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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jan. 24, 2020
Jan. 25, 2019
Cash flows from operating activities:    
Net income $ 623 $ 773
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 146 149
Non-cash operating lease cost 39 0
Stock-based compensation 118 121
Deferred income taxes (23) (21)
Gain on sale or derecognition of assets (38) 0
Other items, net (16) 8
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 394 165
Inventories 18 22
Other operating assets 78 (42)
Accounts payable (158) (101)
Accrued expenses (273) (85)
Deferred revenue and financed unearned services revenue (93) 17
Long-term taxes payable (133) (60)
Other operating liabilities (5) (4)
Net cash provided by operating activities 677 942
Cash flows from investing activities:    
Purchases of investments (12) (22)
Maturities, sales and collections of investments 1,300 683
Purchases of property and equipment (100) (138)
Proceeds from sale of properties 96 0
Acquisitions of businesses, net of cash acquired (56) (3)
Other investing activities, net (1) 1
Net cash provided by investing activities 1,227 521
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock award plans 102 118
Payments for taxes related to net share settlement of stock awards (77) (92)
Repurchase of common stock (1,250) (1,611)
Proceeds from (repayments of) commercial paper notes, net 443 (221)
Repayment of long-term debt (400) 0
Dividends paid (334) (306)
Other financing activities, net (4) (5)
Net cash used in financing activities (1,520) (2,117)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4) (17)
Net increase (decrease) in cash, cash equivalents and restricted cash 380 (671)
Cash, cash equivalents and restricted cash:    
Beginning of period 2,331 2,947
End of period $ 2,711 $ 2,276