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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash provided by (used for) operating activities    
Net income (loss) $ 946 $ (292)
Gain on disposal of businesses and assets (48) 0
Depreciation and amortization 803 834
Deferred and prepaid income taxes (49) (13)
Stock-based compensation expense 145 128
Intangible asset impairment charges 173 452
Net loss (gain) on investments and notes receivable (208) (29)
Contingent consideration net expense (benefit) (117) (102)
Inventory step-up amortization 15 42
Foreign exchange (gain) loss 17 13
Other, net 32 46
Trade accounts receivable (131) 242
Inventories (315) (1)
Other assets (145) (119)
Accounts payable, accrued expenses and other liabilities 275 (364)
Cash provided by (used for) operating activities 1,392 835
Investing activities:    
Purchases of property, plant and equipment (288) (217)
Proceeds from sale of property, plant and equipment 10 6
Payments for acquisitions of businesses, net of cash acquired (2,014) (3)
Proceeds from royalty rights 62 66
Payments for investments and acquisitions of certain technologies (51) (130)
Proceeds from sale of investments and disposition of certain assets 329 0
Proceeds from disposal of businesses 801 15
Payments for Hedge, Investing Activities 15 0
Cash provided by (used for) investing activities (1,136) (264)
Financing activities:    
Payment of contingent consideration previously established in purchase accounting (14) (35)
Payments for royalty rights (85) (97)
Payments on short-term borrowings 0 (2,950)
Proceeds from short-term borrowings, net of debt issuance costs 0 2,245
Net increase (decrease) in commercial paper 0 (714)
Payments on borrowings from credit facilities 0 (1,919)
Proceeds from borrowings on credit facilities 0 1,916
Payments on long-term borrowings and debt extinguishment costs 0 (1,000)
Proceeds from long-term borrowings, net of debt issuance costs 0 1,683
Cash dividends paid on preferred stock (42) (14)
Net proceeds from issuance of preferred stock in connection with public offering 0 975
Net proceeds from issuance of common stock in connection with public offering 0 975
Cash used to net share settle employee equity awards (48) (59)
Proceeds from issuances of common stock pursuant to employee stock compensation and purchase plans 102 107
Cash provided by (used for) financing activities (87) 1,112
Effect of foreign exchange rates on cash (5) (8)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 164 1,675
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 1,995 607
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 2,159 2,282
Supplemental Information    
Stock-based compensation expense 145 128
Fair value of contingent consideration recorded in purchase accounting 384 0
Non-cash impact of transferred royalty rights $ (62) $ (66)