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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net income $ 612 $ 509
Less: income from discontinued operations, net of tax 0 (21)
Income from continuing operations 612 488
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 182 161
Stock-based compensation 47 49
Deferred taxes (38) (28)
Amortization of increase in fair market value of NYSE Notes (23) (28)
Other (17) (19)
Changes in assets and liabilities:    
Customer accounts receivable (91) (107)
Prepaid expenses and other current assets (25) 46
Income taxes payable 31 69
Deferred revenue 237 226
Other current and non-current liabilities (145) (21)
Total adjustments 158 348
Net cash provided by operating activities from continuing operations 770 836
Investing activities    
Capital expenditures (92) (58)
Capitalized software development costs (44) (40)
Proceeds from Divestiture of Interest in Consolidated Subsidiaries 0 1,984
Cash paid for acquisitions, net of cash acquired 0 (150)
Cash paid for equity method investment (60) 0
Proceeds from sales of available-for-sale investments 1,084 26
Increase in restricted cash and investments 11 (111)
Net cash provided by investing activities from continuing operations 899 1,651
Financing activities    
Repayments of debt 918 1,090
Dividends to shareholders (158) (151)
Payments relating to treasury shares received for restricted stock tax payments and stock option exercises (39) (37)
Proceeds from exercise of common stock options 10 5
Repurchases of common stock (399) 0
Distributions of profits to non-controlling interest (17) (19)
Purchase of subsidiary shares from non-controlling interest 128 0
Other 14 7
Net cash used in financing activities from continuing operations (1,635) (1,285)
Cash Provided by (Used in) Operating Activities, Discontinued Operations 0 55
Cash Provided by (Used in) Investing Activities, Discontinued Operations 0 (504)
Cash Provided by (Used in) Financing Activities, Discontinued Operations 0 339
Effect of exchange rate changes on cash and cash equivalents (8) 4
Net increase (decrease) in cash and cash equivalents 26 1,096
Cash and cash equivalents, beginning of period 652 961
Cash and cash equivalents, end of period 678 2,057
Supplemental cash flow disclosure    
Cash paid for income taxes 233 215
Cash paid for interest $ 89 $ 101