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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net income (loss) $ 114 $ (24)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 122 95
Provision for severance benefits 56 45
Equity-based compensation 121 88
Non-cash operating lease expense 116 103
Deferred income taxes 11 47
Other 1 42
Change in operating assets and liabilities, net of acquisition:    
Accounts receivable, net (80) (14)
Inventories (18) (33)
Other assets (111) (55)
Accounts payable 111 (31)
Accrued expenses (93) (30)
Other liabilities 4 (21)
Net cash provided by operating activities 354 212
Investing activities    
Purchases of property and equipment (239) (107)
Proceeds from sale of property and equipment 1 2
Net cash acquired in acquisition 0 68
Other investing activities 25 (80)
Net cash used in investing activities (213) (117)
Financing activities    
Proceeds from issuance of common stock, equity-based compensation plan 0 1
Proceeds from short-term borrowings and long-term debt 295 14
Repayment of short-term borrowings and long-term debt (267) (17)
Other financing activities (12) 54
Net cash provided by financing activities 16 52
Effect of exchange rate changes on cash and cash equivalents, and restricted cash 12 (170)
Net increase in cash and cash equivalents, and restricted cash 169 (23)
Cash and cash equivalents, and restricted cash, as of beginning of period 6,031 5,597
Cash and cash equivalents, and restricted cash, as of end of period $ 6,200 $ 5,574