626 Chapter 13 Statement of Cash Flows
Statement of Cash Flows (annotated)
For a Recent Fiscal YearNational
Semi- Texas
Intel conductor Instruments
Sales $ 34,209 $ 1,983 $12,580
Cash flows provided by (used for) operating
activities:
Net income $ 7,516.0 $ 282.8 $ 1,861.0
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation and amortization $ 4,889.0 $ 209.9 $ 1,549.0
Net loss on retirements and
impairments of property, plant,
and equipment 91.0 6.2
Other 139.0 36.0 69.0
Changes in assets and liabilities:
Marketable equity securities (468.0)
Accounts receivable (39.0) (50.4) (238.0)
Inventories (101.0) (62.5) (272.0)
Accounts payable 283.0 78.7 (71.0)
Accrued compensation and
benefits 295.0 235.0
Income taxes payable 378.0 13.6 59.0
Other assets and liabilities 136.0 (36.6) (46.0)
Total adjustments $ 5,603.0 $ 194.9 $ 1,285.0
Net cash provided by operating activities $13,119.0 $ 477.7 $ 3,146.0
Cash flows provided by (used for) investing
activities:
Additions to property, plant, and
equipment $ (3,843.0) $(215.3) $(1,298.0)
Acquisitions, net of cash acquired (53.0)
Purchases of available-for-sale
investments (16,618.0) (386.7) (3,674.0)
Maturities and sales of available-
for-sale investments 15,633.0 359.0 3,809.0
Other investing activities (151.0) (9.2) 2.0
Net cash used for investing activities $ (5,032.0) $(252.2) $(1,161.0)
Cash flows provided by (used for) financing
activities:
Repayments and retirement of debt $ (31.0) $ (2.1) $ (435.0)
Proceeds from sale of common stock 894.0 211.9 192.0
Repurchase and retirement of common stock (7,516.0) (542.5) (753.0)
Payment of dividends to stockholders (1,022.0) (154.0)
Other 24.0 (52.1) 15.0
Net cash used for financing activities $ (7,651.0) $(384.8) $(1,135.0)
Net increase (decrease) in cash and cash
equivalents $ 436.0 $(159.3) $ 850.0