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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 42,621 $ 34,981
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,355 8,242
Share-based compensation 13,690 8,981
Deferred income taxes 1,568 (2,163)
Unrealized loss on equity investments 1,185 320
Other (73) (376)
Changes in assets and liabilities:    
Accounts receivable (2,273) 1,466
Prepaid expenses and other current assets (3,230) 686
Other assets (2,535) (242)
Accounts payable (354) (574)
Accrued expenses and other current liabilities 5,662 (3,338)
Other liabilities (4,528) 1,604
Net cash provided by operating activities 64,088 49,587
Cash flows from investing activities    
Purchases of property and equipment (49,113) (29,479)
Purchases of marketable securities (75,592) (19,509)
Sales and maturities of marketable securities 44,036 19,057
Purchases of non-marketable equity investments (1,670) (15,214)
Payments for held-for-sale assets (674) (775)
Acquisitions of businesses and intangible assets (474) (62)
Other investing activities 156 14
Net cash used in investing activities (83,331) (45,968)
Cash flows from financing activities    
Taxes paid related to net share settlement of equity awards (8,704) (8,993)
Repurchases of Class A common stock 0 (22,921)
Payments for dividends and dividend equivalents (2,699) (2,656)
Proceeds from issuance of long-term debt, net 24,910 0
Principal payments on finance leases (1,805) (1,225)
Other financing activities (2,288) 323
Net cash provided by (used in) financing activities 9,414 (35,472)
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents 0 243
Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents (9,829) (31,610)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of the period 39,100 45,438
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of the period 29,271 13,828
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents to the condensed consolidated balance sheets    
Cash and cash equivalents 15,462 12,005
Restricted cash and restricted cash equivalents, included in prepaid expenses and other current assets 702 161
Restricted cash and restricted cash equivalents, included in other assets 13,107 1,662
Total cash, cash equivalents, restricted cash, and restricted cash equivalents 29,271 13,828
Supplemental cash flow data    
Cash paid for income taxes, net 1,999 5,544
Cash paid for interest, net of amounts capitalized 1,097 478
Non-cash investing and financing activities:    
Property and equipment in accounts payable and accrued expenses and other current liabilities 19,502 10,618
Acquisition of businesses and intangible assets in accounts payable, accrued expenses and other current liabilities, and other liabilities 2,172 132
Non-marketable equity investments in accrued expenses and other current liabilities 0 651
Repurchases of Class A common stock in accrued expenses and other current liabilities $ 0 $ 131