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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net income $ 453 $ 534
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 20 21
Amortization of intangibles 32 24
Provision for losses on accounts receivable 7 8
Deferred income taxes 10 15
Stock-based compensation 12 13
Pension settlement charge, net of taxes 85 0
Other 8 1
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable (87) 7
Prepaid and other current assets (34) (21)
Accounts payable and accrued expenses (161) (289)
Unearned revenue (3) 27
Accrued legal settlements (1) (29)
Other current liabilities (59) 19
Net change in prepaid/accrued income taxes 75 74
Net change in other assets and liabilities (64) (44)
Cash provided by operating activities 293 360
Investing Activities:    
Capital expenditures (20) (33)
Acquisitions, net of cash acquired (1) (57)
Changes in short-term investments 0 3
Cash used for investing activities (21) (87)
Financing Activities:    
Dividends paid to shareholders (141) (127)
Distributions to noncontrolling interest holders, net (18) (50)
Repurchase of treasury shares (644) (1,100)
Exercise of stock options 23 10
Employee withholding tax on share-based payments (49) (49)
Cash used for financing activities (829) (1,316)
Effect of exchange rate changes on cash 35 20
Net change in cash, cash equivalents, and restricted cash (522) (1,023)
Cash, cash equivalents, and restricted cash at beginning of period 1,958 2,779
Cash, cash equivalents, and restricted cash at end of period $ 1,436 $ 1,756