Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

v3.4.0.3
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 15,308 $ 2,561
Cash flows provided by (used for) operating activities:    
Net income 2,046 1,992
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,619 1,848
Share-based compensation 448 368
Restructuring and asset impairment charges 0 105
Excess tax benefit from share-based payment arrangements (13) (22)
Amortization of intangibles 396 251
(Gains) losses on equity investments, net (22) (32)
Deferred taxes (43) (171)
Changes in assets and liabilities:    
Accounts receivable 942 1,167
Inventories (57) (137)
Accounts payable 434 (71)
Accrued compensation and benefits (1,307) (1,659)
Income taxes payable and receivable 497 221
Other assets and liabilities (885) 555
Total adjustments 2,009 2,423
Net cash provided by operating activities 4,055 4,415
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (1,346) (2,025)
Acquisitions, net of cash acquired (14,569) (57)
Purchases of available-for-sale investments (2,847) (139)
Sales of available-for-sale investments 2,810 43
Maturities of available-for-sale investments 1,359 1,079
Purchases of trading assets (4,533) (2,475)
Maturities and sales of trading assets 3,138 3,398
Investments in loans receivable and reverse repurchase agreements (223) 0
Collection of loans receivable and reverse repurchase agreements 650 0
Investments in non-marketable equity investments (182) (278)
Other investing 223 5
Net cash used for investing activities (15,520) (449)
Cash flows provided by (used for) financing activities:    
Increase (decrease) in short-term debt, net 956 (486)
Excess tax benefit from share-based payment arrangements 13 22
Proceeds from sales of common stock through employee equity incentive plans 343 341
Repurchase of common stock (793) (750)
Restricted stock unit withholdings (63) (51)
Payment of dividends to stockholders (1,228) (1,137)
Collateral associated with repurchase of common stock 0 325
Decrease in liability due to return of collateral associated with repurchase of common stock 0 (325)
Other financing (10) (213)
Net cash used for financing activities (782) (2,274)
Effect of exchange rate fluctuations on cash and cash equivalents 0 (9)
Net increase (decrease) in cash and cash equivalents (12,247) 1,683
Cash and cash equivalents, end of period 3,061 4,244
Cash paid (received) during the period for:    
Interest, net of capitalized interest 254 0
Income taxes, net of refunds $ (72) $ 596