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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash provided by (used for) operating activities    
Net income (loss) $ 584 $ 370
Depreciation and amortization 583 558
Deferred and prepaid income taxes (45) (93)
Stock-based compensation expense 115 107
Goodwill and other intangible asset impairment charges 57 7
Net loss (gain) on investments and notes receivable 35 36
Contingent consideration net expense (benefit) 31 48
Inventory step-up amortization 3 25
Gain (Loss) on Extinguishment of Debt 0 194
Other, net 23 31
Trade accounts receivable (161) (162)
Inventories (399) (180)
Other assets (55) (244)
Accounts payable, accrued expenses and other liabilities 78 (449)
Cash provided by (used for) operating activities 848 249
Investing activities:    
Purchases of property, plant and equipment and internal use software (254) (226)
Proceeds from sale of property, plant and equipment 3 9
Payments for acquisitions of businesses, net of cash acquired (1,018) (1,471)
Proceeds from royalty rights 16 36
Payments for (Proceeds from) Hedge, Investing Activities 2 56
Proceeds from (payments for) investments and acquisitions of certain technologies (73) (10)
Cash provided by (used for) investing activities (1,324) (1,603)
Financing activities:    
Payment of contingent consideration previously established in purchase accounting (39) (283)
Payments for royalty rights (34) (39)
Payments on short-term borrowings 0 (250)
Net increase (decrease) in commercial paper 37 154
Payments on long-term borrowings and debt extinguishment costs 0 (3,184)
Proceeds from long-term borrowings, net of debt issuance costs 0 3,270
Cash dividends paid on preferred stock (28) (28)
Cash used to net share settle employee equity awards (52) (47)
Proceeds from issuances of common stock pursuant to employee stock compensation and purchase plans 90 58
Cash provided by (used for) financing activities (26) (350)
Effect of foreign exchange rates on cash (3) (6)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (506) (1,710)
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 $ 620 $ 458