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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net income $ 1,078.9 $ 786.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and loss on disposal of property, plant, and equipment 211.0 180.0
Amortization of intangible assets 10.1 10.0
Loss (gain) on investments, accretion of discounts, and amortization of premiums on investments, net (25.9) 14.4
Deferred income taxes (39.8) (17.7)
Share-based compensation expense 326.9 286.3
Amortization of contract acquisition assets 17.6 14.9
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 21.0 39.3
Inventory (389.4) (288.6)
Prepaids and other assets (111.7) (13.8)
Accounts payable (1.6) 36.5
Accrued compensation and employee benefits (115.1) (55.0)
Deferred revenue (14.3) 12.2
Other liabilities (81.8) 31.8
Net cash provided by operating activities 885.9 1,037.1
Investing activities:    
Purchase of investments (1,789.4) (14.0)
Proceeds from sales of investments 100.2 37.5
Proceeds from maturities of investments 1,644.9 1,486.9
Purchase of property, plant, and equipment (551.3) (372.4)
Acquisition of businesses, net of cash, and intellectual property and other investing activities 0.0 (7.3)
Net cash provided by (used in) investing activities (595.6) 1,130.7
Financing activities:    
Proceeds from issuance of common stock relating to employee stock plans 251.9 174.8
Taxes paid related to net share settlement of equity awards (240.1) (140.6)
Repurchase of common stock 0.0 (350.0)
Cash dividends paid by joint venture to noncontrolling interest (8.0) 0.0
Payment of deferred purchase consideration (0.5) (2.1)
Net cash provided by (used in) financing activities 3.3 (317.9)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 3.1 7.0
Net increase in cash, cash equivalents, and restricted cash 296.7 1,856.9
Cash, cash equivalents, and restricted cash, beginning of period 2,770.1 1,600.7
Cash, cash equivalents, and restricted cash, end of period $ 3,066.8 $ 3,457.6