| Apr'19 | Apr'18 | Apr'17 | Apr'16 | Apr'15 | Apr'14 | Apr'13 | Apr'12 | Apr'11 | Apr'10 | Apr'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income | ||||||||||
1,169 | 116 | 481 | 229 | 560 | 638 | 505 | 605 | 673 | 400 | 64 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
197 | 198 | 226 | 279 | 307 | 334 | 344 | 293 | 165 | 166 | 170 |
Stock-based compensation | ||||||||||
158 | 161 | 195 | 260 | 259 | 273 | 276 | 257 | 175 | 159 | 140 |
Accretion of discount and issuance costs on long-term debt | ||||||||||
- | - | - | - | - | - | 60 | 52 | 53 | 50 | 41 |
Deferred income taxes | ||||||||||
-3 | 270 | 74 | -113 | -3 | -76 | -76 | -60 | -26 | -11 | -124 |
Gain on sale or derecognition of assets | ||||||||||
73 | 218 | 10 | 51 | 0 | 0 | - | - | - | - | - |
Unrealized losses (gains) on derivative activities | ||||||||||
- | - | - | - | - | - | - | - | - | - | 0 |
Tax benefit (charge) from stock-based compensation | ||||||||||
- | - | - | - | - | - | - | - | - | -0 | 45 |
Excess tax benefit from stock-based compensation | ||||||||||
- | - | - | - | 55 | 52 | 72 | 113 | 127 | 8 | 36 |
Other items, net | ||||||||||
2 | -27 | -7 | 70 | 35 | -27 | -70 | -97 | -143 | -9 | -57 |
Changes in assets and liabilities, net of acquisitions of businesses: | ||||||||||
Accounts receivable | ||||||||||
185 | 289 | -90 | 16 | -75 | 57 | -23 | 90 | 262 | 21 | -128 |
Inventories | ||||||||||
9 | -36 | 66 | -49 | 24 | -17 | -22 | 16 | -4 | 52 | -9 |
Other operating assets | ||||||||||
73 | 38 | -25 | -109 | -13 | -75 | 77 | 37 | -6 | 36 | 0 |
Accounts payable | ||||||||||
-57 | 262 | 94 | -53 | 39 | -12 | 25 | 11 | 38 | 42 | -27 |
Accrued expenses | ||||||||||
42 | 162 | -86 | 30 | -67 | 32 | 53 | - | - | - | 190 |
Deferred revenue and financed unearned services revenue | ||||||||||
343 | 139 | -23 | 186 | 122 | 107 | 198 | 506 | 382 | 176 | 219 |
Long-term taxes payable | ||||||||||
-164 | 714 | -6 | -39 | - | - | - | - | - | - | - |
Accrued compensation and other current liabilities | ||||||||||
- | - | - | - | - | - | - | -48 | 118 | 53 | - |
Other operating liabilities | ||||||||||
-6 | -8 | -1 | 34 | 7 | 44 | 34 | 5 | 1 | 46 | 10 |
Net cash provided by operating activities | ||||||||||
1,341 | 1,478 | 986 | 974 | 1,268 | 1,350 | 1,386 | 1,462 | 1,346 | 975 | 889 |
Cash flows from investing activities: | ||||||||||
Purchases of investments | ||||||||||
41 | 1,389 | 1,977 | 1,589 | 2,597 | 1,019 | 2,287 | 3,572 | 2,190 | 2,632 | 1,152 |
Maturities, sales and collections of investments | ||||||||||
917 | 1,379 | 1,934 | 2,571 | 1,952 | 1,993 | 2,464 | 2,147 | 1,772 | 1,772 | 1,035 |
Reclassification from cash and cash equivalents to short-term investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 598 |
Purchases of property and equipment | ||||||||||
173 | 145 | 175 | 160 | 175 | 221 | 303 | 407 | 222 | 135 | 289 |
Proceeds from sale of properties | ||||||||||
0 | 210 | 0 | 102 | 0 | 0 | - | - | - | - | - |
Acquisitions of businesses, net of cash acquired | ||||||||||
3 | 75 | 8 | 842 | 85 | 0 | 106 | 480 | 136 | 0 | 0 |
Other investing activities, net | ||||||||||
-4 | 1 | -3 | -3 | -2 | -7 | -4 | -1 | -0 | -8 | -1 |
Net cash provided by investing activities | ||||||||||
704 | -21 | -223 | 85 | -903 | 760 | -228 | -2,310 | -777 | -987 | -1,003 |
Cash flows from financing activities: | ||||||||||
Proceeds from issuance of common stock under employee stock award plans | ||||||||||
121 | 173 | 140 | 120 | 157 | 201 | 110 | 142 | 324 | 197 | 85 |
Payments for taxes related to net share settlement of stock awards | ||||||||||
96 | 75 | 48 | 50 | - | - | - | - | - | - | - |
Repurchase of common stock | ||||||||||
2,111 | 794 | 705 | 960 | 1,165 | 1,881 | 590 | 600 | 0 | 0 | 400 |
Proceeds from (repayments of) commercial paper notes, net | ||||||||||
-136 | -115 | 499 | 0 | 0 | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||
- | - | - | - | 55 | 52 | 72 | 113 | 127 | 8 | 36 |
Proceeds from sale-leaseback financing transactions | ||||||||||
- | - | - | 148 | 0 | 0 | - | - | - | - | - |
Proceeds from short-term loan | ||||||||||
- | - | - | 870 | 0 | 0 | - | - | - | - | - |
Issuance of long-term debt, net | ||||||||||
0 | 795 | 0 | 0 | 495 | 0 | 987 | 0 | 0 | - | 1,238 |
Repayment of short-term loan | ||||||||||
0 | 0 | 850 | 20 | 0 | 0 | - | - | - | - | - |
Repayment of long-term debt | ||||||||||
0 | 750 | 0 | 0 | - | 1,265 | 0 | 0 | - | - | 172 |
Dividends paid | ||||||||||
403 | 214 | 208 | 210 | 208 | 202 | 0 | 0 | - | - | - |
Sale of common stock warrants | ||||||||||
- | - | - | - | - | - | - | - | - | - | 163 |
Settlement of note hedge | ||||||||||
- | - | - | - | - | - | - | - | - | 14 | -254 |
Other financing activities, net | ||||||||||
-6 | -6 | -7 | -7 | -9 | -9 | -1 | 1 | -1 | 0 | 0 |
Net cash used in financing activities | ||||||||||
-2,631 | -986 | -1,179 | -109 | -675 | -3,104 | 578 | -343 | 450 | 219 | 696 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||
-30 | 26 | -11 | -4 | -59 | 8 | -9 | -16 | 32 | 3 | -24 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||
-616 | 497 | -427 | 946 | -369 | -986 | 1,727 | -1,207 | 1,052 | 210 | 557 |