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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities:    
Net income $ 2,029 $ 1,717
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 60 61
Amortization of intangibles 94 92
Provision for losses on accounts receivable 16 17
Deferred income taxes (14) 33
Stock-based compensation 60 53
Gain on dispositions (16) (49)
Pension settlement charges, net of taxes 2 85
Loss on extinguishment of debt 279 0
Other 50 49
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:    
Accounts receivable 172 (50)
Prepaid and other current assets (52) (59)
Accounts payable and accrued expenses (97) (54)
Unearned revenue (158) (27)
Other current liabilities (28) (82)
Net change in prepaid/accrued income taxes 28 40
Net change in other assets and liabilities 1 (54)
Cash provided by operating activities 2,426 1,772
Investing Activities:    
Capital expenditures (43) (77)
Acquisitions, net of cash acquired (189) (25)
Proceeds from dispositions 9 85
Changes in short-term investments 19 (3)
Cash used for investing activities (204) (20)
Financing Activities:    
Proceeds from issuance of senior notes, net 1,276 0
Payments on senior notes (1,394) 0
Dividends paid to shareholders (484) (421)
Distributions to noncontrolling interest holders, net (143) (100)
Repurchase of treasury shares (1,164) (1,144)
Exercise of stock options 14 38
Employee withholding tax on share-based payments and other (55) (57)
Cash used for financing activities (1,950) (1,684)
Effect of exchange rate changes on cash 10 (7)
Net change in cash, cash equivalents, and restricted cash 282 61
Cash, cash equivalents, and restricted cash at beginning of period 2,886 1,958
Cash, cash equivalents, and restricted cash at end of period $ 3,168 $ 2,019