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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net earnings (loss) $ 1,018,640 $ 1,358,963
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
Depreciation and amortization 184,856 200,035
Stock-based compensation expense 11,389 18,153
Share of (earnings) losses of affiliates, net 7,504 2,443
Realized and unrealized (gains) losses on financial instruments, net (1,484,968) (2,019,222)
Deferred income tax expense (benefit) 388,166 511,064
Other, net 9,275 (2,910)
Change in operating assets and liabilities:    
Current and other assets (55,800) 23,012
Payables and other liabilities (1,361) (33,109)
Net cash provided (used) by operating activities 77,701 58,429
Cash flows from investing activities:    
Capital expended for property and equipment (107,247) (108,633)
Proceeds from derivative instrument   105,866
Settlement of derivative instrument   (105,866)
Other investing activities, net 25,634 6,340
Net cash provided (used) by investing activities (81,613) (102,293)
Cash flows from financing activities:    
Borrowings from GCI Liberty 30,130 4,000
Borrowings of debt   325,000
Repayment of debt, finance leases and tower obligations (6,596) (334,275)
Contributions from (distributions to) member 13,588 10,825
Other financing activities, net (3,489) (9,499)
Net cash provided (used) by financing activities 33,633 (3,949)
Net increase (decrease) in cash, cash equivalents and restricted cash 29,721 (47,813)
Cash, cash equivalents and restricted cash at beginning of period 94,922 171,516
Cash, cash equivalents and restricted cash at end of period $ 124,643 $ 123,703