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CSC HOLDINGS - CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 315,681 $ 479,473
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization (including impairments) 881,474 879,184
Loss (gain) on derivative contracts, net (320,188) 152,405
Gain (Loss) on Extinguishment of Debt 0 51,712
Amortization of deferred financing costs and discounts (premiums) on indebtedness 41,150 45,917
Share-based compensation expense 77,061 55,927
Deferred income taxes (57,720) 98,769
Operating Lease, Right-of-Use Asset, Amortization Expense 22,139 21,691
Provision for doubtful accounts 36,839 28,154
Other (321) 4,344
Change in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable, trade (790) 13,078
Prepaid expenses and other assets 6,689 31,631
Amounts due from and due to affiliates (6,057) 6,505
Accounts payable and accrued liabilities (1,527) (117,467)
Deferred revenue (1,906) 5,782
Liabilities related to interest rate swap contracts (192,344) (79,468)
Net cash provided by operating activities 1,276,554 1,479,165
Cash flows from investing activities:    
Capital expenditures (877,497) (535,895)
Payments for acquisitions, net of cash acquired 0 (340,570)
Other, net (610) (1,074)
Net cash used in investing activities (878,107) (877,539)
Cash flows from financing activities:    
Proceeds from long-term debt 460,000 3,160,000
Repayment of long-term debt (758,861) (3,057,469)
Proceeds from collateralized indebtedness and related derivative contracts, net 0 185,105
Repayment of collateralized indebtedness and related derivative contracts, net 0 (185,105)
Principal payments on finance lease obligations (62,221) (37,560)
Other 0 1,339
Net cash used in financing activities (361,082) (659,208)
Net increase (decrease) in cash and cash equivalents 37,365 (57,582)
Net increase (decrease) in cash and cash equivalents 37,255 (57,103)
Cash, cash equivalents and restricted cash at beginning of year 195,975 278,686
Cash, cash equivalents and restricted cash at end of period 233,230 221,583
Gain (loss) on investments (476,374) 198,472
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (110) 479
CSC Holdings    
Cash flows from operating activities:    
Net income 315,681 481,770
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization (including impairments) 881,474 879,184
Loss (gain) on derivative contracts, net (320,188) 152,405
Gain (Loss) on Extinguishment of Debt 0 51,712
Amortization of deferred financing costs and discounts (premiums) on indebtedness 41,150 45,917
Share-based compensation expense 77,061 55,927
Deferred income taxes (57,720) 87,021
Operating Lease, Right-of-Use Asset, Amortization Expense 22,139 21,691
Provision for doubtful accounts 36,839 28,154
Other (321) 4,344
Change in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable, trade (790) 13,078
Prepaid expenses and other assets 6,689 31,844
Amounts due from and due to affiliates (6,057) (13,903)
Accounts payable and accrued liabilities (1,527) (117,226)
Deferred revenue (1,906) 5,782
Liabilities related to interest rate swap contracts (192,344) (79,468)
Net cash provided by operating activities 1,276,554 1,449,760
Cash flows from investing activities:    
Capital expenditures (877,497) (535,895)
Payments for acquisitions, net of cash acquired 0 (340,570)
Other, net (610) (1,074)
Net cash used in investing activities (878,107) (877,539)
Cash flows from financing activities:    
Proceeds from long-term debt 460,000 3,160,000
Repayment of long-term debt (758,861) (3,057,469)
Proceeds from collateralized indebtedness and related derivative contracts, net 0 185,105
Repayment of collateralized indebtedness and related derivative contracts, net 0 (185,105)
Distributions to parent 0 685,478
Principal payments on finance lease obligations (62,221) (37,560)
Other 0 (9,024)
Net cash used in financing activities (361,082) (629,531)
Net increase (decrease) in cash and cash equivalents 37,365 (57,310)
Net increase (decrease) in cash and cash equivalents 37,255 (56,831)
Cash, cash equivalents and restricted cash at beginning of year 193,418 278,202
Cash, cash equivalents and restricted cash at end of period 230,673 221,371
Gain (loss) on investments (476,374) 198,472
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ (110) $ 479