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Additional Financial Information
 9 Months Ended
Sep. 30, 2018
Additional Financial Information [Abstract]  
Additional Financial Information [Text Block]

NOTE 11. ADDITIONAL FINANCIAL INFORMATION

Cash and Cash Flows

We typically maintain our restricted cash balances for purchases and sales of certain investment securities and funding of certain deferred compensation benefit payments. The following summarizes cash and cash equivalents and restricted cash balances contained on our consolidated balance sheets:

September 30,December 31,
Cash and Cash Equivalents and Restricted Cash2018201720172016
Cash and cash equivalents$8,657$48,499$50,498$5,788
Restricted cash in Other current assets56667
Restricted cash in Other Assets75241428140
Cash and cash equivalents and restricted cash$8,788$48,746$50,932$5,935

Nine months ended
September 30,
Consolidated Statements of Cash Flows20182017
Cash paid (received) during the period for:
Interest$6,943$5,031
Income taxes, net of refunds(537)1,861

Debt Transactions

As of September 30, 2018, our total long-term debt obligations totaled $183,418. During the first nine months we completed the following debt activity:

  • For the purpose of providing financing in connection with our Time Warner acquisition, we drew the following on our credit agreements: $16,175 with JPMorgan Chase Bank, N.A, $2,500 with BNP Paribas and $2,250 with Bank of Nova Scotia. As of September 30, 2018, we had $6,175, $0, and $2,250 outstanding under these credit agreements.
  • Issuance of approximately $5,250 U.S. dollar denominated floating rate notes maturing over three to six years, and other borrowings totaling $6,925.
  • Net borrowings of approximately $3,732 of debt under our commercial paper program.
  • Net borrowings of approximately $1,000 by subsidiaries in Latin America.
  • Redemptions totaling approximately $4,550 for AT&T notes that matured prior to September 30, 2018.
  • Redemption of $21,235 of AT&T notes issued in anticipation of the Time Warner acquisition that were subject to mandatory redemption.
  • With the acquisition of Time Warner, we acquired $22,865 of debt, of which we repaid $2,000 for amounts outstanding under term credit agreements, $2,000 of notes and $1,076 of commercial paper borrowings.