v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jul. 27, 2025
Jul. 28, 2024
Cash flows from operating activities:    
Net income $ 45,197 $ 31,480
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 3,099 2,164
Depreciation and amortization 1,280 843
Deferred income taxes (2,160) (3,276)
Gains on non-marketable equity securities and publicly-held equity securities, net (2,073) (264)
Other (196) (288)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (4,743) (4,133)
Inventories (4,880) (1,380)
Prepaid expenses and other assets 946 (12)
Accounts payable 2,255 801
Accrued and other current liabilities 3,075 3,314
Other long-term liabilities 979 584
Net cash provided by operating activities 42,779 29,833
Cash flows from investing activities:    
Proceeds from maturities of marketable securities 6,252 8,098
Proceeds from sales of marketable securities 487 164
Proceeds from sales of non-marketable equity securities 70 105
Purchases of marketable securities (14,358) (15,047)
Purchases related to property and equipment and intangible assets (3,122) (1,346)
Purchases of non-marketable equity securities (995) (534)
Acquisitions, net of cash acquired (677) (317)
Net cash used in investing activities (12,343) (8,877)
Cash flows from financing activities:    
Proceeds related to employee stock plans 370 285
Payments related to repurchases of common stock (23,815) (14,898)
Payments related to employee stock plan taxes (3,380) (3,389)
Dividends paid (488) (344)
Principal payments on property and equipment and intangible assets (73) (69)
Repayment of debt 0 (1,250)
Net cash used in financing activities (27,386) (19,665)
Change in cash and cash equivalents 3,050 1,291
Cash and cash equivalents at beginning of period 8,589 7,280
Cash and cash equivalents at end of period 11,639 8,571
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net $ 8,451 $ 7,449