XML 120 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net Income $ 1,664 $ 1,268
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 318 276
Stock-based compensation 166 143
Deferred income taxes 9 (10)
Asset impairment and abandonment-related charges 15 12
Provision for credit losses on accounts receivable 14 15
Gain on previously held equity method investments (7) 0
Changes in assets and liabilities:    
Accounts receivable (43) 112
Other current assets 25 151
Other assets (1) (31)
Lease obligations (24) (16)
Accounts payable and accrued liabilities 45 (61)
Deferred revenue (51) (35)
Uncertain tax positions and other non-current tax liabilities 12 (114)
Other liabilities 22 (36)
Net cash provided by operating activities 2,164 1,674
Cash flows from investing activities    
Capital additions (243) (198)
Purchases of investments (623) (105)
Sales and maturities of investments 105 115
Purchases of investments in non-consolidated affiliates (4) (3)
Sales of investments in non-consolidated affiliates 0 1
Cash paid for acquisitions, net of cash acquired (110) (3)
Net cash used in investing activities (875) (193)
Cash flows from financing activities    
Repayment of notes 0 (500)
Issuance of notes 496 0
Proceeds from stock-based compensation plans 60 40
Treasury shares (812) (278)
Repurchase of shares related to stock-based compensation (85) (67)
Dividends (465) (424)
Dividends to noncontrolling interests (1) (2)
Debt issuance costs and related fees (5) 0
Net cash used in financing activities (812) (1,231)
Effect of exchange rate changes on cash and cash equivalents 35 (13)
Increase in cash and cash equivalents 512 237
Cash and cash equivalents, beginning of period 2,130 1,769
Cash and cash equivalents, end of period $ 2,642 $ 2,006