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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net earnings (loss) $ 1,767.3 $ (1,049.5) $ (647.4)
Earnings from discontinued operation 0.0 0.0 (333.5)
Earnings (loss) from continuing operations 1,767.3 (1,049.5) (980.9)
Adjustments to reconcile earnings (loss) from continuing operations to net cash provided by operating activities:      
Share-based compensation expense 296.9 318.2 257.2
Depreciation and amortization (note 9) 5,801.1 5,825.8 5,500.1
Impairment, restructuring and other operating items, net 348.5 174.1 536.8
Amortization of deferred financing costs and non-cash interest 67.9 80.8 84.3
Realized and unrealized gains on derivative instruments, net (845.1) (847.2) (88.8)
Foreign currency transaction losses, net 290.0 1,149.2 836.5
Realized and unrealized losses (gains) due to changes in fair values of certain investments and debt, including impact of dividends 477.0 (121.4) (203.7)
Losses on debt modification and extinguishment, net 237.2 388.0 186.2
Gain on Dutch JV Transaction (520.8) 0.0 0.0
Deferred income tax benefit (1,520.0) (50.1) (350.6)
Excess tax benefits from share-based compensation (4.4) (26.7) (7.0)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions:      
Receivables and other operating assets 457.9 566.5 860.5
Payables and accruals (918.0) (701.9) (1,017.8)
Net cash used by operating activities of discontinued operation 0.0 0.0 (9.6)
Net cash provided by (used by) operating activities 5,935.5 5,705.8 5,603.2
Cash flows from investing activities:      
Capital expenditures (2,644.3) (2,499.5) (2,684.4)
Cash paid in connection with acquisitions, net of cash acquired (1,384.5) (385.8) (73.3)
Sale of investments 147.3 0.0 0.0
Investments in and loans to affiliates and others (140.9) (999.6) (1,016.6)
Proceeds received upon disposition of discontinued operation, net of disposal costs 0.0 0.0 988.5
Other investing activities, net 104.7 55.5 (13.8)
Net cash used by investing activities of discontinued operation, including deconsolidated cash 0.0 0.0 (3.8)
Net cash provided by (used by) investing activities (3,917.7) (3,829.4) (2,803.4)
Cash flows from financing activities:      
Borrowings of debt 13,680.8 15,230.4 9,572.4
Repayments and repurchases of debt and capital lease obligations (12,544.4) (13,881.4) (11,316.1)
Repurchase of Liberty Global ordinary shares (1,968.3) (2,320.5) (1,584.9)
Payment of financing costs and debt premiums (253.9) (423.3) (379.8)
Net cash paid related to derivative instruments (251.5) (301.2) (221.0)
Change in cash collateral 106.3 (56.1) (58.7)
Change in cash collateral 0.0 (142.4) (260.7)
Other financing activities, net (154.7) (143.3) (11.3)
Net cash used by financing activities of discontinued operation 0.0 0.0 (1.2)
Net cash used by financing activities (1,385.7) (2,037.8) (4,261.3)
Effect of exchange rate changes on cash – continuing operations 15.0 (15.0) (81.9)
Net increase (decrease) in cash and cash equivalents:      
Continuing operations 647.1 (176.4) (1,528.8)
Discontinued operation 0.0 0.0 (14.6)
Net increase (decrease) in cash and cash equivalents 647.1 (176.4) (1,543.4)
Cash and cash equivalents:      
Beginning of year 982.1 1,158.5 2,701.9
End of year 1,629.2 982.1 1,158.5
Cash paid for interest – continuing operations 2,608.0 2,170.4 2,376.7
Net cash paid for taxes:      
Continuing operations 440.7 236.3 97.3
Discontinued operation 0.0 0.0 2.2
Total $ 440.7 $ 236.3 $ 99.5