v3.22.2
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 02, 2022
Jun. 26, 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 (loss) 7,659 8,422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 5,528 4,862
Share-based compensation 1,599 1,044
Restructuring and other charges 73 2,555
Amortization of intangibles 968 897
(Gains) losses on equity investments, net (4,230) (555)
(Gains) losses on divestitures (1,072) 0
Changes in assets and liabilities:    
Accounts receivable 3,397 (678)
Inventories (1,386) (126)
Accounts payable 117 425
Accrued compensation and benefits (1,985) (836)
Prepaid customer supply agreements (12) (1,571)
Income taxes (2,232) 114
Other assets and liabilities (1,724) (404)
Total adjustments (959) 5,727
Net cash provided by operating activities 6,700 14,149
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (11,846) (7,574)
Divestiture, Additions to Property, Plant, and Equipment, Held for Sale (206) (682)
Purchases of short-term investments (25,514) (16,637)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale 25,407 15,062
Sales of equity investments 4,775 149
Proceeds from divestiture 6,579 0
Other investing (1,667) 768
Net cash used for investing activities (2,472) (8,914)
Cash flows provided by (used for) financing activities:    
Payments on finance leases (299) 0
Repayment of debt (1,688) (500)
Proceeds from sales of common stock through employee equity incentive plans 589 589
Repurchase of common stock 0 (2,415)
Payment of dividends to stockholders (2,986) (2,821)
Other financing (281) (1,207)
Net cash provided by (used for) financing activities (4,665) (6,354)
Net increase (decrease) in cash and cash equivalents (437) (1,119)
Cash and cash equivalents, end of period 4,390 4,746
Supplemental disclosures:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 3,286 2,426
Interest, net of capitalized interest 214 283
Income taxes, net of refunds $ 3,326 $ 1,110

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