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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 10,081 $ 5,045
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,301 2,857
Share-based compensation 3,030 2,313
Deferred income taxes 690 184
Other 49 14
Changes in assets and liabilities:    
Accounts receivable 1,924 64
Prepaid expenses and other current assets (353) (168)
Other assets (15) 65
Accounts payable (100) (87)
Partners payable (158) 20
Accrued expenses and other current liabilities (3,016) 5,982
Deferred revenue and deposits (1) 51
Other liabilities (554) 1,584
Net cash provided by operating activities 14,878 17,924
Cash flows from investing activities    
Purchases of property and equipment, net (6,813) (7,470)
Purchases of marketable securities (14,063) (11,755)
Sales of marketable securities 5,381 4,456
Maturities of marketable securities 7,868 4,105
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets (372) (53)
Other investing activities, net (288) (61)
Net cash used in investing activities (8,287) (10,778)
Cash flows from financing activities    
Taxes paid related to net share settlement of equity awards (1,444) (1,119)
Repurchases of Class A common stock (2,618) (1,758)
Principal payments on finance leases (209) (267)
Net change in overdraft in cash pooling entities (17) (119)
Other financing activities, net 114 9
Net cash used in financing activities (4,174) (3,254)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (127) (18)
Net increase in cash, cash equivalents, and restricted cash 2,290 3,874
Cash, cash equivalents, and restricted cash at beginning of the period 19,279 10,124
Cash, cash equivalents, and restricted cash at end of the period 21,569 13,998
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents 21,045 13,877
Total cash, cash equivalents, and restricted cash 21,569 13,998
Supplemental cash flow data    
Cash paid for income taxes, net 1,250 1,696
Non-cash investing activities:    
Acquisition of businesses and other investments in accrued expenses and other liabilities 316 0
Property and equipment in accounts payable and accrued liabilities $ 1,592 $ 1,667