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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net (loss) income $ (113) $ 2,841
Depreciation, amortization and other 1,399 900
Stock-based compensation expense 103 47
Deferred income taxes (401) (49)
Adjustments for equity method investments (27) (31)
Losses (gains) on equity securities 515 (1,830)
Other items, net (95) (60)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables, net 486 (144)
Inventories 806 (58)
Other assets (89) (139)
Accounts payable 23 (253)
Accrued income taxes, net 223 443
Long-term tax liabilities (715) 107
Accrued liabilities (1,054) (230)
Accrued sales incentives and allowance (316) (402)
Other liabilities (56) (78)
Net cash provided by operating activities 689 1,064
Cash flows from investing activities:    
Proceeds from sales of marketable securities 0 1,124
Proceeds from maturities of marketable securities 0 550
Purchases of property, plant and equipment (230) (344)
Other 13 28
Net cash (used in) provided by investing activities (217) 1,358
Cash flows from financing activities:    
Net proceeds from issuance of debt 0 23,798
Extinguishment of debt (410) (420)
Repayment of debt 0 (704)
Dividends paid (1,208) (1,137)
Other (90) (28)
Net cash (used in) provided by financing activities (1,708) 21,509
(Decrease) increase in cash and cash equivalents (1,236) 23,931
Cash and cash equivalents at beginning of period 10,944 7,629
Cash and cash equivalents at end of period $ 9,708 $ 31,560