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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 922 $ 722
Less: income from discontinued operations, net of tax 0 (11)
Income from continuing operations 922 711
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 276 244
Stock-based compensation 79 73
Deferred taxes (63) (57)
Amortization of Debt Discount (Premium) (23) (42)
Other (16) (24)
Changes in assets and liabilities:    
Customer accounts receivable (62) (121)
Prepaid expenses and other current assets (20) 75
Income taxes payable (106) (56)
Deferred revenue 131 137
Other current and non-current liabilities (228) (18)
Total adjustments (32) 211
Net cash provided by operating activities from continuing operations 890 922
Investing activities    
Capital expenditures (125) (105)
Capitalized software development costs (67) (56)
Proceeds from Divestiture of Interest in Consolidated Subsidiaries 0 2,155
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 54
Purchases of term deposits and available-for-sale investments 0 1,304
Increase in restricted cash and investments 14 (105)
Net cash provided by investing activities from continuing operations 846 489
Financing activities    
Repayments of debt 681 768
Dividends to shareholders (242) (225)
Payments relating to treasury shares received for restricted stock tax payments and stock option exercises (42) (39)
Proceeds from exercise of common stock options 14 10
Repurchases of common stock (605) (448)
Distributions of profits to non-controlling interest (24) (31)
Purchase of subsidiary shares from non-controlling interest 128 129
Proceeds from (Payments for) Other Financing Activities 16 12
Net cash used in financing activities from continuing operations (1,692) (1,618)
Cash Provided by (Used in) Operating Activities, Discontinued Operations 0 51
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 (9) (2)
Net increase (decrease) in cash and cash equivalents 35 (323)
Cash and cash equivalents, beginning of period 652 961
Cash and cash equivalents, end of period 687 638
Supplemental cash flow disclosure    
Cash paid for income taxes 419 265
Cash paid for interest $ 90 $ 107