XML 38 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income $ 2,350 $ 1,666
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 62 42
Amortization of intangibles 379 53
Provision for losses on accounts receivable 12 13
Deferred income taxes (91) (47)
Stock-based compensation 143 50
Gain on dispositions (1,899) (2)
Loss on extinguishment of debt, net 19 0
Other 94 22
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:    
Accounts receivable 387 153
Prepaid and other current assets (31) (71)
Accounts payable and accrued expenses (285) (199)
Unearned revenue (150) (76)
Other current liabilities (265) (26)
Net change in prepaid/accrued income taxes 90 100
Net change in other assets and liabilities (139) 13
Cash provided by operating activities 676 1,691
Investing Activities:    
Capital expenditures (40) (25)
Acquisitions, net of cash acquired 275 (10)
Proceeds from dispositions 3,506 2
Changes in short-term investments 4 0
Cash provided by (used for) investing activities 3,745 (33)
Financing Activities:    
Payments on short-term debt, net (219) 0
Proceeds from issuance of senior notes, net 5,395 0
Payments on senior notes (3,684) 0
Dividends paid to shareholders (472) (371)
Proceeds from noncontrolling interest holders 410 0
Distributions to noncontrolling interest holders (126) (118)
Repurchase of treasury shares (8,503) 0
Exercise of stock options 5 7
Employee withholding tax on share-based payments (74) (44)
Cash used for financing activities (7,268) (526)
Effect of exchange rate changes on cash (85) (33)
Net change in cash, cash equivalents, and restricted cash (2,932) 1,099
Cash, cash equivalents, and restricted cash at beginning of period 6,505 4,122
Cash, cash equivalents, and restricted cash at end of period $ 3,573 $ 5,221