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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 832 $ 415
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation and amortization 91 96
Amortization of cable distribution investments 4 4
Restructuring, impairment and other corporate matters 26 (9)
Equity-based compensation 34 24
Equity earnings of affiliates (3) (1)
Non-operating other, net (233) 176
Deferred income taxes 103 47
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (397) (284)
Inventories net of programming payable (303) (253)
Accounts payable and accrued expenses (110) (187)
Other changes, net 114 (27)
Net cash provided by operating activities 158 1
INVESTING ACTIVITIES    
Property, plant and equipment (64) (71)
Other investing activities, net (14) 13
Net cash used in investing activities (78) (58)
FINANCING ACTIVITIES    
Repurchase of shares (250) (250)
Dividends paid and distributions (131) (135)
Other financing activities, net 34 (1)
Net cash used in financing activities (347) (386)
Net decrease in cash and cash equivalents (267) (443)
Cash and cash equivalents, beginning of year 4,319 4,272
Cash and cash equivalents, end of period $ 4,052 $ 3,829