Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

v3.19.3
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 3,019 $ 3,433
Cash flows provided by (used for) operating activities:    
Net income 14,143 15,858
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,647 5,420
Share-based compensation 1,290 1,203
Amortization of intangibles 1,211 1,172
(Gains) losses on equity investments, net (395) (329)
Changes in assets and liabilities:    
Accounts receivable (156) (449)
Inventories (1,376) (362)
Accounts payable 728 430
Accrued compensation and benefits (365) (801)
Customer deposits and prepaid supply agreements (674) 1,472
Income taxes 435 (1,057)
Other assets and liabilities 1,769 (25)
Total adjustments 9,114 6,674
Net cash provided by operating activities 23,257 22,532
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (11,547) (11,291)
Purchases of available-for-sale debt investments (2,028) (3,090)
Sales of available-for-sale debt investments 1,198 135
Maturities of available-for-sale debt investments 1,920 2,232
Purchases of trading assets (5,769) (8,316)
Maturities and sales of trading assets 5,467 9,705
Sales of equity investments 1,414 1,646
Other investing (575) (440)
Net cash used for investing activities (9,920) (9,419)
Cash flows provided by (used for) financing activities:    
Increase (decrease) in short-term debt, net 835 1,707
Issuance of long-term debt, net of issuance costs 650 423
Repayment of debt and debt conversion (1,478) (1,928)
Proceeds from sales of common stock through employee equity incentive plans 797 545
Repurchase of common stock (10,100) (8,464)
Payment of dividends to stockholders (4,214) (4,173)
Other financing 1,089 (1,249)
Net cash provided by (used for) financing activities (12,421) (13,139)
Net increase (decrease) in cash and cash equivalents 916 (26)
Cash and cash equivalents, end of period 3,935 3,407
Supplemental disclosures of noncash investing activities and cash flow information:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 2,376 1,988
Interest, net of capitalized interest 312 316
Income taxes, net of refunds $ 1,334 $ 2,854