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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (541) $ (1,446)
Depreciation and amortization 200 280
Stock-based compensation expense 188 233
Gain on equity method investment (101) 0
Other non-cash activities 20 203
Changes in operating assets and liabilities:    
Accounts receivable, net 31 (228)
Inventory (364) (435)
Other assets 14 (81)
Accounts payable and accrued liabilities 334 113
Deferred revenue 59 32
Other liabilities (28) 60
Net cash used in operating activities (188) (1,269)
Cash flows from investing activities:    
Purchases of short-term investments (835) (902)
Sales of short-term investments 48 0
Maturities of short-term investments 717 550
Capital expenditures (338) (254)
Net cash used in investing activities (408) (606)
Cash flows from financing activities:    
Proceeds from issuance of capital stock including employee stock purchase plan 3 2
Other financing activities (9) (4)
Net cash used in financing activities (6) (2)
Effect of exchange rate changes on cash and cash equivalents 1 (1)
Net change in cash (601) (1,878)
Cash, cash equivalents, and restricted cash—Beginning of period 5,294 7,857
Cash, cash equivalents, and restricted cash—End of period 4,693 5,979
Supplemental disclosure of non-cash investing and financing activities:    
Capital expenditures included in liabilities 423 383
Capital stock issued to settle bonuses 47 179
Right-of-use assets obtained in exchange for operating lease liabilities $ 73 $ 52