text: Cash Flows from Operating Activities 
  
  Net cash provided by operating activities increased by $1.22 billion to $10.11 billion during the nine months ended 
  
  September 30, 2024 from $8.89 billion during the nine months ended September 30, 2023. This increase was primarily due to 
  favorable changes in net operating assets and liabilities of $1.78 billion, partially offset by a decrease in net income excluding 
  non-cash expenses, gains and losses of $558 million. 
  
  Cash Flows from Investing Activities 
  
  Net cash flows from investing activities and their variability across each period related primarily to capital expenditures, 
  
  which were $8.56 billion and $6.59 billion for the nine months ended September 30, 2024 and 2023, respectively, mainly for 
  AI-related capital expenditures, global factory expansion, machinery and equipment as we expand and enhance our product 
  roadmap. We also purchased $2.62 billion and $4.12 billion of short-term investments, net of proceeds from maturities and 
  sales, for the nine months ended September 30, 2024 and 2023, respectively. 
  
  Cash Flows from Financing Activities 
  
  Net cash flows from financing activities increased by $1.17 billion to $2.87 billion during the nine months ended 
  September 30, 2024 from $1.70 billion during the nine months ended September 30, 2023. The increase was primarily due to a 
  $1.83 billion increase in proceeds from issuances of debt, partially offset by a $896 million increase in repayments of debt. See 
  Note 7, Debt, to the consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q for further 
  details regarding our debt obligations. Additionally, there was an increase of $240 million in proceeds from exercises of stock 
  options and other stock issuances compared to the prior period. 