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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net income $ 3,358 $ 5,768
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 112 103
Amortization expense 601 489
Stock-based compensation expense 472 191
Deferred income taxes (2) 138
Other 149 189
Changes in operating assets and liabilities:    
Accounts receivable, net 277 118
Inventories (34) (14)
Prepaid expenses and other 622 145
Accounts payable (193) (399)
Income taxes payable (1,838) 72
Accrued liabilities 319 (349)
Net cash provided by operating activities 3,843 6,451
Investing Activities:    
Purchases of marketable securities (2,009) (13,269)
Proceeds from sales of marketable securities 676 7,629
Proceeds from maturities of marketable securities 11,539 1,942
Capital expenditures (509) (241)
Other (102) 0
Net cash provided by (used in) investing activities 9,595 (3,939)
Financing Activities:    
Proceeds from issuances of common stock 159 119
Repurchases of common stock (1,489) (695)
Repayments of debt and other obligations (4,500) (60)
Payments of dividends (1,493) (1,367)
Other (424) (121)
Net cash used in financing activities (7,747) (2,124)
Effect of exchange rate changes on cash and cash equivalents (45) 95
Net change in cash and cash equivalents 5,646 483
Cash and cash equivalents at beginning of period 7,588 8,229
Cash and cash equivalents at end of period $ 13,234 $ 8,712