Meta generated $31.9 billion in cash from operations during the quarter -- and kept just $784 million of it as free cash flow. Where the cash wentFree cash flow is operating cash flow minus capital expenditures, and Meta's capital expenditures for the quarter came to about $31.1 billion. Subtract all of it from $31.9 billion of operating cash flow, and $784 million is what remains. If cash from operations holds near recent levels, free cash flow could turn negative in the second half. Sure, free cash flow may sit near zero for a few quarters, and it could even go negative.