Accounting Policies and Supplemental Disclosures (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Supplemental Cash Flow Information

The following table shows supplemental cash flow information (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,				Twelve Months Ended September 30,
	2021		2022		2021		2022		2021		2022
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest on debt	$	276	$	304	$	731	$	932	$	933	$	1,299
Cash paid for operating leases	1,812		1,813		5,029		6,268		6,230		7,961
Cash paid for interest on finance leases	121		88		407		290		535		404
Cash paid for interest on financing obligations	48		39		116		152		147		189
Cash paid for income taxes, net of refunds	750		742		3,354		4,340		3,774		4,674
Assets acquired under operating leases	10,447		6,755		19,561		14,031		23,908		19,839
Property and equipment acquired under finance leases, net of remeasurements and modifications	1,744		131		5,453		358		8,149		1,966
Property and equipment recognized during the construction period of build-to-suit lease arrangements	1,797		526		3,877		2,877		4,916		4,847
Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating	76		2,195		174		3,307		174		3,363

Calculation of Diluted Shares

The following table shows the calculation of diluted shares (in millions):

	Three Months Ended September 30,		Nine Months Ended September 30,
	2021	2022	2021	2022
Shares used in computation of basic earnings per share	10,132	10,191	10,103	10,178
Total dilutive effect of outstanding stock awards	177	140	184	—
Shares used in computation of diluted earnings per share	10,309	10,331	10,287	10,178

Other Income (Expense), Net

Other income (expense), net, is as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2022		2021		2022
Marketable equity securities valuation gains (losses)	$	(129)	$	1,039	$	(48)	$	(11,528)
Equity warrant valuation gains (losses)	(50)		(170)		1,194		(1,606)
Upward adjustments relating to equity investments in private companies	155		11		1,661		76
Foreign currency gains (losses)	(107)		(103)		(28)		(206)
Other, net	(32)		(18)		16		(92)
Total other income (expense), net	(163)		759		2,795		(13,356)

Summarized Financial Information of Equity Investment

Required summarized financial information of Rivian as disclosed in its most recent SEC filings is as follows (in millions):

	Six Months Ended June 30,
	2021		2022
Revenues	$	—	$	459
Gross profit	—		(1,206)
Loss from operations	(990)		(3,287)
Net loss	(994)		(3,305)