| Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 | Jan'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income | ||||||||||||
2,796 | 4,141 | 3,047 | 1,666 | 614 | 631 | 440 | 562 | 581 | 253 | -67 | -30 | 797 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
Stock-based compensation expense | ||||||||||||
844 | 557 | 391 | 247 | 204 | 158 | 136 | 136 | 136 | 100 | 107 | 162 | 133 |
Stock-based compensation expense related to stock option purchase | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 135 | 0 | 0 |
Depreciation and amortization | ||||||||||||
381 | 262 | 199 | 187 | 197 | 220 | 239 | 226 | 204 | 186 | 196 | 185 | 133 |
Amortization of debt discount | ||||||||||||
- | - | - | - | 29 | 28 | 5 | 0 | - | - | - | - | - |
Payments under patent licensing arrangement | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -21 | -57 |
In-process research and development expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 4 |
Impairment charge on investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 9 | 0 |
Deferred income taxes | ||||||||||||
18 | -315 | -359 | 197 | 134 | 83 | 15 | 31 | 19 | -2 | -21 | -23 | 89 |
Loss on early debt conversions | ||||||||||||
0 | 0 | -19 | -21 | 0 | 0 | - | - | - | - | - | - | - |
Net gain on sale and disposal of long-lived assets and investments | ||||||||||||
- | - | - | - | 6 | 17 | 8 | 0 | - | - | - | - | - |
Restructuring and other charges | ||||||||||||
- | - | - | - | 45 | 0 | 0 | - | - | - | - | - | - |
Tax benefit from stock-based compensation | ||||||||||||
- | - | - | - | 10 | 18 | 26 | 68 | 52 | 15 | 2 | -0 | - |
Other | ||||||||||||
-5 | 45 | -20 | -33 | -19 | -24 | -21 | -47 | -19 | -1 | -3 | 1 | -0 |
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
233 | 149 | 440 | 321 | 32 | 49 | -29 | 118 | -26 | -26 | 56 | 348 | -146 |
Inventories | ||||||||||||
-597 | 776 | 0 | 375 | -66 | 95 | -25 | 78 | -18 | 14 | -204 | -177 | -3 |
Prepaid expenses and other assets | ||||||||||||
-77 | 55 | -21 | 18 | 16 | -4 | -12 | 11 | 14 | -8 | -1 | 21 | -6 |
Deposits and other assets | ||||||||||||
- | - | - | - | - | - | - | - | 70 | -4 | -3 | -2 | -13 |
Accounts payable | ||||||||||||
194 | -135 | 90 | 184 | -11 | -27 | -20 | 10 | 35 | -69 | 119 | -283 | 216 |
Accrued and other current liabilities | ||||||||||||
54 | 256 | 33 | -135 | 39 | 5 | 5 | 17 | 6 | 196 | -136 | 58 | 123 |
Other long-term liabilities | ||||||||||||
28 | 2 | 481 | -14 | -97 | -41 | -38 | 69 | - | - | - | - | - |
Net cash provided by operating activities | ||||||||||||
4,761 | 3,743 | 3,502 | 1,672 | 1,175 | 906 | 835 | 824 | 909 | 675 | 487 | 249 | 1,270 |
Cash flows from investing activities: | ||||||||||||
Proceeds from sales of marketable securities | ||||||||||||
3,365 | 428 | 863 | 1,546 | 2,102 | 1,372 | 1,927 | 854 | 656 | - | - | - | - |
Proceeds from maturities of marketable securities | ||||||||||||
4,744 | 7,232 | 1,078 | 969 | 1,036 | 865 | 585 | 962 | 654 | 1,170 | 752 | 1,226 | 753 |
Purchases of marketable securities | ||||||||||||
1,461 | 11,148 | 36 | 3,134 | 3,477 | 2,862 | 3,066 | 2,378 | 1,964 | 1,719 | 1,193 | 999 | 1,250 |
Purchases of property and equipment and intangible assets | ||||||||||||
489 | 600 | 593 | 176 | 86 | 122 | 255 | 183 | 138 | 97 | 77 | 407 | -187 |
Acquisition of business, net of cash acquired | ||||||||||||
- | - | - | - | - | - | 17 | 0 | 348 | 0 | 0 | 27 | 75 |
Investments and other, net | ||||||||||||
14 | 9 | 36 | 5 | 6 | 1 | 5 | -0 | 1 | 2 | 0 | 0 | 1 |
Reimbursement of building development costs from banks | ||||||||||||
- | - | - | - | 24 | 0 | 0 | - | - | - | - | - | - |
Proceeds from sale of long-lived assets and investments | ||||||||||||
0 | 0 | 2 | 7 | 7 | 21 | 25 | 0 | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||
6,145 | -4,097 | 1,278 | -793 | -400 | -727 | -806 | -743 | -1,143 | -649 | -519 | -209 | -761 |
Cash flows from financing activities: | ||||||||||||
Proceeds related to employee stock plans | ||||||||||||
149 | 137 | 139 | 167 | 186 | 154 | - | - | - | - | - | - | - |
Payments related to tax on restricted stock units | ||||||||||||
551 | 1,032 | 612 | 176 | 66 | - | - | - | - | - | - | - | - |
Proceeds from issuance of debt | ||||||||||||
- | - | - | 1,988 | 0 | 0 | 1,480 | 0 | 0 | - | - | - | - |
Purchase of convertible note hedges | ||||||||||||
- | - | - | - | - | - | 167 | 0 | 0 | - | - | - | - |
Proceeds from the sale of common stock warrants | ||||||||||||
- | - | - | - | - | - | 59 | 0 | 0 | - | - | - | - |
Payments related to stock option purchase | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -78 | 0 | 0 |
Payments related to repurchases of common stock | ||||||||||||
0 | 1,579 | 909 | 739 | 587 | 814 | 887 | 100 | 0 | 0 | - | 423 | 552 |
Repayment of Convertible Notes | ||||||||||||
0 | 16 | 812 | 673 | 0 | 0 | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||
390 | 371 | 341 | 261 | 213 | 186 | 181 | 46 | 0 | 0 | - | - | - |
Payments for debt issuance costs | ||||||||||||
- | - | - | - | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of common stock under employee stock plans | ||||||||||||
- | - | - | - | - | - | 69 | 64 | 195 | 177 | 138 | 73 | 225 |
Tax benefit from stock-based compensation | ||||||||||||
- | - | - | - | 10 | 18 | 26 | 68 | 52 | 15 | 2 | 0 | - |
Payments under capital lease obligations | ||||||||||||
- | - | - | - | - | - | 2 | 2 | 1 | 0 | 0 | - | - |
Other | ||||||||||||
0 | -5 | -9 | -15 | -6 | -6 | -5 | 0 | -10 | 0 | 0 | -0 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||
-792 | -2,866 | -2,544 | 291 | -676 | -834 | 390 | -15 | 236 | 192 | 61 | -349 | -326 |
Change in cash and cash equivalents | ||||||||||||
10,114 | -3,220 | 2,236 | 1,170 | 99 | -655 | 419 | 64 | 2 | 218 | 29 | -309 | 182 |
Supplemental disclosures of cash flow information: | ||||||||||||
Cash paid for income taxes, net | ||||||||||||
176 | 61 | 22 | 14 | 14 | 14 | 15 | -38 | 58 | 1 | 4 | 7 | 2 |
Cash paid for interest | ||||||||||||
54 | 55 | 55 | 13 | 17 | 17 | 3 | 2 | 3 | 3 | 3 | 0 | 0 |
Other non-cash investing activity: | ||||||||||||
Change in unrealized gains (losses) from marketable securities | ||||||||||||
- | - | - | - | - | - | - | -0 | 0 | -1 | 8 | -6 | 9 |
Assets acquired by assuming related liabilities | ||||||||||||
212 | 76 | 36 | 16 | 19 | 10 | 3 | 45 | 15 | 252 | 37 | 47 | 18 |
Goodwill adjustment related to previously acquired business | ||||||||||||
- | - | - | - | - | 25 | 0 | 0 | - | - | - | - | - |