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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES    
Net income (loss) $ 934 $ 635
Adjustments to reconcile net income to cash used in operating activities    
Depreciation and amortization 202 172
Amortization of cable distribution investments 8 9
Equity-based compensation 32 47
Other, net 3 142
Deferred income taxes 152 143
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (952) (940)
Inventories net of programming payable (420) (494)
Accounts payable and accrued expenses (152) (214)
Other changes, net (68) (156)
Net cash used in operating activities (261) (656)
INVESTING ACTIVITIES    
Property, plant and equipment (153) (121)
Acquisitions, net of cash acquired 0 (229)
Proceeds from dispositions, net 0 82
Purchase of investments (50) (28)
Other investing activities, net (18) 0
Net cash used in investing activities (221) (296)
FINANCING ACTIVITIES    
Repurchase of shares (500) (497)
Dividends paid and distributions (155) (150)
Sale of subsidiary noncontrolling interest 25 0
Other financing activities, net (30) (32)
Net cash used in financing activities (660) (679)
Net decrease in cash and cash equivalents (1,142) (1,631)
Cash and cash equivalents, beginning of year 5,200 5,886
Cash and cash equivalents, end of period $ 4,058 $ 4,255