CISCO SYSTEMS, INC. CSCO Cash Flow

Cisco systems, inc. (CSCO)

CashFlow / Quarterly

Apr'20	Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09	Apr'09	Jan'09	Oct'08
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
2,774	2,878	2,926	2,206	3,044	2,822	3,549	3,803	2,691	-8,778	2,394	2,424	2,515	2,348	2,322	2,813	2,349	3,147	2,430	2,319	2,437	2,397	1,828	2,247	2,181	1,429	1,996	2,270	2,478	3,143	2,092	1,917	2,165	2,182	1,777	1,232	1,807	1,521	1,930	1,935	2,192	1,853	1,787	1,081	1,348	1,504	2,201
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and other
446	457	461	464	481	487	465	516	564	546	566	578	560	549	599	604	541	498	507	643	570	630	599	628	608	612	591	609	619	617	615	392	631	564	621	673	573	687	553	615	473	513	429	524	426	425	393
Share-based compensation expense
391	384	395	404	374	389	403	392	399	393	392	402	400	352	372	357	395	330	376	396	367	308	369	339	353	347	309	240	272	302	306	369	337	354	341	383	400	430	407	391	434	371	321	330	299	298	304
Provision for receivables
14	-4	50	8	2	22	8	-30	-61	-26	-17	-28	16	-11	15	18	-58	24	7	52	20	19	43	31	-8	33	23	-2	56	-17	7	5	2	56	-13	-	-	-	22	94	-18	32	4	18	-23	42	17
Deferred income taxes
-25	47	81	-69	-24	-185	-72	-113	-8	843	178	1	-99	-184	158	-423	-45	81	193	-461	53	149	236	-497	-155	-156	130	-85	-100	13	135	-389	46	-80	109	-120	-101	-274	338	-221	-139	-210	93	-408	127	-319	26
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	28	24	10	91	26	21	9	73	26	19	12	71	34	11	18	55	44	16	17	15	3	25	11	21	6	20	17	28	34	128	28	21	-3	4	4	17
In-process research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	0	0	3
(Gains) losses on divestitures, investments and other, net
23	154	8	-55	2	84	-7	163	-15	118	56	2	-77	-47	-32	38	19	256	4	27	49	211	-29	71	65	55	108	23	73	7	-12	-401	27	-2	13	28	31	46	108	76	63	37	47	33	10	-53	-70
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:
Accounts receivable
310	-569	-515	1,644	53	-721	-892	1,333	172	-279	-957	497	143	-347	-1,049	1,816	-424	-357	-631	510	404	222	-723	724	70	-773	-361	562	539	515	-615	388	101	-362	-399	305	-260	163	-506	866	-332	1,032	-38	727	-519	-365	-453
Inventories
-118	9	-34	-132	-202	169	34	-45	13	196	80	245	98	95	-44	-126	-36	-23	-130	-119	-105	233	107	59	-27	99	-22	20	-44	-152	-42	174	-81	26	168	42	-165	77	193	72	6	72	8	12	-86	-105	-8
Financing receivables
28	-262	-146	137	273	112	-273	54	9	-177	333	265	9	-136	900	-146	125	-35	206	670	38	-76	2	451	-87	-282	37	275	67	271	110	84	211	542	9	527	319	692	78	-	-	-	-	-	-	-	-
Other assets
-15	-71	-59	219	84	357	295	-201	120	23	-8	125	15	36	-191	-57	-87	310	-129	21	126	225	-2	154	-1	-151	-28	-5	-22	162	-99	179	-10	131	374	-85	-60	-160	30	-446	342	16	186	-451	148	65	405
Lease receivables, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126	37	100	-	18	44	65
Accounts payable
450	-81	-45	35	348	-143	-153	356	486	-103	-235	162	247	-35	-63	49	33	-151	4	-14	133	-27	-5	-21	159	-132	-29	73	108	2	-19	-41	112	-114	36	75	2	-150	45	-21	102	6	52	-10	30	-193	-35
Income taxes, net
307	-677	-330	1,071	71	-393	-437	-677	-1,451	10,665	-419	172	145	183	-440	423	41	-449	-315	564	17	-130	-398	547	88	-55	-389	403	802	-1,072	-372	267	5	184	-38	36	125	91	-408	259	-136	223	-291	494	-193	550	-83
Accrued compensation
301	-48	-473	345	271	9	-348	47	242	26	-215	44	263	-84	-333	217	30	86	-434	331	66	105	-495	369	393	-344	-460	182	113	198	-359	350	57	40	-548	201	303	110	-678	427	484	-33	-313	55	333	-16	-197
Deferred revenue
97	78	158	986	214	516	-309	790	178	160	77	1,091	-19	149	462	1,212	-62	88	-19	1,058	191	354	-328	968	-104	102	-307	767	-576	702	-295	245	178	72	232	491	-149	1,053	-367	791	550	350	-160	563	-535	546	-2
Other liabilities
-290	27	-382	305	-242	274	-186	320	-325	225	-137	317	-443	116	-687	99	-542	428	-590	385	-283	-95	68	494	-286	3	574	448	-49	281	-288	400	-291	189	2	586	-95	-46	-200	297	-642	603	-110	304	-241	-49	47
Net cash provided by operating activities
4,237	3,800	3,587	3,942	4,329	3,797	3,763	4,100	2,416	4,070	3,080	4,001	3,373	3,772	2,730	3,818	3,064	3,922	2,766	4,138	3,040	2,883	2,491	3,612	3,198	2,873	2,649	3,986	3,094	3,349	2,465	3,088	2,969	3,101	2,333	2,824	2,979	2,609	1,667	3,232	2,967	2,486	1,488	1,985	1,996	3,198	2,718
Cash flows from investing activities:
Purchases of investments
2,630	2,222	2,028	1,240	499	193	484	153	178	5,679	8,275	7,140	7,715	9,180	18,667	10,394	17,277	8,266	10,823	13,358	10,556	10,300	9,761	8,433	12,010	7,039	8,835	12,639	9,735	6,021	8,213	9,092	14,880	6,040	11,770	6,827	12,671	8,063	9,569	13,427	12,243	13,483	9,537	9,360	7,755	11,649	12,461
Proceeds from sales of investments
1,327	1,068	2,342	1,997	2,336	250	2,805	5,284	3,311	6,429	2,682	4,413	5,994	7,083	11,337	4,972	13,559	3,572	6,675	6,347	3,942	6,498	3,450	3,703	5,409	4,348	4,733	7,520	2,288	2,544	2,447	7,746	7,300	4,570	7,721	2,596	5,548	3,162	6,232	7,107	5,911	3,513	2,769	3,182	4,746	5,712	6,833
Proceeds from maturities of investments
1,664	2,078	1,966	2,131	4,534	3,722	2,541	3,510	4,894	3,436	3,929	3,753	3,145	2,796	2,449	2,325	3,835	3,822	4,133	3,661	4,420	3,306	3,906	3,612	4,060	3,930	4,058	4,675	4,582	4,264	4,388	4,173	3,891	2,860	1,179	3,983	5,777	4,783	3,574	6,223	6,196	5,614	5,664	3,264	2,168	3,411	3,509
Acquisitions and divestitures
74	0	163	0	576	-365	1,964	217	2,035	2	725	113	2,960	0	251	0	2,072	475	614	88	21	33	184	205	0	337	2,447	395	336	1,123	4,912	42	224	71	38	0	172	25	69	329	2,642	2,308	0	88	11	39	288
Purchases of investments in privately held companies
46	43	54	30	50	39	29	141	37	69	20	50	30	104	38	54	36	88	78	67	64	41	50	69	52	129	134	85	24	107	9	679	-68	-78	-153	-	-	-	-	-	-	-	-	-	-	-	-
Return of investments in privately held companies
122	34	57	32	84	27	16	5	39	43	81	35	60	84	24	17	39	11	24	14	47	185	42	94	38	48	33	99	42	56	12	30	88	66	58	70	143	-22	-28	126	1	-37	-32	-11	-25	-42	-11
Acquisition of property and equipment
171	189	202	208	228	261	212	214	241	211	168	208	230	251	275	266	304	314	262	320	357	265	285	325	373	262	315	317	291	287	265	296	281	284	265	244	278	326	326	309	291	248	160	211	209	224	361
Proceeds from sales of property and equipment
44	127	4	7	5	8	2	5	3	50	1	1	1	3	2	30	0	5	6	14	3	2	3	64	4	8	156	84	23	10	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	3	-1	7	10	39	-25	13	-23	-4	108	76	11	63	6	111	-2	-54	24	2	4	57	6	2	2	59	-15	-83	-77	26	-20	-9	-19	-48	-20	-17	-43	-15	0	-6	60
Net cash provided by investing activities
236	843	1,922	2,689	5,606	3,867	2,675	8,076	5,757	3,990	-2,505	652	-1,710	418	-5,396	-3,366	-2,364	-1,437	-950	-3,860	-2,592	-759	-2,877	-1,505	-2,948	565	-2,755	-1,115	-3,457	-666	-6,530	2,429	-4,159	1,106	-3,191	-473	-1,812	-482	-167	-698	-3,048	-6,932	-1,253	-3,209	-1,086	-2,825	-2,839
Cash flows from financing activities:
Issuances of common stock
1	332	2	319	9	304	8	305	16	293	9	290	32	298	88	356	70	316	385	432	422	809	353	854	216	393	444	2,145	541	535	117	257	462	450	203	315	358	784	374	498	1,344	802	634	377	45	217	224
Repurchases of common stock—repurchase program
1,011	864	784	4,675	5,980	4,986	5,076	5,985	6,105	3,771	1,686	1,169	525	968	1,023	755	810	1,134	1,210	999	1,129	1,108	1,088	1,448	2,285	3,782	1,898	1,219	909	462	183	1,852	498	466	1,744	1,149	1,014	1,849	2,701	2,424	2,196	1,375	1,869	804	1,204	601	1,002
Shares repurchased for tax withholdings on vesting of restricted stock units
82	243	194	261	87	196	318	162	108	91	342	122	65	31	401	88	57	30	382	87	46	27	342	85	36	23	286	81	37	9	203	40	15	8	137	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings, original maturities of 90 days or less, net
-	0	3,470	-	-	0	0	0	-7,597	7,593	-2,498	497	1,700	300	0	0	0	0	-4	-500	500	0	-4	0	-1,000	1,000	-2	-	-	-	23	-52	-522	17	0	120	369	39	-16	-	-	-	0	-	-	-	-
Issuances of debt
-	-	-	-	-	-	-	0	0	1,395	5,482	748	0	0	6,232	0	6,978	0	0	-	-	-	-	-20	7,997	0	4	24	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt
0	2,500	2,720	1,530	5,250	0	0	2,500	3,645	5,482	748	0	4,150	0	1	0	3,001	10	852	1	1	503	3	2	3,252	22	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	28	24	10	91	26	21	9	73	26	19	12	71	34	11	18	55	44	16	17	15	3	25	11	21	6	20	17	28	34	128	28	21	-3	4	4	17
Dividends paid
1,500	1,500	1,500	1,490	1,519	1,470	1,500	1,600	1,539	1,425	1,436	1,448	1,451	1,304	1,308	1,309	1,308	1,065	1,068	1,086	1,100	927	973	974	974	896	914	918	905	743	744	425	432	322	322	-	-	-	-	-	-	-	-	-	-	-	-
Other
9	4	-16	62	33	77	-59	-77	-70	9	-31	72	-10	-180	-60	54	-12	-15	123	-54	-70	77	33	19	-25	-41	32	-47	-44	72	14	-70	70	-75	-78	9	31	10	30	22	-6	-40	35	-29	-20	-15	-112
Net cash used in financing activities
-2,602	-4,757	-8,668	-5,132	-9,541	-6,271	-6,945	-9,954	-19,081	-1,479	-1,250	-1,104	-4,445	-1,875	3,618	-1,716	1,881	-1,929	-2,935	2,729	-1,375	-1,714	-1,953	-1,622	652	-3,353	-2,565	-68	-1,362	-609	-961	-2,179	-910	-393	-2,057	-1,324	544	-999	-2,285	-1,914	-668	4,382	-1,179	-417	2,274	-395	-873
Net (decrease) increase in cash, cash equivalents, and restricted cash
1,871	-114	-3,159	1,499	394	1,393	-507	2,222	-10,908	6,581	-675	3,549	-2,782	2,315	952	-1,264	2,581	556	-1,119	3,007	-927	410	-2,339	485	902	85	-2,671	2,803	-1,725	2,074	-5,026	3,338	-2,100	3,814	-2,915	1,027	1,711	1,128	-785	620	-749	-64	-944	-1,641	3,184	-22	-994
Supplemental cash flow information:
Cash paid for interest
170	145	204	132	282	154	271	171	285	171	283	170	308	171	248	168	265	162	264	114	263	120	263	121	221	119	221	120	221	120	221	120	221	120	220	119	270	118	270	117	270	36	269	-	-	-	-
Cash paid for income taxes, net
388	1,286	1,009	495	523	1,099	869	579	2,021	501	810	583	630	616	913	582	738	527	828	510	528	458	694	481	528	537	803	283	-236	696	776	590	564	462	398	321	371	392	565	444	486	489	649	-	-	-	-