Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Oct. 01, 2022
Sep. 25, 2021
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 4,827 $ 5,865
Cash flows provided by (used for) operating activities:    
Net income 8,678 15,245
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 8,309 7,357
Share-based compensation 2,392 1,587
Restructuring and other charges 665 2,597
Amortization of intangibles 1,439 1,361
(Gains) losses on equity investments, net (4,075) (1,113)
(Gains) losses on divestitures (1,072) 0
Changes in assets and liabilities:    
Accounts receivable 1,991 (1,618)
Inventories (2,043) (1,212)
Accounts payable (485) 1,095
Accrued compensation and benefits (1,912) (16)
Prepaid customer supply agreements (18) (1,577)
Income taxes (4,062) (570)
Other assets and liabilities (2,077) 917
Total adjustments (948) 8,808
Net cash provided by operating activities 7,730 24,053
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (19,145) (11,579)
Divestiture, Additions to Property, Plant, and Equipment, Held for Sale (206) (1,118)
Purchases of short-term investments (31,669) (30,326)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale 35,129 22,270
Sales of equity investments 4,880 444
Proceeds from divestiture 6,579 0
Other investing (2,614) 766
Net cash used for investing activities (7,046) (19,543)
Cash flows provided by (used for) financing activities:    
Payments on finance leases (341) 0
Issuance of long-term debt, net of issuance costs 6,103 4,974
Repayment of debt (3,088) (500)
Proceeds from sales of common stock through employee equity incentive plans 972 1,016
Repurchase of common stock 0 (2,415)
Payment of dividends to stockholders (4,488) (4,231)
Other financing (140) (1,349)
Net cash provided by (used for) financing activities (982) (2,505)
Net increase (decrease) in cash and cash equivalents (298) 2,005
Cash and cash equivalents, end of period 4,529 7,870
Supplemental disclosures:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 3,386 2,693
Interest, net of capitalized interest 315 271
Income taxes, net of refunds $ 3,960 $ 1,831