Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

v3.19.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2019
Mar. 31, 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 3,974 4,454
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,229 1,806
Share-based compensation 389 433
Amortization of intangibles 396 390
(Gains) losses on equity investments, net (274) (643)
Changes in assets and liabilities:    
Accounts receivable (235) 102
Inventories (512) (96)
Accounts payable 196 73
Accrued compensation and benefits (1,620) (1,307)
Increase (Decrease) in Customer Advances (228) 1,599
Income taxes 440 295
Other assets and liabilities 204 (822)
Total adjustments 985 1,830
Net cash provided by operating activities 4,959 6,284
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (3,321) (2,910)
Payments to Acquire Debt Securities, Available-for-sale (872) (859)
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale 940 893
Payments to Acquire Trading Securities Held-for-investment (1,869) (5,398)
Proceeds from Sale and Maturity of Debt and Equity Securities, FV-NI, Held-for-investment 1,554 3,760
Proceeds from Sale and Maturity of Other Investments 1,077 163
Other investing (231) (440)
Net cash used for investing activities (2,722) (4,791)
Cash flows provided by (used for) financing activities:    
Proceeds from (Repayments of) Short-term Debt 1,682 2,142
Repayments of Long-term Debt (861) (327)
Proceeds from Stock Plans 290 289
Repurchase of common stock (2,530) (1,914)
Payment of dividends to stockholders (1,414) (1,400)
Other financing 731 (162)
Net cash provided by (used for) financing activities (2,102) (1,372)
Net increase (decrease) in cash and cash equivalents 135 121
Cash and cash equivalents, end of period 3,154 3,554
Supplemental disclosures of noncash investing activities and cash flow information:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 2,259 2,904
Interest, net of capitalized interest 109 60
Income taxes, net of refunds $ 125 $ 228