XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net income $ 7,616 $ 7,957
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,091 7,315
Share-based compensation 689 668
Noncash interest expense (income), net 218 140
Net (gain) loss on investment activity and other 391 (354)
Deferred income taxes 240 296
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Current and noncurrent receivables, net 750 (92)
Film and television costs, net 23 58
Accounts payable and accrued expenses related to trade creditors (648) (718)
Other operating assets and liabilities (3,798) (843)
Net cash provided by operating activities 12,572 14,426
Investing Activities    
Capital expenditures (5,354) (5,627)
Cash paid for intangible assets (1,341) (1,577)
Construction of Universal Beijing Resort (109) (104)
Proceeds from sales of businesses and investments 557 369
Purchases of investments (706) (593)
Other 73 6
Net cash provided by (used in) investing activities (6,879) (7,528)
Financing Activities    
Proceeds from (repayments of) short-term borrowings, net 0 (660)
Proceeds from borrowings 3,266 6,044
Repurchases and repayments of debt (1,911) (3,001)
Repurchases of common stock under repurchase program and employee plans (4,930) (4,227)
Dividends paid (2,418) (2,387)
Other 175 (260)
Net cash provided by (used in) financing activities (5,817) (4,492)
Impact of foreign currency on cash, cash equivalents and restricted cash (17) 14
Increase (decrease) in cash, cash equivalents and restricted cash (141) 2,420
Cash, cash equivalents and restricted cash, beginning of period 6,282 4,782
Cash, cash equivalents and restricted cash, end of period $ 6,141 $ 7,202