XML 54 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows provided by (used in) Operating activities:      
Net income (loss) $ 109 $ (1,250) $ 60
Net (income) loss from discontinued operations (26) 377 (116)
Net income (loss) from continuing operations 83 (873) (56)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Impairment losses including inventory 17 651  
Depreciation and amortization 376 439 152
Amortization of debt issuance costs and other noncash interest expense 11 9 3
Stock-based compensation expense 20 20 23
Loss from early extinguishment of debt 22   23
Gain on sale of assets (136) (33)  
Deferred income tax expense (benefit)   (48) (169)
Equity in (income) loss from joint ventures, net of tax (11) (2) 1
Other 7 28 (5)
Changes in operating assets and liabilities:      
Trade and other receivables (20) (19) 56
Accounts payables and accrued liabilities 7 113 (7)
Contract liabilities (117) (158) (15)
Other (1) (13) 50
Cash provided by operating activities - continuing operations 258 114 56
Cash provided by operating activities - discontinued operations 59 25 49
Cash provided by operating activities 317 139 105
Investing activities:      
Purchase of property, plant and equipment and development or purchase of software (314) (206) (59)
Sale of assets 280 68  
Cash collected on note receivable   5  
Cash paid for acquisitions, net of tax     (2,273)
Disposal of subsidiary and short-term investments   4  
Return of capital from discontinued operations 28    
Cash used in investing activities - continuing operations (6) (129) (2,332)
Cash used in investing activities - discontinued operations (7) (21) (9)
Cash used in investing activities (13) (150) (2,341)
Financing activities:      
Net (payment) proceeds of revolving credit facility (595)   3,160
Net proceeds from issuance of 2023 Notes and other long-term debt 980 104  
Repayments of long-term debt (520) (24) (779)
Payment of debt issuance costs (4) (3)  
Refinancing fees paid to creditors (20)   (63)
Repurchase of orbital receivables (24)    
Settlement of securitization liability (20) (15) (15)
Proceeds from securitization of orbital receivables   18  
Payment of dividends (2) (65) (47)
Other (3)   1
Cash (used in) provided by financing activities - continuing operations (208) 15 2,257
Cash used in financing activities - discontinued operations (30) (2) (22)
Cash (used in) provided by financing activities (238) 13 2,235
Increase in cash, cash equivalents, and restricted cash 66 2 (1)
Effect of foreign exchange on cash, cash equivalents, and restricted cash   (1) 4
Cash, cash equivalents, and restricted cash, beginning of year 43 42 39
Cash, cash equivalents, and restricted cash, end of year $ 109 $ 43 $ 42