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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES    
Net income (loss) $ 314 $ (6,165)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,160 1,188
Impairment of goodwill and other assets 2 6,508
Deferred income taxes 105 126
Provision for uncollectible accounts 35 46
Net loss (gain) on early retirement of debt 79 (9)
Share-based compensation 69 33
Changes in current assets and liabilities:    
Accounts receivable 60 5
Accounts payable (115) (239)
Accrued income and other taxes (16) 45
Other current assets and liabilities, net (366) (336)
Retirement benefits (25) (14)
Changes in other noncurrent assets and liabilities, net (14) (4)
Other, net 11 (2)
Net cash provided by operating activities 1,299 1,182
INVESTING ACTIVITIES    
Capital expenditures (974) (931)
Proceeds from sale of property, plant and equipment and other assets 35 25
Net cash used in investing activities (939) (906)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 1,237 0
Payments of long-term debt (2,488) (153)
Net proceeds from revolving line of credit 1,125 145
Dividends paid (291) (285)
Other, net (69) (27)
Net cash used in financing activities (486) (320)
Net decrease in cash, cash equivalents and restricted cash (126) (44)
Cash, cash equivalents and restricted cash at beginning of period 1,717 518
Cash, cash equivalents and restricted cash at end of period 1,591 474
Supplemental cash flow information:    
Income taxes paid, net (6) (7)
Interest paid (net of capitalized interest of $23 and $15) (383) (480)
Total $ 1,591 $ 474