APPLIED MATERIALS INC /DE (AMAT) FY2024 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2023-10-30 to 2024-04-28

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APPLIED MATERIALS INC /DE cash flow reconciliation, Oct 30, 2023 through Apr 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. 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: $3,717,000,000.00Net income → Operating adjustments reconciliation: $24,000,000.00Accounts receivable → Operating adjustments reconciliation: $387,000,000.00Share-based compensation → Operating adjustments reconciliation: $304,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $187,000,000.00Other current and non-current assets → Operating adjustments reconciliation: $152,000,000.00Inventories → Operating adjustments reconciliation: $34,000,000.00Other liabilities → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Contract liabilities: $364,000,000.00Operating adjustments reconciliation → Accounts payable and accrued expenses: $255,000,000.00Operating adjustments reconciliation → Other: $247,000,000.00Operating adjustments reconciliation → Deferred income taxes: $206,000,000.00Operating adjustments reconciliation → Income taxes payable: $17,000,000.00Proceeds from sales and maturities of investments → investing reconciliation: $1,113,000,000.00Net cash used in investing activities → investing reconciliation: $596,000,000.00investing reconciliation → Purchases of investments: $1,223,000,000.00investing reconciliation → Capital expenditures: $486,000,000.00Net cash used in financing activities → financing reconciliation: $2,179,000,000.00Proceeds from issuance of commercial paper → financing reconciliation: $200,000,000.00Proceeds from common stock issuances → financing reconciliation: $119,000,000.00financing reconciliation → Common stock repurchases: $1,520,000,000.00financing reconciliation → Payments of dividends to stockholders: $532,000,000.00financing reconciliation → Tax withholding payments for vested equity awards: $233,000,000.00financing reconciliation → Repayments of commercial paper: $200,000,000.00financing reconciliation → Repayments of principal on finance leases: $13,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $6,233,000,000.00Net cash from operating activities → Cash sources and uses: $3,717,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $7,175,000,000.00Cash sources and uses → Net cash used in investing activities: $596,000,000.00Cash sources and uses → Net cash used in financing activities: $2,179,000,000.00Net income: $3,741,000,000.00Net income+$3.74 BDepreciation and amortization: $187,000,000.00Depreciation & amortization+$187.00 MShare-based compensation: $304,000,000.00Stock-based compensation+$304.00 MDeferred income taxes: -$206,000,000.00Deferred tax balances−$206.00 MOther: -$247,000,000.00Other operating, net−$247.00 MAccounts receivable: $387,000,000.00Accounts receivable+$387.00 MInventories: $34,000,000.00Inventories+$34.00 MOther current and non-current assets: $152,000,000.00Other operating assets+$152.00 MAccounts payable and accrued expenses: -$255,000,000.00Payables & accrued liabilities−$255.00 MContract liabilities: -$364,000,000.00Deferred revenue−$364.00 MIncome taxes payable: -$17,000,000.00Income taxes payable−$17.00 MOther liabilities: $1,000,000.00Other operating liabilities+$1.00 MNet cash from operating activities: $3,717,000,000.00Operating cash+$3.72 BOperating adjustments reconciliation: $1,089,000,000.00Proceeds from issuance of commercial paper: $200,000,000.00Commercial paper issued+$200.00 MRepayments of commercial paper: -$200,000,000.00Commercial paper repaid−$200.00 MCommon stock repurchases: -$1,520,000,000.00Common stock repurchases−$1.52 BTax withholding payments for vested equity awards: -$233,000,000.00Stock-award tax withholding−$233.00 MPayments of dividends to stockholders: -$532,000,000.00Dividends paid−$532.00 MRepayments of principal on finance leases: -$13,000,000.00Repayments of principal on finance leases−$13.00 MProceeds from common stock issuances: $119,000,000.00Common stock issued+$119.00 MNet cash used in financing activities: -$2,179,000,000.00. Cash required to fund net payments.Financing cash−$2.18 Bfinancing reconciliation: $2,498,000,000.00Cash paid for acquisitions, net of cash acquired: $0.00Purchases of investments: -$1,223,000,000.00Investment purchases−$1.22 BProceeds from sales and maturities of investments: $1,113,000,000.00Other investment proceeds+$1.11 BCapital expenditures: -$486,000,000.00PP&E purchases−$486.00 MNet cash used in investing activities: -$596,000,000.00. Cash required to fund net payments.Investing cash−$596.00 Minvesting reconciliation: $1,709,000,000.00Cash sources and uses: $9,950,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $6,233,000,000.00Beginning cash$6.23 BEnding cash: Cash, cash equivalents, and restricted cash: $7,175,000,000.00Ending cash$7.18 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$3.23 BOperating cash − cash spent on PP&ECash flow / Net income0.99×Operating cash flow ÷ net incomeNet cash change+$942.00 MEnding cash − beginning cash
Chart details

APPLIED MATERIALS INC /DE cash flow reconciliation, Oct 30, 2023 through Apr 28, 2024

Cash flows for Oct 30, 2023 through Apr 28, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Oct 29, 2023. Ending cash: Apr 28, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Oct 29, 2023
6,233,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,717,000,000 US dollars. Net cash provided.
Net income
3,741,000,000 US dollars
Depreciation and amortization
187,000,000 US dollars
Share-based compensation
304,000,000 US dollars
Deferred income taxes
negative 206,000,000 US dollars
Other
negative 247,000,000 US dollars
Accounts receivable
387,000,000 US dollars
Inventories
34,000,000 US dollars
Other current and non-current assets
152,000,000 US dollars
Accounts payable and accrued expenses
negative 255,000,000 US dollars
Contract liabilities
negative 364,000,000 US dollars
Income taxes payable
negative 17,000,000 US dollars
Other liabilities
1,000,000 US dollars
Investing activities
negative 596,000,000 US dollars. Net cash used.
Cash paid for acquisitions, net of cash acquired
0 US dollars
Purchases of investments
negative 1,223,000,000 US dollars
Proceeds from sales and maturities of investments
1,113,000,000 US dollars
Capital expenditures
negative 486,000,000 US dollars
Financing activities
negative 2,179,000,000 US dollars. Net cash used.
Proceeds from issuance of commercial paper
200,000,000 US dollars
Repayments of commercial paper
negative 200,000,000 US dollars
Common stock repurchases
negative 1,520,000,000 US dollars
Tax withholding payments for vested equity awards
negative 233,000,000 US dollars
Payments of dividends to stockholders
negative 532,000,000 US dollars
Repayments of principal on finance leases
negative 13,000,000 US dollars
Proceeds from common stock issuances
119,000,000 US dollars
Operating adjustment reconciliation
1,089,000,000 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 gross reconciliation
2,498,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,709,000,000 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 Apr 28, 2024
7,175,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
9,950,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
942,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.99×. 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
3,717,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
486,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
3,231,000,000 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 exceeds operating cash. The diagram allocates $3.72B of net income directly to operating cash and $24.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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: 3,717,000,000 US dollars minus 486,000,000 US dollars equals 3,231,000,000 US dollars.
APPLIED MATERIALS INC /DE (AMAT) FY2024 YTD Q2 Statement of Cash Flows Sankey chart
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