Answered step by step
Verified Expert Solution
Question
1 Approved Answer
what was the amount of depreciation and amorization expense for each of the of the three years 2012-2014? CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions)
what was the amount of depreciation and amorization expense for each of the of the three years 2012-2014?
CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Years ended September 27, September 28 September 29, 2014 2013 2012 14,259 10,746 9,815 Cash and cash equivalents, beginning of the year Operating activities 37,037 Net income 39.510 41,733 Adjustments to reconcile net income to cash generated by operating activities: Depreciation and amortization 7,946 6.757 3,277 Share-based compensation expense 2,253 1,740 Deferred income tax expense 2,347 1.141 4,405 Changes in operating assets and liabilities: Accounts receivable, net (4,232) (2,172) (5,551) (150 Vendor non-trade receivables 223 (1,414) Other current and non-current assets 167 1.080 (3,162) 4,467 Accounts payable 2.340 Deferred revenue 1,460 1.459 2,824 Other current and non-current liabilities 6.010 4.521 2,552 Cash generatedby operatingactivities 59,713 53.666 50,856 Investing activities: (217,128) (148,489) (151,232) Purchases of marketable securities Proceeds from maturities of marketable securities 18,810 20,317 13,035 Proceeds from sales of marketable securities 189,301 104.130 99,770 Payments made in connection with business acquisitions, net (3,765) (4960 (8.165) Payments for acquisition of property, plant and equipment (9,571) Payments for acquisition of intangible assets (2420 (011) (1,107) 16 (160) Cash used in investing activities (22,579) (33,774) (48,227) Financing activities: Proceeds from issuance of common stock 530 Excess tax benefits from equity awards 701 1,351 Taxes paid related to net share settlement of equity awards (1,158) (1,082) (1,226) Dividends and dividend equivalents paid (11,126 Roni hasonfrnmmon stork 122 RAN. Business Decision MakingStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started