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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:    
Net income $ 3,843 $ 3,358
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 120 112
Amortization expense 587 601
Stock-based compensation expense 317 472
Deferred income taxes 28 (2)
Net unrealized (gains) losses from equity securities (254) 19
Other 66 130
Changes in operating assets and liabilities:    
Accounts receivable, net (68) 277
Inventories (12) (34)
Prepaid expenses and other (34) 622
Accounts payable (166) (193)
Income taxes payable (274) (1,838)
Accrued liabilities and other (488) 319
Net cash provided by operating activities 3,665 3,843
Investing Activities:    
Purchases of marketable debt securities (17,022) (2,009)
Proceeds from sales of marketable debt securities 1,564 676
Proceeds from maturities of marketable debt securities 10,029 11,539
Capital expenditures (422) (509)
Other 302 102
Net cash provided by (used in) investing activities (6,153) 9,595
Financing Activities:    
Proceeds from issuances of common stock 141 159
Repurchases of common stock (1,422) (1,489)
Repayments of debt and other obligations (1,250) (4,500)
Payments of dividends (1,617) (1,493)
Other (75) (424)
Net cash used in financing activities (4,223) (7,747)
Effect of exchange rate changes on cash and cash equivalents 11 (45)
Net change in cash and cash equivalents (6,700) 5,646
Cash and cash equivalents at beginning of period 17,940 7,588
Cash and cash equivalents at end of period $ 11,240 $ 13,234