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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES    
Net income $ 540 $ 584
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,136 3,297
Impairment of assets 9 32
Deferred income taxes 93 301
Provision for uncollectible accounts 128 110
Net long-term debt premium amortization (10) (30)
Share-based compensation 57 62
Changes in current assets and liabilities:    
Accounts receivable (91) (111)
Accounts payable (84) (21)
Accrued income and other taxes 250 38
Other current assets and liabilities, net 123 (130)
Retirement benefits (134) (255)
Changes in other noncurrent assets and liabilities, net (54) 66
Other, net (7) (6)
Net cash provided by operating activities 3,956 3,937
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (2,039) (2,113)
Proceeds from sale of property 29 0
Other, net (12) 0
Net cash used in investing activities (2,022) (2,113)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 990 483
Payments of long-term debt (535) (162)
Net payments on credit facility and revolving line of credit (725) (140)
Dividends paid (905) (924)
Net proceeds from issuance of common stock 11 45
Repurchase of common stock (541) (558)
Other, net (2) (2)
Net cash used in financing activities (1,707) (1,258)
Net increase in cash and cash equivalents 227 566
Cash and cash equivalents at beginning of period 128 168
Cash and cash equivalents at end of period 355 734
Supplemental cash flow information:    
Income taxes paid, net (54) (21)
Interest paid (net of capitalized interest of $41 and $34) $ (914) $ (934)