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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES    
Net income $ 335 $ 396
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,088 2,200
Impairment of assets 8 32
Deferred income taxes 53 208
Provision for uncollectible accounts 84 63
Net long-term debt premium amortization (8) (21)
Share-based compensation 38 42
Changes in current assets and liabilities:    
Accounts receivable (51) (72)
Accounts payable (112) 75
Accrued income and other taxes 120 (11)
Other current assets and liabilities, net (50) (356)
Retirement benefits (19) (102)
Changes in other noncurrent assets and liabilities, net (11) 66
Other, net 6 (11)
Net cash provided by operating activities 2,481 2,509
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (1,272) (1,401)
Proceeds from sale of intangible assets or property 26 0
Other, net (12) (18)
Net cash used in investing activities (1,258) (1,419)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 594 0
Payments of long-term debt (506) (121)
Net (payments) borrowings on credit facility and revolving line of credit (405) 120
Dividends paid (609) (616)
Net proceeds from issuance of common stock 9 32
Repurchase of common stock (277) (493)
Other, net (2) 1
Net cash used in financing activities (1,196) (1,077)
Net increase in cash and cash equivalents 27 13
Cash and cash equivalents at beginning of period 128 168
Cash and cash equivalents at end of period 155 181
Supplemental cash flow information:    
Income taxes paid, net (41) (23)
Interest paid (net of capitalized interest of $29 and $22) $ (654) $ (672)