v3.26.3
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Millions, $ in Millions
6 Months Ended
Jun. 30, 2026
CNY (¥)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
CNY (¥)
Operating activities:      
Net income ¥ 2,400 $ 354 ¥ 2,458
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation 265 39 247
Depreciation and amortization and other 610 90 636
Impairment loss 66 10 38
Loss from equity method investments, net of dividends (7) (1) 57
Investment (income) loss and foreign currency exchange (gain) loss 316 47 (663)
Changes in operating assets and liabilities 113 17 636
Others (122) (20) (170)
Net cash provided by operating activities 3,641 536 3,239
Investing activities:      
Capital expenditures (349) (51) (429)
Purchases of investments (2,891) (426) (2,778)
Proceeds from maturity/sale and return of investments 6,463 953 4,130
Loan advances (32) (5) (24)
Loan collections 67 10 82
Others 5 1 15
Net cash provided by investing activities 3,263 482 996
Financing activities:      
Payment of share repurchase (1,857) (274) (443)
Proceeds from debt 3,746 552 2,195
Repayment of debt (1,813) (267) (923)
Dividend paid (2,844) (419) (2,136)
Other (39) (6) (30)
Net cash used in financing activities (2,807) (414) (1,337)
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (239) (35) 90
Net increase in cash and cash equivalents, and restricted cash, including cash classified within assets held for sale 3,858 569 2,988
Less: net decrease in cash and cash equivalents classified within assets held for sale (1)   (3)
Cash, cash equivalents and restricted cash at the beginning of the period 10,532 1,552 7,524
Cash, cash equivalents and restricted cash at the end of the period 14,391 2,121 10,515
Cash and cash equivalents 14,249   10,145
Restricted cash 142   370
Total cash, cash equivalents and restricted cash shown in the statements of cash flows 14,391   10,515
Supplemental disclosure of cash flow information:      
Interest paid 88 13 78
Income taxes paid 1,267 187 889
Supplemental schedule of non-cash investing and financing activities:      
Purchases of property and equipment included in payables ¥ 308 $ 45 ¥ 343