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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES    
Net income $ 280 $ 402
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, accretion and impairment 80 88
Stock-based compensation 143 130
Change in assets and liabilities:    
Receivables, net 132 167
Other assets 58 96
Accounts payable (11) (18)
Accrued and other liabilities (147) (92)
Deferred income taxes, net (13) (93)
Deferred net revenue (online-enabled games) (402) (321)
Net cash provided by operating activities 120 359
INVESTING ACTIVITIES    
Capital expenditures (67) (45)
Proceeds from maturities and sales of short-term investments 128 151
Purchase of short-term investments (130) (150)
Net cash used in investing activities (69) (44)
FINANCING ACTIVITIES    
Cash dividends paid (50) (52)
Cash paid to taxing authorities for shares withheld from employees (121) (105)
Common stock repurchases (375) (325)
Net cash used in financing activities (546) (482)
Effect of foreign exchange on cash and cash equivalents (5) 2
Increase (decrease) in cash and cash equivalents (500) (165)
Beginning cash and cash equivalents 2,900 2,424
Ending cash and cash equivalents 2,400 2,259
Supplemental cash flow information:    
Cash paid during the period for income taxes, net 23 23
Non-cash investing activities:    
Change in accrued capital expenditures $ (30) $ (2)