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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (51) $ 744
Adjustments to reconcile net income (loss) to net cash generated from (used in) operating activities:    
Depreciation and amortization 290 301
Amortization of leasehold interests in land 14 9
Amortization of deferred financing costs and original issue discount 10 8
Amortization of deferred gain on mall sale transactions (1) (1)
Loss on disposal or impairment of assets 4 5
Stock-based compensation expense 7 9
Provision for credit losses 18 4
Foreign exchange (gain) loss (39) 22
Deferred income taxes (4) 1
Changes in operating assets and liabilities:    
Accounts receivable 166 (15)
Other assets (48) (4)
Accounts payable (66) (26)
Other liabilities (670) (237)
Net cash generated from (used in) operating activities (370) 820
Cash flows from investing activities:    
Capital expenditures (320) (240)
Proceeds from disposal of property and equipment 1 0
Net cash used in investing activities (319) (240)
Cash flows from financing activities:    
Proceeds from exercise of stock options 16 14
Repurchase of common stock 0 (174)
Dividends paid and noncontrolling interest payments (911) (903)
Repayments of long-term debt (16) (26)
Payments of financing costs (3) 0
Net cash used in financing activities (914) (1,089)
Effect of exchange rate on cash, cash equivalents and restricted cash (21) (4)
Decrease in cash, cash equivalents and restricted cash (1,624) (513)
Cash, cash equivalents and restricted cash at beginning of period 4,242 4,661
Cash, cash equivalents and restricted cash at end of period 2,618 4,148
Supplemental disclosure of cash flow information:    
Cash payments for interest, net of amounts capitalized 180 159
Cash payments for taxes, net of refunds 27 40
Change in construction payables $ (31) $ 1