XML 23 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2018
Dec. 01, 2017
Dec. 02, 2016
Cash flows from operating activities:      
Net income $ 2,590,774 $ 1,693,954 $ 1,168,782
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 346,492 325,997 331,535
Stock-based compensation 609,562 454,472 349,297
Deferred income taxes 468,936 (51,605) (24,222)
Unrealized losses (gains) on investments, net 793 (5,494) 3,145
Excess tax benefits from stock-based compensation 0 0 (75,105)
Other non-cash items 7,193 4,625 2,022
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:      
Trade receivables, net (1,983) (187,173) (160,416)
Prepaid expenses and other current assets (77,225) 28,040 (71,021)
Trade payables (54,920) 45,186 6,281
Accrued expenses 43,837 151,104 65,593
Income taxes payable 479,184 (34,493) 43,115
Deferred revenue 444,693 475,402 524,840
Net cash provided by operating activities 4,029,304 2,912,853 2,199,728
Cash flows from investing activities:      
Purchases of short-term investments (566,084) (1,931,011) (2,285,222)
Maturities of short-term investments 765,860 759,737 769,228
Proceeds from sales of short-term investments 1,709,480 1,393,929 860,849
Acquisitions, net of cash acquired (6,314,382) (459,626) (48,427)
Purchases of property and equipment (266,579) (178,122) (203,805)
Purchases of long-term investments, intangibles and other assets (18,513) (29,918) (58,433)
Proceeds from sale of long-term investments and other assets 4,923 2,134 5,777
Net cash used for investing activities (4,685,295) (442,877) (960,033)
Cash flows from financing activities:      
Purchases of treasury stock (2,050,000) (1,100,000) (1,075,000)
Proceeds from issuance of treasury stock 190,990 158,351 145,697
Taxes paid related to net share settlement of equity awards (393,193) (240,126) (236,400)
Excess tax benefits from stock-based compensation 0 0 75,105
Proceeds from debt issuance, net of costs 2,248,342 0 0
Repayment of capital lease obligations 1,707 1,960 108
Net cash used for financing activities (5,568) (1,183,735) (1,090,706)
Effect of foreign currency exchange rates on cash and cash equivalents (1,738) 8,516 (14,234)
Net increase (decrease) in cash and cash equivalents (663,297) 1,294,757 134,755
Cash and cash equivalents at beginning of year 2,306,072 1,011,315 876,560
Cash and cash equivalents at end of year 1,642,775 2,306,072 1,011,315
Supplemental disclosures:      
Cash paid for income taxes, net of refunds 210,369 396,668 249,884
Cash paid for interest 81,258 69,430 66,193
Non-cash investing activities:      
Investment in lease receivable applied to building purchase 0 80,439 0
Issuance of common stock and stock awards assumed in business acquisitions $ 2,784 $ 10,348 $ 0