XML 33 R21.htm IDEA: XBRL DOCUMENT v3.22.2.2
Additional Financial Information
 9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Additional Financial Information
NOTE 12. 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 table summarizes cash and cash equivalents and restricted cash balances contained on our consolidated balance sheets:
 September 30,December 31,
 2022202120212020
Cash and cash equivalents from continuing operations$2,423 $18,485 $19,223 $7,924 
Cash and cash equivalents from discontinued operations— 2,785 1,946 1,816 
Restricted cash in Prepaid and other current assets1 2 3 9 
Restricted cash in Other Assets70 133 144 121 
Cash and Cash Equivalents and Restricted Cash$2,494 $21,405 $21,316 $9,870 
The following table summarizes cash paid during the periods for interest and income taxes:
Nine months ended
 September 30,
Cash paid (received) during the period for:20222021
Interest$5,981 $5,931 
Income taxes, net of refunds400 215 
The following table summarizes capital expenditures:
Nine months ended
September 30,
20222021
Purchase of property and equipment$15,273 $11,919 
Interest during construction - capital expenditures1
124 132 
Total Capital Expenditures $15,397 $12,051 
The following table summarizes acquisitions, net of cash acquired:
Nine months ended
September 30,
20222021
Business acquisitions$— $— 
Spectrum acquisitions9,076 23,017 
Interest during construction - spectrum1
883 516 
Total Acquisitions$9,959 $23,533 
1 Total capitalized interest was $1,007 and $648 for the nine months ended September 30, 2022 and 2021, respectively.

Noncash Investing and Financing Activities In connection with capital improvements and the acquisition of other productive assets, we negotiate favorable payment terms (referred to as vendor financing), which are reported as financing activities in our statements of cash flows when paid. For the nine months ended September 30, 2022 and 2021, we recorded vendor financing commitments related to capital investments of approximately $3,916 and $3,624, respectively.

Total vendor financing payables included in our September 30, 2022 consolidated balance sheet were approximately $4,635, with $3,105 due within one year (in “Accounts payable and accrued liabilities”) and the remainder predominantly due within two to five years (in “Other noncurrent liabilities”).
Debt Transactions At September 30, 2022, our debt obligations totaled $133,480. Our debt activity primarily consisted of the following:
First
Quarter		Second
Quarter		Third
Quarter		Nine months ended September 30, 2022
Net commercial paper borrowings$1,471 $(5,219)$(724)$(4,472)
Issuance of Notes and Debentures:
Private financing$— $—$750$750 
Other479 — — 479 
Debt Issuances$479 $—$750$1,229 
Repayments:
2021 Syndicated Term Loan$— $(7,350)$— $(7,350)
BAML Bilateral Term Loan – Tranche A— (1,000)— (1,000)
Private financing— (750)— (750)
Repayment of other short-term borrowings$—$(9,100)$—$(9,100)
USD notes1,2,3
$(123)$(18,957)$— $(19,080)
Euro notes— (3,343)— (3,343)
BAML Bilateral Term Loan – Tranche B— (1,000)— (1,000)
Other(667)(123)(199)(989)
Repayments of long-term debt$(790)$(23,423)$(199)$(24,412)
1On March 31, 2022, we issued a notice for the redemption in full of all of the outstanding $1,962 aggregate principal amount of 3.000% Global Notes due June 30, 2022. We redeemed the notes on April 30, 2022 at 100% of the principal amount.
2On April 11, 2022, we issued notices for the redemption in full of all of the outstanding approximately $9,042 aggregate principal amount of various global notes due 2022 to 2026 with coupon rates ranging from 2.625% to 4.450% (Make-Whole Notes). The Make-Whole Notes were redeemed on the redemption dates set forth in the notices of redemption, at “make whole” redemption prices calculated as set forth in the respective redemption notices in the second quarter.
3Includes $7,954 of cash paid toward the $8,822 aggregate principal amount of various notes that were tendered for cash in May 2022. The notes had interest rates ranging between 3.100% and 8.750% and original maturities ranging from 2026 to 2061.