Calculate the operating cash index for the below quarter.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Calculate the operating cash index for the below quarter.
Consolidated Condensed Statements of Cash Flows
(In Millions; Unaudited)
Cash and cash equivalents, beginning of period
Cash flows provided by (used for) operating activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
Share-based compensation
Restructuring and other charges
Amortization of intangibles
(Gains) losses on equity investments, net
Changes in assets and liabilities:
Accounts receivable
Inventories
Acco payable
Accrued compensation and benefits
Prepaid supply agreements
Income taxes
Other assets and liabilities
Total adjustments
Net cash provided by operating activities
Three Months Ended
Mar 27, 2021 Mar 28, 2020
$
5,865 $
4,194
3,361
2,454
425
2,209
448
(299)
(426)
180
303
(1,283)
(1,566)
383
(641)
2,187
5,548
5,661
2,623
449
162
427
134
(796)
(548)
117
(1,605)
(87)
753
(1,132)
497
6,158
Transcribed Image Text:Consolidated Condensed Statements of Cash Flows (In Millions; Unaudited) Cash and cash equivalents, beginning of period Cash flows provided by (used for) operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Share-based compensation Restructuring and other charges Amortization of intangibles (Gains) losses on equity investments, net Changes in assets and liabilities: Accounts receivable Inventories Acco payable Accrued compensation and benefits Prepaid supply agreements Income taxes Other assets and liabilities Total adjustments Net cash provided by operating activities Three Months Ended Mar 27, 2021 Mar 28, 2020 $ 5,865 $ 4,194 3,361 2,454 425 2,209 448 (299) (426) 180 303 (1,283) (1,566) 383 (641) 2,187 5,548 5,661 2,623 449 162 427 134 (796) (548) 117 (1,605) (87) 753 (1,132) 497 6,158
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