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
6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 7,079 $ 11,144
Cash flows provided by (used for) operating activities:    
Net income (loss) (2,091) (1,295)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 4,403 3,733
Share-based compensation 1,959 1,661
Restructuring and other charges 1,291 255
Amortization of intangibles 717 909
(Gains) losses on equity investments, net (84) (146)
Changes in assets and liabilities:    
Accounts receivable 272 1,137
Inventories (116) 1,240
Accounts payable 184 (1,102)
Accrued compensation and benefits (1,309) (1,340)
Income taxes (2,174) (2,186)
Other assets and liabilities (1,983) (1,843)
Total adjustments 3,160 2,318
Net cash provided by operating activities 1,069 1,023
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (11,652) (13,301)
Proceeds from capital-related government incentives 699 49
Purchases of short-term investments (17,634) (25,696)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale 17,214 26,957
Other investing (355) 662
Net cash used for investing activities (11,728) (11,329)
Cash flows provided by (used for) financing activities:    
Issuance of commercial paper, net of issuance costs 5,804 0
Repayment of commercial paper (2,609) (3,944)
Payments on finance leases 0 (96)
Partner contributions 11,861 834
Proceeds from sales of subsidiary shares 0 1,573
Issuance of long-term debt, net of issuance costs 2,975 10,968
Repayment of debt (2,288) 0
Proceeds from sales of common stock through employee equity incentive plans 631 665
Payment of dividends to stockholders (1,063) (2,036)
Other financing (444) (453)
Net cash provided by (used for) financing activities 14,867 7,511
Net increase (decrease) in cash and cash equivalents 4,208 (2,795)
Cash and cash equivalents, end of period 11,287 8,349
Non-cash supplemental disclosures:    
Acquisition of property, plant, and equipment 5,544 5,113
Recognition of capital-related government incentives 1,281 46
Interest, net of capitalized interest 488 161
Income taxes, net of refunds $ 1,555 $ 1,520