Reading Apple Inc.s Statement of Cash Flows

The following items appeared in the Investing Activities section of Apple Inc.s statement of cash flows included in Form 10-K for the year ended September 26, 2015. (All amounts are in millions of dollars.)

	2015	2014	2013
Purchases of marketable securities	$(166,402)	$(217,128)	$(148,489)
Proceeds from maturities of marketable securities	14,538	18,810	20,317
Proceeds from sales of marketable securities	107,447	189,301	104,130

Required:

1. What amount did Apple spend in 2015 to purchase marketable securities? $fill in the blank 1 million

How does this amount compare to the amounts spent in the two prior years?

This was $fill in the blank 2 million than it spent in 2014.

This was $fill in the blank 4 million than it spent in 2013.

2. What amount did Apple receive from marketable securities that matured in 2015? $fill in the blank 6 million

How does this amount compare to the amounts received in the two prior years?

This was $fill in the blank 7 million than it received in 2014.

This was $fill in the blank 9 million than it received in 2013.

3. Which of the following statement is incorrect?