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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net income $ 185 $ 225
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 291 307
Amortization of purchased intangibles 28 30
Share-based compensation expense 54 60
Translation loss (gain) on Japanese yen-denominated debt, net 43 (81)
Deferred tax (benefit) provision (50) 10
Translated earnings contract loss (gain), net 101 (39)
Changes in assets and liabilities:    
Trade accounts receivable 10 (161)
Inventories (146) (86)
Other current assets (30) 2
Accounts payable and other current liabilities (253) (114)
Customer deposits and government incentives (16) (25)
Deferred income (29) (34)
Other, net (37) 2
Net cash provided by operating activities 151 96
Cash Flows from Investing Activities:    
Capital expenditures (208) (252)
Realized gains on translated earnings contracts and other 56 94
Other, net (13) (26)
Net cash used in investing activities (165) (184)
Cash Flows from Financing Activities:    
Repayments of debt (47) (37)
Proceeds from cross currency swap 24
Payments of employee withholding tax on stock awards (29) (34)
Proceeds from exercise of stock options 11 13
Purchases of common stock for treasury (100)
Dividends paid (242) (243)
Other, net (20) (7)
Net cash used in financing activities (403) (308)
Effect of exchange rates on cash 8 (18)
Net decrease in cash and cash equivalents (409) (414)
Cash and cash equivalents at beginning of period 1,768 1,779
Cash and cash equivalents at end of period $ 1,359 $ 1,365