contingent consideration paid (8,000) (9,052)
Payments of Stock Issuance Costs (29,136) (23,026)
Proceeds from Stock Options Exercised 16,630 18,986
Stock or Unit Option Plan Expense 18,535 17,689
Repurchase of common stock (358,512) (437,047)
Payments of Dividends (389,104) (380,231)
Net cash provided by (used in) financing activities (749,587) (1,312,681)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (118,675) 111,079
Cash and cash equivalents:    
Beginning of period 1,757,342 1,543,484
End of period 1,638,667 1,654,563
Cash paid (refunded), net during the period for income taxes 84,948 74,385
Interest Paid, Excluding Capitalized Interest, Operating Activities   31,751
Noncash investing and financing activities:    
Accounts payable related to property, plant, and equipment purchases $ 9,085 $ 15,252