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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income $ 1,649.5 $ 1,206.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and loss on disposal of property, plant, and equipment 323.7 283.5
Amortization of intangible assets 13.6 15.1
Loss (gain) on investments, accretion of discounts, and amortization of premiums on investments, net (38.2) 14.7
Deferred income taxes (104.5) (61.0)
Share-based compensation expense 499.8 442.4
Amortization of contract acquisition assets 27.0 22.6
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (21.8) (19.7)
Inventory (650.9) (528.2)
Prepaids and other assets (79.6) 37.5
Accounts payable 21.2 27.7
Accrued compensation and employee benefits (58.9) (26.8)
Deferred revenue (6.1) (1.0)
Other liabilities 17.6 172.1
Net cash provided by operating activities 1,592.4 1,585.5
Investing activities:    
Purchase of investments (3,709.6) (820.2)
Proceeds from sales of investments 100.2 47.7
Proceeds from maturities of investments 2,400.0 2,092.4
Purchase of property, plant, and equipment (799.2) (628.7)
Acquisition of businesses, net of cash, and intellectual property and other investing activities 0.0 (7.1)
Net cash provided by (used in) investing activities (2,008.6) 684.1
Financing activities:    
Proceeds from issuance of common stock relating to employee stock plans 367.5 252.2
Taxes paid related to net share settlement of equity awards (257.5) (155.4)
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) (2.9)
Net cash provided by (used in) financing activities 101.5 (256.1)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (9.1) 8.7
Net increase (decrease) in cash, cash equivalents, and restricted cash (323.8) 2,022.2
Cash, cash equivalents, and restricted cash, beginning of period 2,770.1 1,600.7
Cash, cash equivalents, and restricted cash, end of period $ 2,446.3 $ 3,622.9