Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Statement of Cash Flows [Abstract]    
Cash and cash equivalents, beginning of period $ 7,079 $ 11,144
Cash flows provided by (used for) operating activities:    
Net income (loss) (437) (2,768)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 2,200 1,901
Share-based compensation 1,179 739
Restructuring and other charges 348 55
Amortization of intangibles 351 465
(Gains) losses on equity investments, net (208) (167)
Changes in assets and liabilities:    
Accounts receivable 80 286
Inventories (366) 231
Accounts payable (386) (771)
Accrued compensation and benefits (1,289) (1,560)
Income taxes (591) 1,344
Other assets and liabilities (2,104) (1,540)
Total adjustments (786) 983
Net cash provided by operating activities (1,223) (1,785)
Cash flows provided by (used for) investing activities:    
Additions to property, plant and equipment (5,970) (7,413)
Proceeds from capital-related government incentives 592 0
Purchases of short-term investments (6,460) (16,132)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale 9,598 14,173
Other investing (323) 851
Net cash used for investing activities (2,563) (8,521)
Cash flows provided by (used for) financing activities:    
Issuance of commercial paper, net of issuance costs 793 0
Repayment of commercial paper 0 (2,930)
Payments on finance leases 0 (15)
Partner contributions 423 449
Issuance of long-term debt, net of issuance costs 2,537 10,968
Proceeds from sales of common stock through employee equity incentive plans 626 659
Payment of dividends to stockholders (529) (1,512)
Other financing (220) (225)
Net cash provided by (used for) financing activities 3,630 7,394
Net increase (decrease) in cash and cash equivalents (156) (2,912)
Cash and cash equivalents, end of period 6,923 8,232
Supplemental disclosures:    
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities 5,167 4,711
Interest, net of capitalized interest 540 239
Income taxes, net of refunds $ 315 $ 267