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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 633 $ 4,220
Depreciation, amortization and other 2,799 1,796
Stock-based compensation expense 260 166
Deferred income taxes (784) (203)
Adjustments for equity method investments (39) (3)
Losses (gains) on equity securities 916 (1,169)
Other items, net (67) 5
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables, net 310 (240)
Inventories 1,528 (28)
Other assets (339) (69)
Accounts payable 666 (371)
Accrued income taxes, net (1,311) 471
Long-term tax liabilities (637) 196
Accrued liabilities (361) 351
Accrued sales incentives and allowance (393) 173
Other liabilities (33) (122)
Net cash provided by operating activities 3,148 5,173
Cash flows from investing activities:    
Proceeds from sales of marketable securities 0 1,125
Proceeds from maturities of marketable securities 0 550
Purchases of property, plant and equipment (468) (615)
Other 34 87
Net cash (used in) provided by investing activities (434) 1,147
Cash flows from financing activities:    
Net proceeds from issuance of debt 0 23,780
Extinguishment of debt (410) (420)
Repayment of debt (1,400) (704)
Dividends paid (2,417) (2,276)
Other (130) (81)
Net cash (used in) provided by financing activities (4,357) 20,299
(Decrease) increase in cash and cash equivalents (1,643) 26,619
Cash and cash equivalents at beginning of period 10,944 7,629
Cash and cash equivalents at end of period $ 9,301 $ 34,248