10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BROADCOM INC. | |||
Ticker: AVGO Fiscal Year: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Nov 3, 2019 10-K (Filed: Dec 20, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Nov 3, 2019 | Nov 4, 2018 | Oct 29, 2017 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,724 | 12,610 | 1,784 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Amortization of intangible assets | 5,239 | 3,566 | 4,286 |
| Depreciation | 569 | 515 | 451 |
| Stock-based compensation | 2,185 | 1,227 | 921 |
| Deferred taxes and other non-cash taxes | (934) | (8,270) | (173) |
| Impairment on investment | 0 | 106 | 0 |
| Non-cash portion of debt extinguishment loss | 0 | 0 | 166 |
| Non-cash restructuring, impairment and disposal charges | 133 | 21 | 71 |
| Non-cash interest expense | 90 | 24 | 24 |
| Other | (125) | 37 | 7 |
| Changes in assets and liabilities, net of acquisitions and disposals: | |||
| Trade accounts receivable, net | 486 | (652) | (267) |
| Inventory | 250 | 417 | (39) |
| Accounts payable | (42) | (325) | (97) |
| Employee compensation and benefits | (294) | 6 | 109 |
| Contributions to defined benefit pension plans | 0 | (130) | (361) |
| Other current assets and current liabilities | (283) | 369 | (490) |
| Other long-term assets and long-term liabilities | (301) | (641) | 159 |
| Net cash provided by operating activities | 9,697 | 8,880 | 6,551 |
| Cash flows from investing activities: | |||
| Acquisitions of businesses, net of cash acquired | (16,033) | (4,800) | (40) |
| Proceeds from sales of businesses | 957 | 773 | 10 |
| Purchases of property, plant and equipment | (432) | (635) | (1,069) |
| Proceeds from disposals of property, plant and equipment | 88 | 239 | 441 |
| Purchases of investments | (5) | (249) | (207) |
| Proceeds from sales and maturities of investments | 5 | 54 | 200 |
| Other | (2) | (56) | (9) |
| Net cash used in investing activities | (15,422) | (4,674) | (674) |
| Cash flows from financing activities: | |||
| Proceeds from long-term borrowings | 28,793 | 0 | 17,426 |
| Repayment of debt | (16,800) | (973) | (13,668) |
| Other borrowings | 1,241 | 0 | 0 |
| Dividend and distribution payments on common stock and exchangeable limited partnership units | (4,235) | (2,998) | (1,745) |
| Repurchases of common stock - repurchase program | (5,435) | (7,258) | 0 |
| Shares repurchased for tax withholdings on vesting of equity awards | (972) | (56) | 0 |
| Issuance of preferred stock, net | 3,679 | 0 | 0 |
| Issuance of common stock | 253 | 212 | 257 |
| Other | (36) | (45) | (40) |
| Net cash provided by (used in) financing activities | 6,488 | (11,118) | 2,230 |
| Net change in cash and cash equivalents | 763 | (6,912) | 8,107 |
| Cash and cash equivalents at beginning of period | 4,292 | 11,204 | |
| Cash and cash equivalents at end of period | 5,055 | 4,292 | 11,204 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid for interest | 1,287 | 547 | 310 |
| Cash paid for income taxes | 741 | 512 | 349 |
| External Links | |
| BROADCOM INC. (AVGO) Fiscal Year 2019 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |