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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities:    
Net income $ 575,571 $ 548,759
Depreciation and amortization of intangible assets 96,319 97,084
Program amortization 526,825 463,802
Equity in earnings of affiliates (69,627) (67,110)
(Gain) loss on derivatives (47,168) 2,436
Program payments (588,052) (561,249)
Dividends received from equity investments 68,278 78,852
Deferred income taxes (43,261) (41,131)
Share-based compensation 29,443 29,659
Changes in certain working capital accounts:    
Accounts receivable, net (45,450) 29,268
Other assets 11,231 (4,523)
Accounts payable 5,154 (1,411)
Customer deposits and unearned revenue 39,743 (26,890)
Accrued / refundable income taxes 93,748 43,966
Other liabilities (15,157) (18,267)
Other, net 20,923 6,933
Cash provided by operating activities 658,520 580,178
Cash Flows from Investing Activities:    
Additions to property and equipment (32,091) (41,784)
Collections on note receivable 3,498 3,776
Purchases of long-term investments (32,584) (17,042)
Purchase of subsidiary companies, net of cash acquired (539,309)  
Foreign currency call option premium (16,000)  
Settlement on derivatives 63,305  
Other, net (36,336) (5,498)
Cash used in investing activities (589,517) (60,548)
Cash Flows from Financing Activities:    
Proceeds from debt 3,050,764 120,000
Payments on debt (1,944,525) (120,000)
Deferred loan costs (14,491)  
Extinguishment of debt 404,294  
Purchase of non-controlling interest (853,853)  
Dividends paid (89,144) (85,364)
Dividends paid to non-controlling interests (154,948) (194,856)
Repurchases of class A common shares (288,502) (800,062)
Proceeds from stock options 8,073 35,118
Other, net (266) (2,417)
Cash used in financing activities (691,186) (1,047,581)
Effect of exchange rate changes on cash and cash equivalents (8,629) (1,135)
Decrease in cash and cash equivalents (630,812) (529,086)
Cash and cash equivalents:    
Beginning of year 878,164 686,371
End of period 247,352 157,285
Supplemental Cash Flow Disclosures:    
Interest paid, excluding amounts capitalized 68,311 38,946
Income taxes paid $ 258,270 $ 228,184