Annual Data
Quarterly Data
The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Applied Materials Inc., consolidated cash flow statement (quarterly data)
US$ in millions
3 months ended:
Jul 26, 2020
Apr 26, 2020
Jan 26, 2020
Oct 27, 2019
Jul 28, 2019
Apr 28, 2019
Jan 27, 2019
Oct 28, 2018
Jul 29, 2018
Apr 29, 2018
Jan 28, 2018
Oct 29, 2017
Jul 30, 2017
Apr 30, 2017
Jan 29, 2017
Oct 30, 2016
Jul 31, 2016
May 1, 2016
Jan 31, 2016
Oct 25, 2015
Jul 26, 2015
Apr 26, 2015
Jan 25, 2015
Oct 26, 2014
Jul 27, 2014
Apr 27, 2014
Jan 26, 2014
Net income
841 755 892 698 571 666 771 876 1,173 1,129 135 982 925 824 703 610 505 320 286 336 329 364 348 256 301 262 253
Depreciation and amortization
94 91 94 92 89 94 88 120 110 108 119 105 102 103 97 100 97 96 96 96 93 90 92 94 93 94 94
Share-based compensation
70 71 93 66 67 65 65 65 64 64 65 58 55 53 54 51 48 48 54 46 46 47 48 45 44 42 46
Excess tax benefits from share-based compensation
— — — — — — — — — — — (4) (3) (4) (44) (5) (5) (3) (10) (2) (3) (12) (39) (4) (1) (7) (18)
Deferred income taxes
79 (11) 30 (8) 8 8 41 (18) 26 45 41 (17) (3) (16) 25 7 21 (22) 15 (159) 18 (21) 28 — — — —
Other
33 7 15 — (10) (10) 1 — (7) 11 — (24) 6 — 9 18 5 5 10 (11) 43 13 8 1 49 12 9
Accounts receivable
(179) 54 (146) (160) (107) 181 (121) 317 (217) (482) 156 (63) 124 (9) (89) (430) 63 (288) 113 261 (194) (218) 90 (32) (7) (105) 123
Inventories
(217) (254) 2 66 138 26 18 (41) (187) (369) (195) (54) (266) (328) (231) (24) (100) (90) (2) (94) (26) (72) (74) (21) 18 (32) (119)
Other current and non-current assets
(31) (13) (99) 7 (84) (85) 76 (95) 36 (112) 78 (43) (84) 12 (42) (22) (2) 68 (14) 28 145 (70) (77) (53) 13 53 13
Accounts payable and accrued expenses
161 88 (6) 90 72 (96) (313) (35) 114 225 (125) 92 197 114 (158) 191 171 168 (423) 41 (79) 61 (156) 154 (1) 32 (106)
Contract liabilities
55 (66) 64 (94) 37 37 155 — — — — — — — — — — — — — — — — — — — —
Customer deposits and deferred revenue
— — — — — — — (234) (380) (57) 353 (451) 329 118 293 212 183 131 85 (93) (16) 90 (156) (125) 66 98 107
Income taxes payable
(86) (60) 23 96 1 (94) 41 122 (96) 53 807 108 (30) 28 15 135 (6) 39 5 48 (28) (5) (39) 129 10 (17) 20
Other liabilities
47 (27) 25 (27) 5 8 12 — (3) (4) 32 10 14 3 14 (46) 1 9 (8) (26) 6 31 (13) (37) (1) 5 (50)
Changes in operating assets and liabilities
(250)
(278)
(137)
(22)
62
(23)
(132)
34
(733)
(746)
1,106
(401)
284
(62)
(198)
16
310
37
(244)
165
(192)
(183)
(425)
15
98
34
(12)
Adjustments required to reconcile net income to cash provided by operating activities
26
(120)
95
128
216
134
63
201
(540)
(518)
1,331
(283)
441
74
(57)
187
476
161
(79)
135
5
(66)
(288)
151
283
175
119
Cash provided by operating activities
867
635
987
826
787
800
834
1,077
633
611
1,466
699
1,366
898
646
797
981
481
207
471
334
298
60
407
584
437
372
Capital expenditures
(87) (71) (102) (97) (93) (118) (133) (165) (133) (121) (203) (124) (80) (77) (64) (88) (50) (47) (68) (53) (49) (64) (49) (63) (65) (65) (48)
Cash paid for acquisitions, net of cash acquired
(80) (27) — — (5) (23) — (1) — — (5) (12) (30) (26) — (11) 3 (8) — (2) (2) — — (12) — — —
Proceeds from sale of facilities
— — — — — — — — — — — — — — — — — — — — — — — 25 — — —
Proceeds from sales and maturities of investments
353 667 368 555 479 442 464 453 391 488 1,944 921 935 601 286 553 208 232 241 200 583 177 140 176 181 157 364
Purchases of investments
(178) (404) (428) (544) (543) (430) (397) (416) (932) (345) (384) (1,314) (1,174) (1,779) (589) (443) (483) (182) (282) (202) (616) (203) (141) (179) (308) (161) (163)
Cash (used in) provided by investing activities
8
165
(162)
(86)
(162)
(129)
(66)
(129)
(674)
22
1,352
(529)
(349)
(1,281)
(367)
11
(322)
(5)
(109)
(57)
(84)
(90)
(50)
(53)
(192)
(69)
153
Debt borrowings, net of issuance costs
1,481 1,498 — — — — — — — — — — — 2,176 — — — — — 2,581 — — — — — — —
Debt repayments
(2,882) — — — — — — — — — — — (205) — — — (2) — (1,205) — — — — — — — —
Proceeds from common stock issuances
— 76 15 72 — 73 — 68 — 56 — 50 1 46 — 44 — 42 2 45 1 42 — 40 1 56 10
Common stock repurchases
(200) (199) (200) (500) (528) (625) (750) (751) (1,250) (2,500) (782) (385) (375) (282) (130) (171) (196) (900) (625) (700) (625) — — — — — —
Tax withholding payments for vested equity awards
(3) (10) (153) (3) (3) (6) (74) (4) (6) (13) (141) — — — — — — — — — — — — — — — —
Excess tax benefits from share-based compensation
— — — — — — — — — — — 4 3 4 44 5 5 3 10 2 3 12 39 4 1 7 18
Payments of dividends to stockholders
(202) (193) (192) (194) (196) (189) (192) (195) (199) (105) (106) (107) (107) (108) (108) (108) (108) (113) (115) (119) (123) (123) (122) (122) (121) (122) (120)
Cash provided by (used in) financing activities
(1,806)
1,172
(530)
(625)
(727)
(747)
(1,016)
(882)
(1,455)
(2,562)
(1,029)
(438)
(683)
1,836
(194)
(230)
(301)
(968)
(1,933)
1,809
(744)
(69)
(83)
(78)
(119)
(59)
(92)
Effect of exchange rate changes on cash and cash equivalents
— — — — — — — — — — — — — — — — — — — — 1 (1) — — — — —
Increase (decrease) in cash, cash equivalents and restricted cash equivalents
(931)
1,972
295
115
(102)
(76)
(248)
66
(1,496)
(1,929)
1,789
(268)
334
1,453
85
578
358
(492)
(1,835)
2,223
(493)
138
(73)
276
273
309
433
Based on:
10-Q (filing date: 2020-08-20) 10-Q (filing date: 2020-05-21) 10-Q (filing date: 2020-02-20) 10-K (filing date: 2019-12-13) 10-Q (filing date: 2019-08-22) 10-Q (filing date: 2019-05-23) 10-Q (filing date: 2019-02-21) 10-K (filing date: 2018-12-13) 10-Q (filing date: 2018-08-23) 10-Q (filing date: 2018-05-24) 10-Q (filing date: 2018-02-22) 10-K (filing date: 2017-12-15) 10-Q (filing date: 2017-08-24) 10-Q (filing date: 2017-05-25) 10-Q (filing date: 2017-02-23) 10-K (filing date: 2016-12-15) 10-Q (filing date: 2016-08-25) 10-Q (filing date: 2016-05-26) 10-Q (filing date: 2016-02-25) 10-K (filing date: 2015-12-09) 10-Q (filing date: 2015-08-20) 10-Q (filing date: 2015-05-21) 10-Q (filing date: 2015-02-19) 10-K (filing date: 2014-12-17) 10-Q (filing date: 2014-08-21) 10-Q (filing date: 2014-05-22) 10-Q (filing date: 2014-02-20)
Cash flow statement item
Description
The company
Cash provided by operating activities
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
Applied Materials Inc.’s cash provided by operating activities decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 not reaching Q1 2020 level.
Cash (used in) provided by investing activities
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.
Applied Materials Inc.’s cash (used in) provided by investing activities increased from Q1 2020 to Q2 2020 but then slightly decreased from Q2 2020 to Q3 2020.
Cash provided by (used in) financing activities
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.
Applied Materials Inc.’s cash provided by (used in) financing activities increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
