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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net income $ 36 $ 53
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40 39
Stock-based compensation expense 31 21
Deferred income taxes 8 10
Changes in assets and liabilities:    
Receivables 6 (36)
Inventories 10 13
Current payables and accrued expenses (49) (44)
Deferred revenue 20 63
Other assets and liabilities 49 (9)
Net cash provided by operating activities 151 110
Investing activities    
Expenditures for property and equipment (1) (4)
Additions to capitalized software 0 (1)
Net cash used in investing activities (1) (5)
Financing activities    
Repurchases of common stock (300) (83)
Repayments of long-term borrowings (13) (6)
Payments of finance leases (22) (15)
Other financing activities, net 4 13
Net cash used in financing activities (331) (91)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6) (5)
(Decrease) increase in cash, cash equivalents and restricted cash (187) 9
Cash, cash equivalents and restricted cash at beginning of period 595 533
Cash, cash equivalents and restricted cash at end of period 408 542
Supplemental cash flow disclosure:    
Assets acquired under operating lease 1 2
Assets acquired under finance lease 24 45
Annual variable incentive payout settled in equity 0 17
Reconciliation of cash, cash equivalents and restricted cash to the Condensed Consolidated Balance Sheets:    
Cash and cash equivalents 404  
Restricted cash 4  
Total cash, cash equivalents and restricted cash $ 408 $ 542