ILLUMINA INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
ILMN$214.91-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three Months Ended | ||
|---|---|---|
| March 31,2024 | April 2,2023 | |
| Cash flows from operating activities: | ||
| Net (loss) income | $(126) | $3 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||
| Depreciation expense | 59 | 57 |
| Amortization of intangible assets | 49 | 50 |
| Share-based compensation expense | 96 | 93 |
| Deferred income taxes | (24) | (17) |
| Property and equipment and right-of-use asset impairment | 32 | — |
| Net (gains) losses on strategic investments | (5) | 16 |
| Gain on Helix contingent value right | (3) | (3) |
| Change in fair value of contingent consideration liabilities | 16 | (1) |
| Other | 9 | 7 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 90 | 1 |
| Inventory | 4 | (18) |
| Prepaid expenses and other current assets | (23) | (17) |
| Operating lease right-of-use assets and liabilities, net | (7) | (5) |
| Other assets | (6) | 2 |
| Accounts payable | (37) | (46) |
| Accrued liabilities | (53) | (123) |
| Other long-term liabilities | 6 | 11 |
| Net cash provided by operating activities | 77 | 10 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (36) | (52) |
| Purchases of strategic investments | (12) | (3) |
| Cash paid for intangible asset | — | (1) |
| Net cash used in investing activities | (48) | (56) |
| Cash flows from financing activities: | ||
| Debt issuance costs paid for credit facility | — | (1) |
| Payments on financing obligations | — | (500) |
| Taxes paid related to net share settlement of equity awards | (1) | (9) |
| Proceeds from issuance of common stock | 36 | 37 |
| Net cash provided by (used in) financing activities | 35 | (473) |
| Effect of exchange rate changes on cash and cash equivalents | (4) | 2 |
| Net increase (decrease) in cash and cash equivalents | 60 | (517) |
| Cash and cash equivalents at beginning of period | 1,048 | 2,011 |
| Cash and cash equivalents at end of period | $1,108 | $1,494 |
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