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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income including noncontrolling interests $ 2,266 $ 2,270
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operations:    
Depreciation and amortization 457 457
ERISA litigation matter 65 0
Restructuring and termination benefits, net of cash (15) 54
Stock-based compensation expense 127 108
Deferred income taxes 8 (98)
Cash effects of changes in:    
Receivables (180) (184)
Inventories 9 (94)
Accounts payable and other accruals 30 327
Other non-current assets and liabilities (22) (2)
Net cash provided by (used in) operations 2,745 2,838
Investing Activities    
Capital expenditures (387) (377)
Purchases of marketable securities and investments (537) (358)
Proceeds from sale of marketable securities and investments 508 260
Payment for acquisition, net of cash acquired (293) 0
Other investing activities (5) 21
Net cash provided by (used in) investing activities (714) (454)
Financing Activities    
Short-term borrowing (repayment) less than 90 days, net 139 337
Principal payments of debt (655) (502)
Proceeds from issuance of debt 497 2
Dividends paid (1,300) (1,275)
Purchases of treasury shares (804) (1,284)
Proceeds from exercise of stock options 83 611
Other financing activities 145 1
Net cash provided by (used in) financing activities (1,895) (2,110)
Effect of exchange rate changes on Cash and cash equivalents 47 (6)
Net increase (decrease) in Cash and cash equivalents 183 268
Cash and cash equivalents at beginning of the period 1,096 966
Cash and cash equivalents at end of the period 1,279 1,234
Supplemental Cash Flow Information    
Income taxes paid 712 762
Interest paid $ 235 $ 267