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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jan. 01, 2021
Jan. 03, 2020
OPERATING ACTIVITIES:    
Net income $ 360 $ 3,656
Adjustments:    
Amortization and depreciation 113 307
Impairments of current and long-lived assets 88 32
Stock-based compensation expense 66 270
Deferred income taxes 47 14
Gain on extinguishment of debt (20) 0
Loss from equity interest 0 31
Gain on sale of Enterprise Security assets 0 (5,422)
Gain on sale of equity method investment 0 (379)
Gain on sale of property (35) 0
Non-cash operating lease expense 17 32
Other 54 27
Changes in operating assets and liabilities:    
Accounts receivable, net 1 537
Accounts payable (23) (21)
Accrued compensation and benefits (25) (99)
Contract liabilities 21 (163)
Income taxes payable (348) 2,096
Other assets 36 (94)
Other liabilities (2) 81
Net cash provided by operating activities 350 905
INVESTING ACTIVITIES:    
Purchases of property and equipment (5) (86)
Proceeds from sale of Enterprise Security assets, net of transaction costs 0 10,572
Proceeds from maturities and sales of short-term investments 60 135
Proceeds from sale of property 118 0
Proceeds from sale of equity method investment 0 378
Other (9) (8)
Net cash provided by investing activities 164 10,991
FINANCING ACTIVITIES:    
Repayments of debt and related equity component (1,929) (302)
Proceeds from issuance of debt, net of issuance costs 750 300
Net proceeds from sales of common stock under employee stock incentive plans 16 109
Tax payments related to restricted stock units (57) (71)
Dividends and dividend equivalents paid (300) (177)
Repurchases of common stock (138) (904)
Short-swing profit disgorgement 0 9
Other 0 (1)
Net cash used in financing activities (1,658) (1,037)
Effect of exchange rate fluctuations on cash and cash equivalents 13 (1)
Change in cash and cash equivalents (1,131) 10,858
Beginning cash and cash equivalents 2,177 1,791
Ending cash and cash equivalents $ 1,046 $ 12,649