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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 1,897 $ 3,024
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on investment securities, net (10) 49
Equity in net losses 57 39
Stock-based compensation 153 142
Depreciation 682 628
Amortization 46 51
Impairment of property and equipment 129 31
Changes in operating assets and liabilities, net of effect of businesses acquired and disposed:    
Receivables (109) (126)
Other assets 258 (935)
Benefits payable 884 870
Other liabilities (498) 39
Unearned revenues (71) 7,250
Other 76 53
Net cash provided by operating activities 3,494 11,115
Cash flows from investing activities    
Acquisitions, net of cash and cash equivalents acquired (37) (223)
Purchases of property and equipment, net (421) (721)
Purchases of investment securities (6,403) (3,366)
Proceeds from maturities of investment securities 2,214 885
Proceeds from sales of investment securities 1,758 815
Net cash used in investing activities (2,889) (2,610)
Cash flows from financing activities    
(Payments) receipts from contract deposits, net (638) 2,481
Proceeds from issuance of senior notes, net 2,232 1,215
Repayments of senior notes (48) (1,719)
(Repayments) issuance of commercial paper, net (895) 1,618
Repayment of term loan 0 (500)
Debt issue costs (7) (4)
Change in book overdraft 3 (52)
Common stock repurchases (768) (1,002)
Dividends paid (323) (320)
Other 261 (135)
Net cash (used in) provided by financing activities (183) 1,582
Increase in cash and cash equivalents 422 10,087
Cash and cash equivalents at beginning of period 4,694 5,061
Cash and cash equivalents at end of period 5,116 15,148
Supplemental cash flow disclosures:    
Interest payments 416 317
Income tax payments, net 570 957
Details of businesses acquired in purchase transactions:    
Fair value of assets acquired, net of cash and cash equivalents acquired 49 454
Less: Fair value of liabilities assumed (12) (236)
Less: Noncontrolling interests acquired 0 5
Cash paid for acquired businesses, net of cash and cash equivalents acquired $ 37 $ 223