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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income (loss) $ 240 $ (65)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 381 313
Provision for severance benefits 177 138
Equity-based compensation 352 311
Non-cash operating lease expense 369 325
Deferred income taxes (4) 142
Other 178 175
Change in operating assets and liabilities, net of acquisition:    
Accounts receivable, net 9 116
Inventories (408) (234)
Other assets (405) (264)
Accounts payable 935 310
Accrued expenses (9) 32
Other liabilities (124) (89)
Net cash provided by operating activities 1,691 1,210
Investing activities    
Purchases of property and equipment (891) (665)
Proceeds from sale of property and equipment 5 8
Net cash acquired in acquisition 0 68
Other investing activities 8 (89)
Net cash used in investing activities (878) (678)
Financing activities    
Proceeds from issuance of common stock, equity-based compensation plan 4 3
Repurchase of Class A common stock (81) (178)
Proceeds from short-term borrowings and long-term debt 2,182 425
Repayment of short-term borrowings and long-term debt (1,817) (383)
Other financing activities (28) 44
Net cash provided by (used in) financing activities 260 (89)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 220 (78)
Net increase in cash and cash equivalents and restricted cash 1,293 365
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 $ 7,324 $ 5,962