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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows – Operating Activities    
Net income - including noncontrolling interests $ 546 $ 535
Depreciation and amortization 219 235
Non-cash operating lease cost 199 203
Closures and impairment expenses 18 14
Investment loss (gain) 15 (16)
Equity in net (earnings) losses from equity method investments (6)  
Distributions of income received from equity method investments 9 7
Deferred income taxes (3) (2)
Share-based compensation expense 22 23
Changes in accounts receivable (13) (5)
Changes in inventories 52 52
Changes in prepaid expenses, other current assets and value-added tax assets (8) (28)
Changes in accounts payable and other current liabilities (53) 27
Changes in income taxes payable 24 25
Changes in non-current operating lease liabilities (200) (206)
Other, net 43 (21)
Net Cash Provided by Operating Activities 864 843
Cash Flows – Investing Activities    
Capital spending (259) (358)
Purchases of short-term investments, long-term bank deposits and notes (3,924) (1,479)
Maturities of short-term investments, long-term bank deposits and notes 3,905 1,702
Acquisition of equity investment (14)  
Other, net 2 3
Net Cash Used in Investing Activities (290) (132)
Cash Flows – Financing Activities    
Proceeds from short-term borrowings   307
Repayment of short-term borrowings (129) (52)
Repurchase of shares of common stock (368) (869)
Cash dividends paid on common stock (180) (126)
Dividends paid to noncontrolling interests (25) (28)
Other, net (7) (17)
Net Cash Used in Financing Activities (709) (785)
Effect of Exchange Rates on Cash, Cash Equivalents and Restricted Cash 4 (11)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (131) (85)
Cash, Cash Equivalents, and Restricted Cash - Beginning of Period 723 1,128
Cash, Cash Equivalents, and Restricted Cash - End of Period 592 1,043
Supplemental Cash Flow Data    
Cash paid for income tax 183 187
Cash paid for interest   4
Non-cash Investing and Financing Activities    
Capital expenditures included in accounts payable and other current liabilities $ 132 $ 167