Intel 2001 Annual Report Download - page 45

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See accompanying notes.
Consolidated statements of stockholders' equity
Inventories
24
(731
)
169
Accounts payable
(673
)
978
79
Accrued compensation and benefits
(524
)
231
127
Income taxes payable
(270
)
(362
)
726
Other assets and liabilities
(1,017
)
558
52
Total adjustments
7,363
2,292
4,820
Net cash provided by operating activities
8,654
12,827
12,134
Cash flows provided by (used for) investing activities:
Additions to property, plant and equipment
(7,309
)
(6,674
)
(3,403
)
Acquisitions, net of cash acquired
(883
)
(2,317
)
(2,979
)
Purchases of available
-
for
-
sale investments
(7,141
)
(17,188
)
(7,055
)
Maturities and sales of available
-
for
-
sale investments
15,398
17,124
7,987
Other investing activities
(260
)
(980
)
(799
)
Net cash used for investing activities
(195
)
(10,035
)
(6,249
)
Cash flows provided by (used for) financing activities:
Increase in short-term debt, net
23
138
69
Additions to long-term debt
306
77
118
Repayment and retirement of long-term debt
(10
)
(46
) —
Proceeds from sales of shares through employee stock plans and other
762
797
543
Proceeds from sales of put warrants
—
—
20
Repurchase and retirement of common stock
(4,008
)
(4,007
)
(4,612
)
Payment of dividends to stockholders
(538
)
(470
)
(366
)
Net cash used for financing activities
(3,465
)
(3,511
)
(4,228
)
Net increase (decrease) in cash and cash equivalents
4,994
(719
)
1,657
Cash and cash equivalents, end of year $
7,970
$
2,976
$
3,695
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest
$
53
$
43
$
40
Income taxes $
1,208
$
4,209
$
2,899
Common stock and
capital in excess
of par value
Acquisition-
related
unearned
stock compensation
Accumulated
other
comprehensive
income
Three years ended December 29, 2001
(In millions—except per share amounts)
Number of
shares
Amount
Retained
earnings
Total
Balance at December 26, 1998
6,631
$
4,822
$ —
$
603
$
17,952
$
23,377
Components of comprehensive income:
Net income
—
—
—
—
7,314
7,314
Change in net unrealized gain on available-for-sale investments,
net of tax — — —
3,188
—
3,188
Total comprehensive income
10,502
Proceeds from sales of shares through employee stock plans, tax
benefit of $506 and other
112
1,049
— — —
1,049
Proceeds from sales of put warrants —
20
— — —
20
Reclassification of put warrant obligation, net
—
7
—
—
64
71
Repurchase and retirement of common stock
(143
)
(1,076
) — — (
3,536
)
(4,612
)
Issuance of common stock and assumption of stock options in