v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 460 $ 347
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 160 130
Amortization of deferred commissions 145 131
Stock-based compensation 470 422
Deferred income taxes 32 28
Other 4 (18)
Changes in operating assets and liabilities, net of effect of business combinations:    
Accounts receivable 901 715
Deferred commissions (155) (165)
Prepaid expenses and other assets (139) (106)
Accounts payable 234 107
Deferred revenue (148) (10)
Accrued expenses and other liabilities (287) (240)
Net cash provided by operating activities 1,677 1,341
Cash flows from investing activities:    
Purchases of property and equipment (205) (135)
Business combinations, net of cash acquired (18) (10)
Purchases of other intangibles (34) (21)
Purchases of investments (1,140) (1,605)
Purchases of non-marketable investments (4) (42)
Sales and maturities of investments 1,181 1,073
Other 3 6
Net cash used in investing activities (217) (734)
Cash flows from financing activities:    
Proceeds from employee stock plans 153 131
Repurchases of common stock (298) (175)
Taxes paid related to net share settlement of equity awards (253) (215)
Business combination 0 (184)
Net cash used in financing activities (398) (443)
Foreign currency effect on cash, cash equivalents and restricted cash 5 (4)
Net change in cash, cash equivalents and restricted cash 1,067 160
Cash, cash equivalents and restricted cash at beginning of period 2,310 1,904
Cash, cash equivalents and restricted cash at end of period 3,377 2,064
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 3,369 2,056
Restricted cash included in prepaid expenses and other current assets 8 8
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows 3,377 2,064
Supplemental disclosures of other cash flow information:    
Interest paid 11 11
Income taxes paid, net of refunds 36 21
Non-cash investing and financing activities:    
Property and equipment included in accounts payable, accrued expenses and other liabilities $ 56 $ 89