Apple inc. (AAPL)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Dec'08
Operating activities:
Net income

11,249

22,236

13,686

10,044

11,561

19,965

14,125

11,519

13,822

20,065

10,714

8,717

11,029

17,891

9,014

7,796

10,516

18,361

11,124

10,677

13,569

18,024

8,467

7,748

10,223

13,072

7,512

6,900

9,547

13,078

8,223

8,824

11,622

13,064

6,623

7,308

5,987

6,004

4,308

3,253

3,074

3,378

2,532

1,828

1,620

2,255

Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization

2,786

2,816

3,179

2,933

3,040

3,395

2,754

2,665

2,739

2,745

2,484

2,354

2,332

2,987

2,548

2,526

2,477

2,954

3,119

3,084

2,479

2,575

1,969

1,946

1,887

2,144

1,783

1,694

1,692

1,588

981

835

740

721

543

481

434

356

329

273

216

209

203

182

181

168

Share-based compensation expense

1,697

1,710

1,499

1,496

1,514

1,559

1,345

1,351

1,348

1,296

1,174

1,193

1,217

1,256

1,030

1,054

1,048

1,078

915

856

927

888

762

724

696

681

555

578

575

545

448

448

424

420

298

284

287

299

224

219

231

205

180

179

181

170

Deferred income tax benefit

-302

-349

-302

86

-177

53

519

1,126

-498

-33,737

1,202

1,942

1,370

1,452

-253

2,099

1,500

1,592

-1,438

941

-318

2,197

-807

1,095

806

1,253

-1,383

567

778

1,179

339

1,151

1,459

1,456

636

669

740

823

142

405

468

425

268

202

294

276

Loss on disposition of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

-1

-7

Other

117

142

312

125

161

54

34

259

140

11

24

-67

-65

274

-67

-111

-198

-110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-5,269

-2,015

8,768

-919

-2,964

-5,130

9,078

-233

-9,093

5,570

5,474

802

-2,486

-1,697

4,096

-85

-642

-3,896

6,673

-535

-5,804

-751

6,546

1,087

-4,499

1,098

4,263

1,755

-4,514

668

3,273

615

-1,898

3,561

-735

304

-229

517

2,063

561

-211

-271

675

754

-264

-226

Inventories

-727

28

785

-1,502

-70

1,076

-1,942

-1,693

3,241

-434

1,709

236

198

580

301

-450

-170

102

307

-354

113

172

246

-235

-293

358

67

452

-210

664

-331

20

-134

460

-113

-41

45

-166

109

304

62

121

75

68

-84

-113

Vendor non-trade receivables

-4,021

-3,902

10,552

1,133

-7,711

-6,905

13,546

4,179

-19,375

9,660

7,566

1,200

-4,887

375

6,217

-267

-4,073

-1,826

3,957

2,278

-6,008

3,508

3,706

-67

-4,878

3,459

2,925

-1,638

-3,684

2,174

1,121

-86

-827

1,206

979

72

450

433

1,462

1,209

-48

95

-

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,172

-137

-1,097

Other current and non-current assets

1,812

7,054

-180

-1,410

-169

886

358

-988

856

197

2,089

2,333

-550

1,446

-6

-863

-1,244

1,058

2,569

162

-4,096

1,648

764

-917

-333

319

-596

785

-856

-413

-76

1,728

548

962

-160

-335

1,328

558

609

382

250

369

111

241

368

-7

Accounts payable

-12,431

-1,089

17,881

220

-11,523

-8,501

19,585

1,594

-24,606

12,602

14,178

1,650

-9,322

2,460

11,684

-179

-8,536

-852

8,264

2,165

-14,431

9,003

8,469

-156

-10,566

8,191

7,080

-318

-10,567

6,145

2,017

-359

-1,505

4,314

35

854

-720

2,346

3,495

2,830

-974

956

740

879

-760

-767

Deferred revenue

238

985

151

-236

-170

-370

70

-467

-175

569

-175

-197

-263

42

-406

-1,367

248

-29

2

47

48

945

66

-20

46

1,368

55

-137

-70

1,611

249

659

620

1,296

378

578

64

634

411

229

-29

606

198

195

-72

200

Other current and non-current liabilities

1,986

5,514

4,053

-5,480

-3,843

570

2,199

-1,776

-1,731

39,757

3,034

-2,483

-1,583

2,124

3,457

-3,071

-1,979

-313

4,610

-1,231

1,012

4,667

5,586

-1,214

443

1,195

965

-102

1,285

2,373

866

908

-1,694

2,472

1,887

934

1,021

653

1,017

48

-603

316

132

242

-721

186

Cash generated by operating activities

13,311

30,516

19,910

11,636

11,155

26,690

19,523

14,488

15,130

28,293

15,749

8,672

12,570

27,234

16,533

10,634

11,601

27,463

13,475

14,988

19,081

33,722

13,250

10,255

13,538

22,670

9,908

7,828

12,504

23,426

9,136

10,189

13,977

17,554

10,429

11,108

6,219

9,773

5,683

4,801

2,330

5,781

3,110

2,270

841

3,938

Investing activities:
Purchases of marketable securities

29,073

37,416

17,728

8,048

6,777

7,077

15,223

7,684

7,177

41,272

35,705

23,960

45,549

54,272

30,360

25,826

38,406

47,836

28,878

45,001

47,608

44,915

56,466

70,302

41,963

48,397

25,808

41,518

43,971

37,192

30,141

36,069

44,847

40,175

27,184

32,873

22,685

19,575

16,475

16,257

12,139

12,922

12,028

11,213

10,401

13,082

Proceeds from maturities of marketable securities

19,998

19,740

13,319

9,903

9,677

7,203

9,591

14,406

17,836

14,048

12,428

6,918

5,904

6,525

6,343

5,767

5,634

3,514

4,622

4,045

3,064

2,807

3,699

4,242

5,313

5,556

6,354

4,720

5,783

3,460

2,691

2,642

4,664

3,038

4,041

6,185

6,932

3,279

5,172

6,427

7,115

6,216

7,010

6,500

4,054

2,226

Proceeds from sales of marketable securities

20,482

7,280

7,472

26,881

12,912

9,723

6,224

2,672

22,141

16,801

17,817

16,293

28,288

32,166

20,610

19,875

21,789

28,262

26,812

31,711

24,758

24,166

62,474

46,586

49,939

30,302

22,396

32,546

26,186

23,002

26,630

24,088

27,580

21,472

15,115

12,596

14,852

6,853

7,740

5,362

5,487

3,199

1,771

3,660

2,789

2,668

Payments for acquisition of property, plant and equipment

1,853

2,107

2,777

2,000

2,363

3,355

3,041

3,267

4,195

2,810

3,865

2,277

2,975

3,334

3,977

2,809

2,336

3,612

3,618

2,043

2,369

3,217

3,826

2,378

1,382

1,985

1,955

1,885

2,008

2,317

3,461

2,056

1,457

1,321

1,645

777

624

1,214

760

595

274

376

459

246

100

339

Payments made in connection with business acquisitions, net

176

958

13

320

124

167

290

126

132

173

81

181

50

17

151

6

54

86

113

115

92

23

2,867

339

34

525

53

144

15

284

0

0

350

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments for acquisition of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-

96

263

394

40

46

107

48

26

53

104

59

351

131

291

138

40

907

52

108

2,926

185

32

49

53

31

27

5

13

26

16

14

Purchases of non-marketable securities

69

77

369

142

63

427

83

1,625

22

141

-

-

-

0

12

1,250

0

126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

16

38

Other

296

130

810

298

-86

56

222

739

-259

43

228

-114

-94

104

603

125

24

172

160

-46

-23

-65

-19

-30

28

-5

-28

95

41

52

-8

8

14

34

293

-22

-35

23

-16

46

-80

70

113

7

-5

60

Cash generated by/(used in) investing activities

9,013

-13,668

-798

27,502

13,348

5,844

-3,001

3,947

28,710

-13,590

-9,942

-3,180

-14,202

-19,122

-7,397

-4,470

-13,660

-20,450

-1,375

-11,403

-22,331

-21,165

2,997

-22,214

11,741

-15,103

611

-6,507

-14,357

-13,521

-4,313

-12,310

-14,476

-17,128

-13,136

-15,032

-1,522

-10,729

-4,383

-5,430

-83

-3,958

-3,771

-1,339

-3,685

-8,639

Financing activities:
Proceeds from issuance of common stock

428

2

390

1

390

0

-

-

-

-

-

-

-

-

248

0

246

1

219

15

229

80

295

94

207

134

195

60

199

76

232

56

286

91

254

83

286

208

179

199

160

374

187

166

45

77

Excess tax benefits from equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127

40

224

65

327

93

264

177

199

83

280

57

142

98

404

315

400

303

333

218

175

286

454

99

239

161

252

146

77

28

19

Payments for taxes related to net share settlement of equity awards

187

1,379

191

1,199

109

1,318

260

1,077

152

1,038

228

858

159

629

209

610

154

597

167

724

96

512

319

409

65

365

81

413

54

534

81

511

279

355

41

221

25

233

22

122

159

103

150

-35

1

-34

Payments for dividends and dividend equivalents

3,375

3,539

3,479

3,629

3,443

3,568

3,530

3,653

3,190

3,339

3,270

3,365

3,004

3,130

3,092

3,187

2,902

2,969

2,964

3,053

2,743

2,801

2,829

2,867

2,661

2,769

2,769

2,811

2,491

2,493

2,488

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

18,574

20,706

17,444

16,955

23,702

8,796

19,104

20,783

22,756

10,095

7,795

7,093

7,161

10,851

6,026

10,166

6,667

6,863

13,253

10,000

6,970

5,030

17,000

5,000

17,971

5,029

4,910

16,000

0

1,950

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of term debt, net

0

2,210

6,963

0

0

0

0

0

0

6,969

6,937

10,750

10,975

0

-

-

-

-

5,802

9,980

7,847

3,485

0

11,960

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of term debt

4,250

1,000

3,305

3,000

2,500

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from/(Repayments of) commercial paper, net

2,497

-979

-3,951

-1,990

-42

6

-

-

-

2

-14

1,987

-506

2,385

-4,389

4,495

737

-1,240

3,999

700

-99

-2,409

4,296

2,010

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-35

-16

-22

-32

-51

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in financing activities

-20,940

-25,407

-21,039

-26,804

-29,457

-13,676

-22,580

-31,523

-26,272

-7,501

-4,089

-2,078

418

-12,225

-6,889

-9,441

6,884

-11,444

-6,299

-2,755

-1,739

-6,923

-15,380

5,987

-20,407

-7,749

-7,508

-2,126

-2,248

-4,497

-2,022

-55

310

69

431

37

547

429

256

316

162

523

319

208

74

62

Increase/(Decrease) in cash, cash equivalents and restricted cash

1,384

-8,559

-1,927

12,334

-4,954

18,858

-6,058

-13,088

17,568

7,202

1,718

3,414

-1,214

-4,113

2,247

-3,277

4,825

-4,431

5,801

830

-4,989

5,634

867

-5,972

4,872

-182

3,011

-805

-4,101

5,408

2,801

-2,176

-189

495

-2,276

-3,887

5,244

-527

1,556

-313

2,409

2,346

-342

1,139

-2,770

-4,639

Supplemental cash flow disclosure:
Cash paid for income taxes, net

3,112

4,393

3,468

2,298

4,581

4,916

1,598

2,479

2,789

3,551

1,839

2,874

3,368

3,510

1,454

2,360

3,232

3,398

2,648

3,546

3,189

3,869

2,013

2,644

1,982

3,387

1,940

2,930

2,368

1,890

1,781

1,066

3,361

1,474

775

650

1,087

826

40

513

1,164

980

507

662

1,278

550

Cash paid for interest

918

771

860

801

926

836

902

764

733

623

636

449

510

497

424

327

169

396

87

207

18

202

17

161

0

161

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-