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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income $ 786.8 $ 683.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and loss on disposal of property, plant, and equipment 180.0 157.5
Amortization of intangible assets 10.0 12.3
Gain on sale of business 0.0 (3.8)
Loss on investments, accretion of discounts, and amortization of premiums on investments, net 14.4 33.8
Deferred income taxes (17.7) (40.1)
Share-based compensation expense 286.3 247.5
Amortization of contract acquisition assets 14.9 13.6
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 39.3 (56.0)
Inventory (288.6) (245.5)
Prepaids and other assets (13.8) (90.1)
Accounts payable 36.5 12.4
Accrued compensation and employee benefits (55.0) (71.5)
Deferred revenue 12.2 (3.1)
Other liabilities 31.8 19.7
Net cash provided by operating activities 1,037.1 669.7
Investing activities:    
Purchase of investments (14.0) (1,376.2)
Proceeds from sales of investments 37.5 0.0
Proceeds from maturities of investments 1,486.9 1,865.1
Purchase of property, plant, and equipment (372.4) (224.1)
Acquisition of businesses, net of cash, and intellectual property and other investing activities (7.3) (13.3)
Net cash provided by investing activities 1,130.7 251.5
Financing activities:    
Proceeds from issuance of common stock relating to employee stock plans 174.8 106.6
Taxes paid related to net share settlement of equity awards (140.6) (179.0)
Repurchase of common stock (350.0) (606.6)
Payment of deferred purchase consideration (2.1) (3.0)
Net cash used in financing activities (317.9) (682.0)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 7.0 6.0
Net increase in cash, cash equivalents, and restricted cash 1,856.9 245.2
Cash, cash equivalents, and restricted cash, beginning of period 1,600.7 1,306.0
Cash, cash equivalents, and restricted cash, end of period $ 3,457.6 $ 1,551.2