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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net income $ 44 $ 40
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 126 150
Unrealized gains and remeasurement of foreign denominated loans (1) (2)
Deferred income taxes (12) (10)
Loss on extinguishment of debt 32 4
Net loss on divestitures and investments 6 3
Gain on sale of real estate   (19)
Non-cash interest expense 5 5
Equity-based compensation expense 17 4
Changes in operating assets and liabilities:    
Accounts receivable (41) 25
Inventories 3 (1)
Royalty advances 1 (21)
Accounts payable and accrued liabilities (43) (41)
Royalty payables 75 35
Accrued interest 7 (5)
Deferred revenue (4) 2
Other balance sheet changes 11 3
Net cash (used in) provided by operating activities 226 172
Cash flows from investing activities    
Acquisition of music publishing rights, net (6) (12)
Capital expenditures (18) (23)
Investments and acquisitions of businesses, net (6) (8)
Divestitures, net 18 6
Proceeds from the sale of real estate   42
Net cash (used in) provided by investing activities (12) 5
Cash flows from financing activities    
Proceeds from issuance of Acquisition Corp. Senior Term Loan Facility 22  
Repayment of Acquisition Corp. Senior Term Loan Facility   (6)
Call premiums paid on early redemption of debt (27) (3)
Deferred financing costs paid (12)  
Distribution to noncontrolling interest holder (1) (3)
Dividends paid (54)  
Repayment of capital lease obligations   (14)
Net cash (used in) provided by financing activities (93) (100)
Effect of exchange rate changes on cash and equivalents (4) (7)
Net increase in cash and equivalents 117 70
Cash and equivalents at beginning of period 359 246
Cash and equivalents at end of period 476 316
4.125% Senior Secured Notes    
Cash flows from financing activities    
Proceeds from issuance of Acquisition Corp 380  
4.875% Senior Secured Notes    
Cash flows from financing activities    
Proceeds from issuance of Acquisition Corp 250  
6.00% Senior Secured Notes    
Cash flows from financing activities    
Repayment of Senior Secured Notes (450)  
6.25% Senior Secured Notes    
Cash flows from financing activities    
Repayment of Senior Secured Notes (173)  
5.625% Senior Secured Notes    
Cash flows from financing activities    
Repayment of Senior Secured Notes $ (28)  
13.75% Senior Notes    
Cash flows from financing activities    
Repayment of Senior Notes   (50)
6.75% Senior Notes    
Cash flows from financing activities    
Repayment of Senior Notes   $ (24)