XML 22 R7.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net income (loss) $ (65) $ 327
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 313 198
Provision for severance benefits 138 117
Equity-based compensation 311 240
Non-cash operating lease expense 325 248
Deferred income taxes 142 0
Other 175 100
Change in operating assets and liabilities, net of acquisition:    
Accounts receivable, net 116 (114)
Inventories (234) (87)
Other assets (264) (65)
Accounts payable 310 1,235
Accrued expenses 32 15
Other liabilities (89) (171)
Net cash provided by operating activities 1,210 2,043
Investing activities    
Purchases of property and equipment (665) (662)
Proceeds from sale of property and equipment 8 12
Net cash acquired in acquisition 68 0
Other investing activities (89) (14)
Net cash used in investing activities (678) (664)
Financing activities    
Proceeds from issuance of common stock, equity-based compensation plan 3 7
Repurchase of Class A common stock (178) 0
Proceeds from short-term borrowings and long-term debt 425 417
Repayment of short-term borrowings and long-term debt (383) (64)
Other financing activities 44 2
Net cash (used in) provided by financing activities (89) 362
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (78) (167)
Net increase in cash and cash equivalents, and restricted cash 365 1,574
Cash and cash equivalents, and restricted cash, as of beginning of period 5,597 3,687
Cash and cash equivalents, and restricted cash, as of end of period $ 5,962 $ 5,261