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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 29, 2024
Aug. 31, 2023
Sep. 01, 2022
Cash flows from operating activities      
Net income (loss) $ 778 $ (5,833) $ 8,687
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation expense and amortization of intangible assets 7,780 7,756 7,116
Stock-based compensation 833 596 514
Provision to write down inventories to net realizable value 0 1,831 0
Goodwill impairment 0 101 0
Change in operating assets and liabilities:      
Receivables (3,581) 2,763 190
Inventories (488) (3,555) (2,179)
Accounts payable and accrued expenses 1,915 (1,302) 334
Other current liabilities 989 (817) 400
Other 281 19 119
Net cash provided by operating activities 8,507 1,559 15,181
Cash flows from investing activities      
Expenditures for property, plant, and equipment (8,386) (7,676) (12,067)
Purchases of available-for-sale securities (1,999) (723) (1,770)
Proceeds from maturities and sales of available-for-sale securities 1,794 1,591 1,615
Proceeds from government incentives 315 710 115
Proceeds from sale of Lehi, Utah fab 0 0 888
Other (33) (93) (366)
Net cash provided by (used for) investing activities (8,309) (6,191) (11,585)
Cash flows from financing activities      
Repayments of debt (1,897) (761) (2,032)
Payments of dividends to shareholders (513) (504) (461)
Repurchases of common stock - repurchase program (300) (425) (2,432)
Payments on equipment purchase contracts (149) (138) (141)
Proceeds from issuance of debt 999 6,716 2,000
Other 18 95 86
Net cash provided by (used for) financing activities (1,842) 4,983 (2,980)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash 40 (34) (106)
Net increase (decrease) in cash, cash equivalents, and restricted cash (1,604) 317 510
Cash, cash equivalents, and restricted cash at beginning of period 8,656 8,339 7,829
Cash, cash equivalents, and restricted cash at end of period 7,052 8,656 8,339
Supplemental disclosures      
Income taxes paid, net (338) (532) (493)
Interest paid, net of amounts capitalized (503) (323) (154)
Noncash equipment acquisitions on contracts payable $ 118 $ 165 $ 157