v3.24.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 609 $ 1,194
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 266 262
Amortization of deferred commissions 263 218
Stock-based compensation 866 778
Deferred income taxes 52 (904)
Other (25) (2)
Changes in operating assets and liabilities, net of effect of business combinations:    
Accounts receivable 499 635
Deferred commissions (306) (280)
Prepaid expenses and other assets (252) (136)
Accounts payable 172 (90)
Deferred revenue (92) (89)
Accrued expenses and other liabilities (91) (104)
Net cash provided by operating activities 1,961 1,482
Cash flows from investing activities:    
Purchases of property and equipment (397) (297)
Business combinations, net of cash acquired (41) 0
Purchases of other intangibles (30) 0
Purchases of investments (2,660) (2,821)
Purchases of non-marketable investments (88) (46)
Sales and maturities of investments 2,113 1,953
Other (2) 13
Net cash used in investing activities (1,105) (1,198)
Cash flows from financing activities:    
Proceeds from employee stock plans 131 117
Repurchases of common stock (175) 0
Taxes paid related to net share settlement of equity awards (352) (206)
Business combination (184) 0
Net cash used in financing activities (580) (89)
Foreign currency effect on cash, cash equivalents and restricted cash (13) 0
Net change in cash, cash equivalents and restricted cash 263 195
Cash, cash equivalents and restricted cash at beginning of period 1,904 1,475
Cash, cash equivalents and restricted cash at end of period 2,167 1,670
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 2,159 1,663
Restricted cash included in prepaid expenses and other current assets 8 7
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows 2,167 1,670
Supplemental disclosures of other cash flow information:    
Interest paid 12 12
Income taxes paid, net of refunds 112 63
Non-cash investing and financing activities:    
Property and equipment included in accounts payable, accrued expenses and other liabilities $ 70 $ 38