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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash provided by (used for) operating activities    
Net income (loss) $ 314 $ 110
Depreciation and amortization 285 274
Deferred and prepaid income taxes 19 (75)
Stock-based compensation expense 55 52
Net loss (gain) on investments and notes receivable 31 20
Contingent consideration net expense (benefit) 12 12
Inventory step-up amortization 0 17
Gain (Loss) on Extinguishment of Debt 0 194
Other, net (2) 19
Trade accounts receivable (86) (66)
Inventories (185) (108)
Other assets (41) (140)
Accounts payable, accrued expenses and other liabilities (211) (368)
Cash provided by (used for) operating activities 190 (58)
Investing activities:    
Purchases of property, plant and equipment and internal use software (111) (121)
Proceeds from sale of property, plant and equipment 3 8
Payments for acquisitions of businesses, net of cash acquired (375) (1,471)
Proceeds from royalty rights 9 19
Proceeds from (payments for) investments and acquisitions of certain technologies (10) (10)
Cash provided by (used for) investing activities (484) (1,574)
Financing activities:    
Payment of contingent consideration previously established in purchase accounting (34) (20)
Payments for royalty rights (34) (39)
Payments on short-term borrowings 0 (250)
Net increase (decrease) in commercial paper 0 223
Payments on long-term borrowings and debt extinguishment costs 0 (3,184)
Proceeds from long-term borrowings, net of debt issuance costs 0 3,271
Cash dividends paid on preferred stock (14) (14)
Cash used to net share settle employee equity awards (50) (46)
Proceeds from issuances of common stock pursuant to employee stock compensation and purchase plans 63 52
Cash provided by (used for) financing activities (69) (6)
Effect of foreign exchange rates on cash 0 0
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (363) (1,639)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 1,126 2,168
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 763 529
Supplemental Information    
Stock-based compensation expense 55 52
Non-cash impact of transferred royalty rights $ (9) $ (19)