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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2017
Jul. 01, 2016
Jul. 03, 2015
OPERATING ACTIVITIES      
Net income $ 772 $ 248 $ 1,742
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 749 815 841
Share-based compensation 137 120 137
Loss (gain) on redemption and repurchase of debt 7 (3) 74
Loss on sale of property and equipment 0 0 2
Impairment of long-lived assets 42 26 0
Deferred income taxes 3 (2) 2
Other non-cash operating activities, net 20 12 (9)
Changes in operating assets and liabilities:      
Accounts receivable, net 122 464 (2)
Inventories (114) 145 29
Accounts payable 121 (24) (58)
Accrued employee compensation 53 (78) (40)
Accrued expenses, income taxes and warranty 47 (42) (112)
Other assets and liabilities (43) (1) 44
Net cash provided by operating activities 1,916 1,680 2,650
INVESTING ACTIVITIES      
Acquisition of property, equipment and leasehold improvements (434) (587) (747)
Purchases of strategic investments (37) 0 0
Purchases of short-term investments 0 0 (5)
Sales of short-term investments 0 0 4
Maturities of short-term investments 6 0 19
Cash used in acquisition of businesses, net of cash acquired 0 (634) (453)
Other investing activities, net 6 10 (105)
Net cash used in investing activities (459) (1,211) (1,287)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 1,232 0 1,196
Redemption and repurchase of debt (316) (22) (1,026)
Taxes paid related to net share settlement of equity awards (27) (56) 0
Repurchases of ordinary shares (460) (1,090) (1,087)
Dividends to shareholders (561) (727) (664)
Proceeds from issuance of ordinary shares under employee stock plans 86 79 98
Other financing activities, net 0 (4) (12)
Net cash used in financing activities (46) (1,820) (1,495)
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash 0 (3) (20)
Increase (decrease) in cash, cash equivalents and restricted cash 1,411 (1,354) (152)
Cash, cash equivalents and restricted cash at the beginning of the year 1,132 2,486 2,638
Cash, cash equivalents and restricted cash at the end of the year 2,543 1,132 2,486
Supplemental Disclosure of Cash Flow Information      
Cash paid for interest 172 200 216
Cash paid for income taxes, net of refunds $ 33 $ 40 $ 285