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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net earnings (loss) $ (263.6) $ (931.6)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation expense 143.6 128.0
Depreciation and amortization 2,988.5 2,929.2
Impairment, restructuring and other operating items, net 214.7 42.7
Amortization of deferred financing costs and non-cash interest accretion 39.1 34.2
Realized and unrealized losses (gains) on derivative instruments, net (543.3) 61.2
Foreign currency transaction losses (gains), net (40.9) 695.2
Realized and unrealized losses (gains) due to changes in fair values of certain investments and debt, including impact of dividends 644.6 (261.1)
Losses on debt modification and extinguishment, net 23.9 348.3
Deferred income tax benefit (196.4) (142.7)
Excess tax benefit from share-based compensation (3.2) (17.9)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions (340.4) (199.7)
Net cash provided by operating activities 2,666.6 2,685.8
Cash flows from investing activities:    
Cash paid in connection with acquisitions, net of cash acquired (1,325.8) (279.3)
Capital expenditures (1,276.1) (1,262.4)
Investments in and loans to affiliates and others (44.6) (161.4)
Other investing activities, net 78.5 11.0
Net cash used by investing activities (2,568.0) (1,692.1)
Cash flows from financing activities:    
Borrowings of debt 6,174.5 11,192.3
Repayments and repurchases of debt and capital lease obligations (5,189.0) (10,717.8)
Repurchase of Liberty Global ordinary shares (717.5) (908.1)
Change in cash collateral 117.7 61.8
Payment of financing costs and debt premiums (89.4) (356.5)
Net cash paid related to derivative instruments (43.3) (303.3)
Net cash received (paid) associated with call option contracts on Liberty Global ordinary shares 9.2 (121.2)
Purchase of additional shares of subsidiaries 0.0 (142.2)
Other financing activities, net (94.2) (37.5)
Net cash provided (used) by financing activities 168.0 (1,332.5)
Effect of exchange rate changes on cash 37.6 (0.2)
Net increase (decrease) in cash and cash equivalents 304.2 (339.0)
Cash and cash equivalents:    
Beginning of period 982.1 1,158.5
End of period 1,286.3 819.5
Cash paid for interest 1,276.8 1,138.2
Net cash paid for taxes $ 246.7 $ 167.3