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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 217 $ 373
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 107 106
Credit for credit losses (1) 0
Deferred income tax benefit (4) (43)
Stock-based compensation expense 24 18
Other, net 3 4
Changes in operating assets and liabilities:    
Accounts receivable (58) 72
Accounts payable and accrued expenses (211) (165)
Income taxes payable 11 95
Other assets and liabilities, net 6 20
Net cash provided by operating activities 94 480
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (31) (105)
Capital expenditures (127) (63)
Increase in investments and other assets 0 (1)
Net cash used in investing activities (158) (169)
Cash flows from financing activities:    
Proceeds from borrowings 140 0
Repayments of debt (140) (1)
Purchases of treasury stock 0 (373)
Exercise of stock options 25 10
Employee payroll tax withholdings on stock issued under stock-based compensation plans (28) (27)
Dividends paid (74) (74)
Distributions to noncontrolling interest partners (14) (20)
Other financing activities, net 15 14
Net cash used in financing activities (76) (471)
Net change in cash and cash equivalents and restricted cash (140) (160)
Cash and cash equivalents and restricted cash, beginning of period 315 872
Cash and cash equivalents and restricted cash, end of period $ 175 $ 712