v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 41,522 $ 25,081
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,038 8,006
Share-based compensation 12,428 10,603
Deferred income taxes (3,406) 1,292
Impairment charges for facilities consolidation, net 288 1,342
Other (82) 278
Changes in assets and liabilities:    
Accounts receivable 1,493 444
Prepaid expenses and other current assets (168) (141)
Other assets (70) 31
Accounts payable (195) (543)
Accrued expenses and other current liabilities (1,199) 5,355
Other liabilities 1,691 (39)
Net cash provided by operating activities 63,340 51,709
Cash flows from investing activities    
Purchases of property and equipment, net (22,831) (19,453)
Purchases of marketable debt securities (14,644) (1,810)
Sales and maturities of marketable debt securities 11,972 3,825
Acquisitions of businesses and intangible assets (261) (565)
Other investing activities 112 (20)
Net cash used in investing activities (25,652) (18,023)
Cash flows from financing activities    
Taxes paid related to net share settlement of equity awards (9,913) (4,789)
Repurchases of Class A common stock (30,125) (13,832)
Payments for dividends and dividend equivalents (3,802) 0
Proceeds from issuance of long-term debt, net 10,432 8,455
Principal payments on finance leases (1,558) (751)
Other financing activities (350) (182)
Net cash used in financing activities (35,316) (11,099)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (72) (283)
Net increase in cash, cash equivalents, and restricted cash 2,300 22,304
Cash, cash equivalents, and restricted cash at beginning of the period 42,827 15,596
Cash, cash equivalents, and restricted cash at end of the period 45,127 37,900
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents 43,852 36,890
Restricted cash, included in prepaid expenses and other current assets 90 152
Restricted cash, included in other assets 1,185 858
Total cash, cash equivalents, and restricted cash 45,127 37,900
Supplemental cash flow data    
Cash paid for income taxes, net 8,326 2,016
Cash paid for interest, net of amounts capitalized 356 302
Non-cash investing and financing activities:    
Property and equipment in accounts payable and accrued expenses and other current liabilities 7,217 4,506
Acquisition of businesses and intangible assets in accrued expenses and other current liabilities and other liabilities 186 182
Repurchases of Class A common stock in accrued expenses and other current liabilities $ 0 $ 122