XML 70 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 01, 2012
Jun. 03, 2011
Cash flows from operating activities:    
Net income $ 409,085 $ 464,027
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 147,035 132,906
Stock-based compensation 142,980 145,851
Deferred income taxes 58,094 28,796
Unrealized gains on investments (7,403) (567)
Other non-cash items (13,578) 10,714
Excess tax benefits from stock-based compensation (5,354) (8,778)
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net 134,658 (16,032)
Prepaid expenses and other current assets (32,956) (15,580)
Trade payables (43,203) 8,101
Accrued expenses (43,767) (72,145)
Accrued restructuring (56,156) (4,206)
Income taxes payable 12,593 (4,004)
Deferred revenue 60,553 52,350
Net cash provided by operating activities 762,581 721,433
Cash flows from investing activities:    
Purchases of short-term investments (910,579) (1,137,730)
Maturities of short-term investments 281,911 254,706
Proceeds from sales of short-term investments 489,623 798,484
Acquisitions, net of cash acquired (353,245) (36,572)
Purchases of property and equipment (111,855) (69,922)
Purchases of long-term investments and other assets (9,448) (10,672)
Proceeds from sale of long-term investments 27,626 4,230
Other 0 (124)
Net cash used for investing activities (585,967) (197,600)
Cash flows from financing activities:    
Purchases of treasury stock (305,000) (545,015)
Proceeds from issuance of treasury stock 89,237 87,383
Excess tax benefits from stock-based compensation 5,354 8,778
Repayment of debt and capital lease obligations (4,554) (3,624)
Debt issuance costs (2,297) 0
Net cash used for financing activities (217,260) (452,478)
Effect of foreign currency exchange rates on cash and cash equivalents 2,384 6,229
Net (decrease) increase in cash and cash equivalents (38,262) 77,584
Cash and cash equivalents at beginning of period 989,500 [1] 749,891
Cash and cash equivalents at end of period 951,238 827,475
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 96,105 54,381
Cash paid for interest 34,172 31,972
Non-cash investing activities:    
Issuance of common stock and stock awards assumed in business acquisitions $ 4,265 $ 0
[1] The Condensed Consolidated Balance Sheet as of December 2, 2011 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.