Supplemental Financial Information

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]


Note 14: Supplemental Financial Information


Cash Payments for Interest and Income Taxes
Year ended December 31 (in millions)	2023		2022		2021
Interest	$	3,711	$	3,413	$	3,908
Income taxes	$	5,107	$	5,265	$	2,628

Noncash Activities

During 2023:

•we acquired $2.1 billion of property and equipment and intangible assets that were accrued but unpaid

•we recorded a liability of $1.2 billion for a quarterly cash dividend of $0.29 per common share paid in January 2024

During 2022:

•we acquired $2.0 billion of property and equipment and intangible assets that were accrued but unpaid

•we recorded a liability of $1.1 billion for a quarterly cash dividend of $0.27 per common share paid in January 2023

During 2021:

•we acquired $2.0 billion of property and equipment and intangible assets that were accrued but unpaid

•we recorded a liability of $1.1 billion for a quarterly cash dividend of $0.25 per common share paid in January 2022

Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets to the total of the amounts reported in our consolidated statements of cash flows.


December 31 (in millions)	2023		2022
Cash and cash equivalents	$	6,215	$	4,749
Restricted cash included in other current assets and other noncurrent assets, net	67		33
Cash, cash equivalents and restricted cash, end of year	$	6,282	$	4,782

Our cash equivalents consist primarily of money market funds and U.S. government obligations, as well as commercial paper and certificates of deposit with maturities of three months or less when purchased. The carrying amounts of our cash equivalents approximate their fair values, which are primarily based on Level 1 inputs.