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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 4,214.1 $ 1,521.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 138.5 114.9
Non-cash compensation expense 276.4 209.3
Gains on marketable and other securities, net (553.9) (199.6)
Other non-cash items, net 192.6 23.8
Deferred taxes 51.8 118.0
Changes in assets and liabilities:    
Increase in accounts receivable (2,883.9) (47.1)
Increase in inventories (221.5) (233.4)
(Increase) decrease in prepaid expenses and other assets (277.8) 33.8
(Decrease) increase in deferred revenue (64.8) 78.9
Increase in accounts payable, accrued expenses, and other liabilities 423.7 20.9
Total adjustments (2,918.9) 119.5
Net cash provided by operating activities 1,295.2 1,641.4
Cash flows from investing activities:    
Purchases of marketable and other securities (1,886.5) (1,533.5)
Sales or maturities of marketable and other securities 1,217.1 2,843.7
Capital expenditures (263.8) (300.0)
Net cash (used in) provided by investing activities (933.2) 1,010.2
Cash flows from financing activities:    
Proceeds from bridge loan facility 0.0 1,500.0
Proceeds from issuance of Common Stock 308.2 2,168.0
Payments in connection with Common Stock tendered for employee tax obligations (180.7) (571.6)
Repurchases of Common Stock (612.1) (5,373.6)
Net cash used in financing activities (484.6) (2,277.2)
Net (decrease) increase in cash, cash equivalents, and restricted cash (122.6) 374.4
Cash, cash equivalents, and restricted cash at beginning of period 2,207.3 1,630.3
Cash, cash equivalents, and restricted cash at end of period $ 2,084.7 $ 2,004.7