Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
Statement of Cash Flows [Abstract]      
Cash and cash equivalents, beginning of period $ 3,433 $ 5,560 $ 15,308
Cash flows provided by (used for) operating activities:      
Net income 21,053 9,601 10,316
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 7,520 6,752 6,266
Share-based compensation 1,546 1,358 1,444
Amortization of intangibles 1,565 1,377 1,524
(Gains) losses on equity investments, net (155) 2,583 432
Loss on debt conversion and extinguishment 260 476 0
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 497 387 0
Deferred taxes (1,749) 1,548 257
Changes in assets and liabilities:      
Accounts receivable (1,714) (781) 65
Inventories (214) (1,300) 119
Accounts payable 211 191 182
Accrued compensation and benefits (260) 311 291
Customer deposits and prepaid supply agreements 1,367 1,105 0
Income taxes payable and receivable 148 5,230 1,382
Other assets and liabilities 41 (788) 394
Total adjustments 8,379 12,509 11,492
Net cash provided by operating activities 29,432 22,110 21,808
Cash flows provided by (used for) investing activities:      
Additions to property, plant and equipment (15,181) (11,778) (9,625)
Acquisitions, net of cash acquired (190) (14,499) (15,470)
Purchases of available-for-sale debt investments (3,843) (2,746) (9,269)
Sales of available-for-sale debt investments 195 1,833 2,847
Maturities of available-for-sale debt investments 2,968 3,687 5,654
Purchases of trading assets (9,503) (13,700) (12,237)
Maturities and sales of trading assets 12,111 13,970 10,898
Purchases of equity investments (874) (1,619) (963)
Proceeds from Equity Method Investment, Distribution, Return of Capital 2,802 5,236 1,080
Proceeds from Divestiture of Businesses 548 3,124 0
Other investing (272) 730 1,268
Net cash used for investing activities (11,239) (15,762) (25,817)
Cash flows provided by (used for) financing activities:      
Proceeds from (Repayments of) Short-term Debt 460 12 (15)
Issuance of long-term debt, net of issuance costs 423 7,716 2,734
Repayments of Long-term Debt (3,026) (8,080) (1,500)
Proceeds from sales of common stock through employee equity incentive plans 555 770 1,108
Repurchase of common stock (10,730) (3,615) (2,587)
Payment of dividends to stockholders (5,541) (5,072) (4,925)
Other financing (748) (206) (554)
Net cash provided by (used for) financing activities (18,607) (8,475) (5,739)
Net increase (decrease) in cash and cash equivalents (414) (2,127) (9,748)
Cash and cash equivalents, end of period 3,019 3,433 5,560
Supplemental disclosures:      
Acquisitions of property, plant, and equipment included in accounts payable and accrued liabilities 2,340 1,417 979
Transfer to Investments 0 1,078 0
Interest, net of capitalized interest 448 624 682
Income taxes, net of refunds $ 3,813 $ 3,824 $ 877