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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 2,521 $ 2,991
Adjustments to reconcile net income to net cash generated from operating activities:    
Depreciation and amortization 874 822
Amortization of leasehold interests in land 37 26
Amortization of deferred financing costs and original issue discount 24 28
Amortization of deferred gain on mall sale transactions (4) (3)
Loss on modification or early retirement of debt 24 55
Loss on disposal or impairment of assets 11 114
Gain on sale of Sands Bethlehem (556) 0
Stock-based compensation expense 26 23
Provision for (recovery of) doubtful accounts 15 (4)
Foreign exchange (gain) loss 9 (37)
Deferred income taxes 155 (642)
Changes in operating assets and liabilities:    
Accounts receivable (56) (35)
Other assets (60) (13)
Leasehold interests in land (969) (15)
Accounts payable (4) (18)
Other liabilities (251) 108
Net cash generated from operating activities 1,796 3,400
Cash flows from investing activities:    
Net proceeds from sale of Sands Bethlehem 1,160 0
Capital expenditures (756) (623)
Proceeds from disposal of property and equipment 1 13
Acquisition of intangible assets (53) 0
Net cash generated from (used in) investing activities 352 (610)
Cash flows from financing activities:    
Proceeds from exercise of stock options 44 78
Repurchase of common stock (454) (475)
Dividends paid and noncontrolling interest payments (2,413) (2,395)
Proceeds from long-term debt (Note 2) 3,500 7,593
Repayments of long-term debt (Note 2) (3,518) (5,153)
Payments of financing costs (127) (93)
Net cash used in financing activities (2,968) (445)
Effect of exchange rate on cash, cash equivalents and restricted cash (9) 10
Increase (decrease) in cash, cash equivalents and restricted cash (829) 2,355
Cash, cash equivalents and restricted cash at beginning of period 4,661 2,430
Cash, cash equivalents and restricted cash at end of period 3,832 4,785
Supplemental disclosure of cash flow information:    
Cash payments for interest, net of amounts capitalized 401 210
Cash payments for taxes, net of refunds 220 231
Change in construction payables $ 126 $ 56