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 $ 1,041 $ 1,436
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 410 408
Amortization of deferred commissions 403 333
Stock-based compensation 1,292 1,191
Deferred income taxes 47 (874)
Other (31) (13)
Changes in operating assets and liabilities, net of effect of business combinations:    
Accounts receivable 727 552
Deferred commissions (461) (453)
Prepaid expenses and other assets (267) (183)
Accounts payable 42 (188)
Deferred revenue (355) (217)
Accrued expenses and other liabilities (216) (199)
Net cash provided by operating activities 2,632 1,793
Cash flows from investing activities:    
Purchases of property and equipment (599) (433)
Business combinations, net of cash acquired (82) (279)
Purchases of other intangibles (30) (3)
Purchases of investments (3,952) (3,805)
Purchases of non-marketable investments (149) (56)
Sales and maturities of investments 3,024 2,868
Other 25 (15)
Net cash used in investing activities (1,763) (1,723)
Cash flows from financing activities:    
Proceeds from employee stock plans 237 193
Repurchases of common stock (400) (282)
Taxes paid related to net share settlement of equity awards (525) (333)
Business combination (184) 0
Net cash used in financing activities (872) (422)
Foreign currency effect on cash, cash equivalents and restricted cash (8) (4)
Net change in cash, cash equivalents and restricted cash (11) (356)
Cash, cash equivalents and restricted cash at beginning of period 1,904 1,475
Cash, cash equivalents and restricted cash at end of period 1,893 1,119
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 1,885 1,112
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 1,893 1,119
Supplemental disclosures of other cash flow information:    
Interest paid 23 23
Income taxes paid, net of refunds 183 103
Non-cash investing and financing activities:    
Property and equipment included in accounts payable, accrued expenses and other liabilities $ 49 $ 63