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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES    
Net income $ 613 $ 708
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation and amortization 99 79
Amortization of cable distribution investments 4 5
Equity-based compensation 7 15
Other, net 76 (69)
Deferred income taxes 104 168
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (260) (174)
Inventories net of programming payable (333) (499)
Accounts payable and accrued expenses (127) (171)
Other changes, net 87 (33)
Net cash provided by operating activities 270 29
INVESTING ACTIVITIES    
Property, plant and equipment (74) (53)
Acquisitions, net of cash acquired 0 (75)
Proceeds from dispositions, net 0 82
Purchase of investments (31) (29)
Other investing activities, net (13) 0
Net cash used in investing activities (118) (75)
FINANCING ACTIVITIES    
Repurchase of shares (250) (250)
Dividends paid and distributions (147) (150)
Sale of subsidiary noncontrolling interest 25 0
Other financing activities, net (30) (29)
Net cash used in financing activities (402) (429)
Cash and cash equivalents, beginning of year 5,200 5,886
Net decrease in cash and cash equivalents (250) (475)
Cash and cash equivalents, end of period $ 4,950 $ 5,411