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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net income (loss) $ 878 $ 772 $ (239)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 4,189 4,428 4,541
Impairment of goodwill (Note 2) 0 0 1,092
Impairment of assets 9 32 0
Deferred income taxes 350 291 391
Provision for uncollectible accounts 177 159 152
Gain on sale of intangible assets 0 0 (32)
Net long-term debt issuance costs and premium amortization (3) (21) (46)
Net gain on early retirement of debt 0 0 (10)
Share-based compensation 73 79 71
Changes in current assets and liabilities:      
Accounts receivable (132) (163) (212)
Accounts payable (168) 70 (76)
Accrued income and other taxes 32 (84) 28
Other current assets and liabilities, net (53) (270) 263
Retirement benefits (141) (184) (342)
Changes in other noncurrent assets and liabilities, net (78) 99 8
Other, net 19 (20) (30)
Net cash provided by operating activities 5,152 5,188 5,559
INVESTING ACTIVITIES      
Payments for property, plant and equipment and capitalized software (2,872) (3,047) (3,048)
Cash paid for acquisitions 4 93 160
Proceeds from sale of property and intangible assets 31 63 80
Other, net (8) 0 (20)
Net cash used in investing activities (2,853) (3,077) (3,148)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 989 483 2,481
Repayments of long-term debt (966) (800) (2,010)
Net payments on credit facility and revolving line of credit (315) (4) (95)
Early retirement of debt costs (1) 0 (31)
Dividends paid (1,198) (1,228) (1,301)
Net proceeds from issuance of common stock 11 50 73
Repurchase of common stock (819) (650) (1,586)
Other, net (2) (2) 15
Net cash used in financing activities (2,301) (2,151) (2,454)
Net decrease in cash and cash equivalents (2) (40) (43)
Cash and cash equivalents at beginning of period 128 168 211
Cash and cash equivalents at end of period 126 128 168
Supplemental cash flow information:      
Income taxes paid, net (63) (27) (48)
Interest paid (net of capitalized interest of $52, $47 and $41) $ (1,310) $ (1,338) $ (1,333)