Refer to P2-5.
Apple Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a variety of related software and services. The following is Apple's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September).

Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2015):
a. Borrowed $18,266 from banks due in two years.
b. Purchased additional investments for $21,000 cash; one-fifth were long term and the rest were short term.
c. Purchased property, plant, and equipment; paid $9,571 in cash and signed a short-term note for $1,410.
d. Issued additional shares of common stock for $1,469 in cash; total par value was $1 and the rest was in excess of par value.
e. Sold short-term investments costing $18,810 for $18,810 cash.
f. Declared $11,126 in dividends to be paid at the beginning of the next fiscal year.
Required:
For each of the activities (a)-(f), indicate whether the activity is investing (I) or financing (F) and the direction and amount of the effect on cash flows (+ for increases; - for decreases). If the activity does not affect the statement of cash flows, indicate no effect (NE).

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APPLE INC Consolidated Balance Sheet September 27, 2014 (dollars in millions) ASSET Current assets: S 13,844 11,233 17,460 2,111 23.883 68,531 130,162 20,624 12,522 $231,839 Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: s 30,196 18,453 8,491 6,308 63,448 28,987 27,857 120,292 Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Shareholders' equity Common stock ($0.00001 par value) Additional paid-in capital Retained earnings 23,312 88,234 111,547 $231,839 Total shareholders' equity Total liabilities and shareholders' equity