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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Activities:        
Net earnings (ViacomCBS and noncontrolling interests) $ 726 $ 983 $ 1,245 $ 2,947
Net earnings from discontinued operations, net of tax 3 6 11 19
Net earnings from continuing operations 723 977 1,234 2,928
Adjustments to reconcile net earnings from continuing operations to net cash flow provided by operating activities:        
Depreciation and amortization 124 109 237 215
Deferred tax provision (benefit)     224 (535)
Stock-based compensation 57 50 145 106
Gain on sale of assets     0 (549)
Gains from investments     (32) (77)
Loss on extinguishment of debt 103 0 103 0
Equity in loss of investee companies, net of tax and distributions     22 41
Change in assets and liabilities     (782) (940)
Net cash flow provided by operating activities     1,151 1,189
Investing Activities:        
Investments     (60) (132)
Capital expenditures     (132) (142)
Acquisitions, net of cash acquired     (141) (361)
Proceeds from dispositions     146 751
Other investing activities     0 4
Net cash flow (used for) provided by investing activities     (187) 120
Financing Activities:        
Repayments of short-term debt borrowings, net     (698) (674)
Proceeds from issuance of senior notes     4,370 493
Repayment of notes and debentures     (2,535) (600)
Dividends     (301) (299)
Purchase of Company common stock     (58) (14)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation     (59) (52)
Other financing activities     (70) (81)
Net cash flow provided by (used for) financing activities     649 (1,227)
Effect of exchange rate changes on cash, cash equivalents and restricted cash     (17) 2
Net increase in cash, cash equivalents and restricted cash     1,596 84
Cash, cash equivalents and restricted cash at beginning of period (includes $202 (2020) and $120 (2019) of restricted cash)     834 976
Cash, cash equivalents and restricted cash at end of period (includes $142 (2020) and $122 (2019) of restricted cash) $ 2,430 $ 1,060 $ 2,430 $ 1,060