Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results and Quarterly Dividends

 

BROADCOM INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED

(IN MILLIONS)



















Fiscal Quarter Ended


Fiscal Year Ended



October 31,


August 1,


November 1,


October 31,


November 1,



2021


2021


2020


2021


2020

Cash flows from operating activities:
















Net income


$

1,989


$

1,876


$

1,324


$

6,736


$

2,960

Adjustments to reconcile net income to net cash provided by operating activities:















Amortization of intangible and right-of-use assets



1,367



1,369



1,589



5,502



6,335

Depreciation



134



134



139



539



570

Stock-based compensation



414



421



449



1,704



1,976

Deferred taxes and other non-cash taxes



(47)



(436)



(459)



(809)



(1,142)

Loss on debt extinguishment



-



-



16



198



169

(Gains) losses on investments



(9)



4



-



(99)



-

Non-cash restructuring, impairment and disposal charges



3



8



12



38



44

Non-cash interest expense



29



24



25



96



108

Other



(6)



-



(9)



(14)



(52)

Changes in assets and liabilities, net of acquisitions and disposals:
















  Trade accounts receivable, net



160



191



391



210



981

  Inventory



(137)



(156)



67



(294)



(31)

  Accounts payable



101



156



(230)



243



(3)

  Employee compensation and benefits



172



254



142



186



217

  Other current assets and current liabilities



(540)



(227)



(131)



(177)



331

  Other long-term assets and long-term liabilities



(89)



(77)



23



(295)



(402)

Net cash provided by operating activities



3,541



3,541



3,348



13,764



12,061

















Cash flows from investing activities:
















Acquisitions of businesses, net of cash acquired



-



-



-



(8)



(10,872)

Proceeds from sales of businesses



45



-



-



45



218

Purchases of property, plant and equipment



(88)



(115)



(102)



(443)



(463)

Proceeds from disposals of property, plant and equipment



-



1



2



4



12

Proceeds from sales of investments



102



67



-



169



-

Other



(9)



-



-



(12)



(4)

Net cash provided by (used in) investing activities



50



(47)



(100)



(245)



(11,109)

















Cash flows from financing activities:
















Proceeds from long-term borrowings



-



-



-



9,904



27,802

Payments on debt obligations



(762)



-



(3,000)



(11,495)



(18,814)

Other borrowings, net



-



-



-



-



(1,285)

Payments of dividends



(1,561)



(1,556)



(1,395)



(6,212)



(5,534)

Shares repurchased for tax withholdings on vesting of equity awards



(266)



(347)



(185)



(1,299)



(765)

Issuance of common stock



57



7



102



170



276

Other



(1)



(11)



(9)



(42)



(69)

Net cash provided by (used in) financing activities



(2,533)



(1,907)



(4,487)



(8,974)



1,611

















Net change in cash and cash equivalents



1,058



1,587



(1,239)



4,545



2,563

Cash and cash equivalents at beginning of period



11,105



9,518



8,857



7,618



5,055

Cash and cash equivalents at end of period


$

12,163


$

11,105


$

7,618


$

12,163


$

7,618

















Supplemental disclosure of cash flow information:
















Cash paid for interest


$

571


$

253


$

383


$

1,565


$

1,408

Cash paid for income taxes


$

168


$

167


$

202


$

775


$

501


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise