APPLIED MATERIALS INC /DE (AMAT) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-04-29 to 2024-07-28

Swipe to see the full flow
APPLIED MATERIALS INC /DE cash flow reconciliation, Apr 29, 2024 through Jul 28, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,705,000,000.00Accounts payable and accrued expenses → Operating adjustments reconciliation: $235,000,000.00Other current and non-current assets → Operating adjustments reconciliation: $201,000,000.00Share-based compensation → Operating adjustments reconciliation: $132,000,000.00Contract liabilities → Operating adjustments reconciliation: $131,000,000.00Inventories → Operating adjustments reconciliation: $123,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $95,000,000.00Income taxes payable → Operating adjustments reconciliation: $63,000,000.00Other → Operating adjustments reconciliation: $48,000,000.00Other liabilities → Operating adjustments reconciliation: $23,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $680,000,000.00Operating adjustments reconciliation → Accounts receivable: $192,000,000.00Operating adjustments reconciliation → Deferred income taxes: $179,000,000.00Proceeds from sales and maturities of investments → investing reconciliation: $382,000,000.00Net cash used in investing activities → investing reconciliation: $660,000,000.00investing reconciliation → Purchases of investments: $745,000,000.00investing reconciliation → Capital expenditures: $297,000,000.00Net cash used in financing activities → financing reconciliation: $522,000,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $695,000,000.00Proceeds from issuance of commercial paper → financing reconciliation: $100,000,000.00financing reconciliation → Common stock repurchases: $861,000,000.00financing reconciliation → Payments of dividends to stockholders: $331,000,000.00financing reconciliation → Repayments of commercial paper: $100,000,000.00financing reconciliation → Tax withholding payments for vested equity awards: $25,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $7,175,000,000.00Net cash from operating activities → Cash sources and uses: $2,385,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $8,378,000,000.00Cash sources and uses → Net cash used in investing activities: $660,000,000.00Cash sources and uses → Net cash used in financing activities: $522,000,000.00Net income: $1,705,000,000.00Net income+$1.71 BDepreciation and amortization: $95,000,000.00Depreciation & amortization+$95.00 MShare-based compensation: $132,000,000.00Stock-based compensation+$132.00 MDeferred income taxes: -$179,000,000.00Deferred tax balances−$179.00 MOther: $48,000,000.00Other operating, net+$48.00 MAccounts receivable: -$192,000,000.00Accounts receivable−$192.00 MInventories: $123,000,000.00Inventories+$123.00 MOther current and non-current assets: $201,000,000.00Other operating assets+$201.00 MAccounts payable and accrued expenses: $235,000,000.00Payables & accrued liabilities+$235.00 MContract liabilities: $131,000,000.00Deferred revenue+$131.00 MIncome taxes payable: $63,000,000.00Income taxes payable+$63.00 MOther liabilities: $23,000,000.00Other operating liabilities+$23.00 MNet cash from operating activities: $2,385,000,000.00Operating cash+$2.39 BOperating adjustments reconciliation: $1,051,000,000.00Proceeds from issuance of commercial paper: $100,000,000.00Commercial paper issued+$100.00 MRepayments of commercial paper: -$100,000,000.00Commercial paper repaid−$100.00 MCommon stock repurchases: -$861,000,000.00Common stock repurchases−$861.00 MTax withholding payments for vested equity awards: -$25,000,000.00Stock-award tax withholding−$25.00 MPayments of dividends to stockholders: -$331,000,000.00Dividends paid−$331.00 MProceeds from common stock issuances: $0.00Remaining financing cash flows, net (calculated): $695,000,000.00Remaining financing (calculated)+$695.00 MNet cash used in financing activities: -$522,000,000.00. Cash required to fund net payments.Financing cash−$522.00 Mfinancing reconciliation: $1,317,000,000.00Cash paid for acquisitions, net of cash acquired: $0.00Purchases of investments: -$745,000,000.00Investment purchases−$745.00 MProceeds from sales and maturities of investments: $382,000,000.00Other investment proceeds+$382.00 MCapital expenditures: -$297,000,000.00PP&E purchases−$297.00 MNet cash used in investing activities: -$660,000,000.00. Cash required to fund net payments.Investing cash−$660.00 Minvesting reconciliation: $1,042,000,000.00Cash sources and uses: $9,560,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $7,175,000,000.00Beginning cash$7.18 BEnding cash: Cash, cash equivalents, and restricted cash: $8,378,000,000.00Ending cash$8.38 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$2.09 BOperating cash − cash spent on PP&ECash flow / Net income1.40×Operating cash flow ÷ net incomeNet cash change+$1.20 BEnding cash − beginning cash
Chart details

APPLIED MATERIALS INC /DE cash flow reconciliation, Apr 29, 2024 through Jul 28, 2024

Cash flows for Apr 29, 2024 through Jul 28, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Apr 28, 2024. Ending cash: Jul 28, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Apr 28, 2024
7,175,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,385,000,000 US dollars. Net cash provided.
Net income
1,705,000,000 US dollars
Depreciation and amortization
95,000,000 US dollars
Share-based compensation
132,000,000 US dollars
Deferred income taxes
negative 179,000,000 US dollars
Other
48,000,000 US dollars
Accounts receivable
negative 192,000,000 US dollars
Inventories
123,000,000 US dollars
Other current and non-current assets
201,000,000 US dollars
Accounts payable and accrued expenses
235,000,000 US dollars
Contract liabilities
131,000,000 US dollars
Income taxes payable
63,000,000 US dollars
Other liabilities
23,000,000 US dollars
Investing activities
negative 660,000,000 US dollars. Net cash used.
Cash paid for acquisitions, net of cash acquired
0 US dollars
Purchases of investments
negative 745,000,000 US dollars
Proceeds from sales and maturities of investments
382,000,000 US dollars
Capital expenditures
negative 297,000,000 US dollars
Financing activities
negative 522,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Repayments of principal on finance leases), so Repayments of principal on finance leases and Debt borrowings, net of issuance costs cannot be separated for this quarter. It may combine inflows and outflows.
Proceeds from issuance of commercial paper
100,000,000 US dollars
Repayments of commercial paper
negative 100,000,000 US dollars
Common stock repurchases
negative 861,000,000 US dollars
Tax withholding payments for vested equity awards
negative 25,000,000 US dollars
Payments of dividends to stockholders
negative 331,000,000 US dollars
Proceeds from common stock issuances
0 US dollars
Remaining financing cash flows, net (calculated)
695,000,000 US dollars
Operating adjustment reconciliation
1,051,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
1,317,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
1,042,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jul 28, 2024
8,378,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
9,560,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
1,203,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.40×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
2,385,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
297,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,088,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $680.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,385,000,000 US dollars minus 297,000,000 US dollars equals 2,088,000,000 US dollars.
APPLIED MATERIALS INC /DE (AMAT) FY2024 Q3 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!