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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Oct 30, 2022 10-K (Filed: Dec 16, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | |
| Cash flows from operating activities: | |||
| Net income | $ 11,495 | 6,736 | 2,960 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Amortization of intangible and right-of-use assets | 4,455 | 5,502 | 6,335 |
| Depreciation | 529 | 539 | 570 |
| Stock-based compensation | 1,533 | 1,704 | 1,976 |
| Deferred taxes and other non-cash taxes | (34) | (809) | (1,142) |
| Loss on debt extinguishment | 100 | 198 | 169 |
| Non-cash restructuring, impairment and disposal charges | 13 | 38 | 44 |
| Non-cash interest expense | 129 | 96 | 108 |
| Other | 170 | (113) | (52) |
| Changes in assets and liabilities, net of acquisitions and disposals: | |||
| Trade accounts receivable, net | (870) | 210 | 981 |
| Inventory | (627) | (294) | (31) |
| Accounts payable | (79) | 243 | (3) |
| Employee compensation and benefits | 136 | 186 | 217 |
| Other current assets and current liabilities | 222 | (177) | 331 |
| Other long-term assets and long-term liabilities | (436) | (295) | (402) |
| Net cash provided by operating activities | 16,736 | 13,764 | 12,061 |
| Cash flows from investing activities: | |||
| Acquisitions of businesses, net of cash acquired | (246) | (8) | (10,872) |
| Proceeds from sales of businesses | 0 | 45 | 218 |
| Purchases of property, plant and equipment | (424) | (443) | (463) |
| Purchases of investments | 200 | 0 | 0 |
| Sales of investments | 200 | 169 | 0 |
| Other | 3 | (8) | 8 |
| Net cash used in investing activities | (667) | (245) | (11,109) |
| Cash flows from financing activities: | |||
| Proceeds from long-term borrowings | 1,935 | 9,904 | 27,802 |
| Payments on debt obligations | (2,361) | (11,495) | (18,814) |
| Other borrowings, net | 0 | 0 | (1,285) |
| Payments of dividends | (7,032) | (6,212) | (5,534) |
| Repurchases of common stock - repurchase program | (7,000) | 0 | 0 |
| Shares repurchased for tax withholdings on vesting of equity awards | (1,455) | (1,299) | (765) |
| Issuance of common stock | 114 | 170 | 276 |
| Other | (17) | (42) | (69) |
| Net cash provided by (used in) financing activities | (15,816) | (8,974) | 1,611 |
| Net change in cash and cash equivalents | 253 | 4,545 | 2,563 |
| Cash and cash equivalents at beginning of period | 12,163 | 7,618 | |
| Cash and cash equivalents at end of period | 12,416 | 12,163 | 7,618 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid for interest | 1,386 | 1,565 | 1,408 |
| Cash paid for income taxes | 908 | 775 | 501 |
| External Links | |
| BROADCOM INC. (AVGO) Fiscal Year 2022 | |
| 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 |