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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash provided by (used for) operating activities    
Net income (loss) $ 370 $ 527
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 0 9
Depreciation and amortization 558 531
Deferred and prepaid income taxes (93) (88)
Stock-based compensation expense 107 94
Goodwill and other intangible asset impairment charges 7 45
Net loss (gain) on investments and notes receivable 36 (22)
Contingent consideration net expense (benefit) 48 (91)
Inventory step-up amortization 25 8
Gain (Loss) on Extinguishment of Debt 194 0
Other, net 31 35
Trade accounts receivable (162) (145)
Inventories (180) (100)
Other assets (244) (200)
Accounts payable, accrued expenses and other liabilities (449) 340
Cash provided by (used for) operating activities 249 927
Investing activities:    
Purchases of property, plant and equipment and internal use software (226) (181)
Proceeds from sale of property, plant and equipment 9 7
Payments for acquisitions of businesses, net of cash acquired (1,471) (706)
Proceeds from royalty rights 36 43
Payments for Hedge, Investing Activities 56 15
Proceeds from disposal of certain businesses and assets 5 801
Proceeds from (payments for) investments and acquisitions of certain technologies (14) 92
Cash provided by (used for) investing activities (1,603) 71
Financing activities:    
Payment of contingent consideration previously established in purchase accounting (283) (14)
Payments for royalty rights (39) (42)
Payments on short-term borrowings (250) 0
Net increase (decrease) in commercial paper 154 0
Payments on long-term borrowings and debt extinguishment costs (3,184) 0
Proceeds from long-term borrowings, net of debt issuance costs 3,270 0
Cash dividends paid on preferred stock (28) (28)
Cash used to net share settle employee equity awards (47) (47)
Proceeds from issuances of common stock pursuant to employee stock compensation and purchase plans 58 38
Cash provided by (used for) financing activities (350) (93)
Effect of foreign exchange rates on cash (6) (2)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (1,710) 903
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 2,168 1,995
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 458 2,898
Supplemental Information    
Stock-based compensation expense 107 94
Fair value of contingent consideration recorded in purchase accounting 0 221
Non-cash impact of transferred royalty rights $ (36) $ (43)