Present the cash flow statements to include operating, investing and financing activities based on the indirect method
Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions) Twel ve Man ths En ded September 29 September 30, 2017 2018 Cash and cash eauivalents. be ainnina of the period 20.289 20.484 Oper ating activities: Net income 59,531 48351 Adjustments to recon le net income to cash generated by oper ating activities Depreciation and amortization 10,903 10,157 Share-based compensation expense 5,340 4840 Deferred income tax expense/ (bene fit) (32590 5,966 (444 Other (166) Changes in operating assets and liabilities: Accounts receivable, net (5322) (2,093) (2,723) (4,254) Inventories 828 Vendor non-trade receivables (8.010 (5,318) Other current and non-ourrent assets (423) Accounts payable 9,175 8,966 Deferred revenue (44) (626) Other current and non-aurrert labilities 38,490 1,125 Cash generated by oper ating activites 77.434 64225 Investing activities: Purchases of marketable securities (71.356 (159,486) Proceeds from maturities of marketable securities 55,881 31,775 Proceeds from sales of marketable securities 47,838 94,564 Payments for acquistion of property, plant and equipmert (13313) (12451) Payments made in connection with busine ss acquisitions, net (721 (329) Purchases of non-marketable seaurities (1871) (521) Proceeds from non-marketable seaurities 353 126 Other (745 (124) Cash generated bylused in) investing actvities 16,066 (46446) Financing activities: 669 555 Proceeds from issuance of common stock Payments for taxes related to net share settlement of equity awards (2527) (1.874) Payments for dividends and dividend equivalents (13712 (12,769) (32,900) Repurchases of common stock Proceeds from issuance of term debt, net (72738) 6,969 28,662 Repayments of term debt (6.500) (3,500) (37) Change in commercial paper, net 3,852 Cash used in financing activities (87876) (17974) 5,624 Incre ase/(Decrease) in cash and cash equivalents (195) Cash and cash equivalents, end of the period 25,913 20289 Supplemertal cash fow disclosure: Cash paid for income taxes, net $ 10.417 11591 Cash paid for interest 3,022 2092 Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions) Twel ve Man ths En ded September 29 September 30, 2017 2018 Cash and cash eauivalents. be ainnina of the period 20.289 20.484 Oper ating activities: Net income 59,531 48351 Adjustments to recon le net income to cash generated by oper ating activities Depreciation and amortization 10,903 10,157 Share-based compensation expense 5,340 4840 Deferred income tax expense/ (bene fit) (32590 5,966 (444 Other (166) Changes in operating assets and liabilities: Accounts receivable, net (5322) (2,093) (2,723) (4,254) Inventories 828 Vendor non-trade receivables (8.010 (5,318) Other current and non-ourrent assets (423) Accounts payable 9,175 8,966 Deferred revenue (44) (626) Other current and non-aurrert labilities 38,490 1,125 Cash generated by oper ating activites 77.434 64225 Investing activities: Purchases of marketable securities (71.356 (159,486) Proceeds from maturities of marketable securities 55,881 31,775 Proceeds from sales of marketable securities 47,838 94,564 Payments for acquistion of property, plant and equipmert (13313) (12451) Payments made in connection with busine ss acquisitions, net (721 (329) Purchases of non-marketable seaurities (1871) (521) Proceeds from non-marketable seaurities 353 126 Other (745 (124) Cash generated bylused in) investing actvities 16,066 (46446) Financing activities: 669 555 Proceeds from issuance of common stock Payments for taxes related to net share settlement of equity awards (2527) (1.874) Payments for dividends and dividend equivalents (13712 (12,769) (32,900) Repurchases of common stock Proceeds from issuance of term debt, net (72738) 6,969 28,662 Repayments of term debt (6.500) (3,500) (37) Change in commercial paper, net 3,852 Cash used in financing activities (87876) (17974) 5,624 Incre ase/(Decrease) in cash and cash equivalents (195) Cash and cash equivalents, end of the period 25,913 20289 Supplemertal cash fow disclosure: Cash paid for income taxes, net $ 10.417 11591 Cash paid for interest 3,022 2092
