XML 20 R8.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 3,162 $ 633
Noncash adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 2,728 2,799
Impairment of intangible assets 800 68
Stock-based compensation expense 242 260
Deferred income taxes (672) (784)
(Gains) losses on equity securities (741) 916
Other items, net (73) (174)
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables, net (1,823) 310
Inventories 527 1,528
Other assets (407) (339)
Accounts payable 1,086 666
Accrued income taxes, net (2,313) (1,311)
Long-term tax liabilities 162 (637)
Accrued liabilities (50) (361)
Accrued sales incentives and allowance 1,113 (393)
Other liabilities (70) (33)
Net cash provided by operating activities 3,671 3,148
Cash flows from investing activities:    
Purchases of property, plant and equipment (780) (468)
Other (56) 34
Net cash used in investing activities (836) (434)
Cash flows from financing activities:    
Extinguishment of debt (602) (410)
Repayment of debt (3,500) (1,400)
Dividends paid (2,559) (2,417)
Other (119) (130)
Net cash used in financing activities (6,780) (4,357)
Decrease in cash and cash equivalents (3,945) (1,643)
Cash and cash equivalents at beginning of period 11,973 10,944
Cash and cash equivalents at end of period $ 8,028 $ 9,301