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Consolidated Statement Of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATIONS    
Net income $ 1,288 $ 1,285
Adjustments for noncash and nonoperating items:    
Depreciation and amortization 461 468
Amortization of film and television costs 3,832 3,111
Asset impairments 11 0
(Gain) loss on investments and other assets, net 5 (1)
Equity in losses of investee companies, net of cash distributions 40 22
Equity-based compensation 147 128
Deferred income taxes 103 (85)
Changes in operating assets and liabilities, net of acquisitions (5,019) (3,540)
Cash provided by operations from continuing operations 868 1,388
INVESTING ACTIVITIES    
Investments in available-for-sale securities (3) (6)
Investments and acquisitions, net of cash acquired (280) (536)
Capital expenditures (337) (206)
Investment proceeds from available-for-sale securities 8 0
Other investment proceeds 22 102
Cash used by investing activities from continuing operations (590) (646)
FINANCING ACTIVITIES    
Borrowings 2,023 2,204
Debt repayments (45) (1,908)
Proceeds from exercise of stock options 160 68
Excess tax benefit on stock options 17 4
Principal payments on capital leases (5) (8)
Repurchases of common stock (1,976) (1,016)
Dividends paid (514) (492)
Other financing activities (81) (66)
Cash used by financing activities from continuing operations (421) (1,214)
Cash used by continuing operations (143) (472)
Cash used by operations from discontinued operations 0 (23)
DECREASE IN CASH AND EQUIVALENTS (143) (495)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 3,663 4,733
CASH AND EQUIVALENTS AT END OF PERIOD $ 3,520 $ 4,238