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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands, € in Millions, SFr in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income, after equity in losses from unconsolidated affiliates $ 5,850 $ 9,456 $ 12,165
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 4,595 4,754 4,645
Deferred income tax (benefit) expense (2,255) 8,864 3,932
Stock-based compensation 5,227 2,745 2,260
Other losses (gains) 80 (46) (3)
Changes in operating assets and liabilities:      
Accounts receivable (1,076) 5,243 (4,700)
Inventories 6,046 (13,834) (4,731)
Due from related parties 1 99 (59)
Lease receivable, current (920) (1,244) (736)
Other current assets (505) (474) 883
Accounts payable (2,020) 3,143 (688)
Due to related parties (1,477) 250 1,356
Accrued liabilities and other 6,146 (1,380) (351)
Lease receivable, non-current (2,294) (4,782) (3,867)
Other non-current assets (871) (984) (1,951)
Deferred revenue and other (3,240) (1,401) (2,300)
Net cash provided by operating activities 13,287 10,409 5,855
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sale of equity investment 0 0 115
Acquisition of intangible asset (2,750) 0 0
Investments in unconsolidated affiliates (8,091) 0 0
Purchase of minority interest 0 (13,757) 0
Purchases of property and equipment (1,358) (3,469) (3,417)
Proceeds from disposition of property and equipment 25 57 0
Net cash used in investing activities (12,174) (17,169) (3,302)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 4,034 2,452 2,382
Repurchase of common stock (1,271) (1,076) (762)
Distributions to non-controlling interest members (126) (965) 0
Proceeds from line of credit borrowings 3,000 40,307 34,792
Repayments of line of credit borrowings (3,000) (34,979) (34,262)
Repayments of other debt (10) (68) (747)
Payment of debt issuance costs 0 (120) 0
Net cash provided by financing activities 2,627 5,551 1,403
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH (10) 74 (52)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,730 (1,135) 3,904
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 9,659 10,794 6,890
CASH AND CASH EQUIVALENTS, END OF YEAR 13,389 9,659 10,794
NON-CASH TRANSACTIONS:      
Transfers of equipment between inventory and property and equipment, net 1,449 1,637 1,250
Common stock issued as partial consideration of Cuattro acquisition transactions (See Note 3) $ 5,450 $ 0 $ 6,349