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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 227 $ 115
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 516 524
Bad debts expense 52 77
Stock-based compensation expense 25 32
Deferred income taxes, net 158 (34)
Equity in earnings of unconsolidated entities (137) (128)
Distributions from unconsolidated entities 118 99
(Gain) loss on asset disposals, net 14 13
(Gain) loss on sale of business and other exit costs, net 0 (1)
(Gain) loss on investments (3) 0
Other operating activities 1 3
Changes in assets and liabilities from operations    
Accounts receivable 31 (35)
Equipment installment plans receivable 13 (42)
Inventory 5 3
Accounts payable 77 (4)
Customer deposits and deferred revenues (23) (1)
Accrued taxes (102) 81
Accrued interest 14 9
Other assets and liabilities (36) (24)
Net cash provided by operating activities 950 687
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (690) (439)
Cash paid for licenses (169) (257)
Cash received from investments 1 29
Cash paid for investments (1) (11)
Cash received from divestitures and exchanges 1 32
Other investing activities 3 (1)
Net cash used in investing activities (855) (647)
Cash flows from financing activities    
Issuance of long-term debt 625 0
Repayment of long-term debt (6) (14)
Common Shares reissued for benefit plans, net of tax payments (12) (8)
Repurchase of Common Shares (23) (21)
Payment of debt issuance costs (20) (1)
Distributions to noncontrolling interests (2) (3)
Other financing activities 0 (1)
Net cash provided by (used in) financing activities 562 (48)
Net increase (decrease) in cash, cash equivalents and restricted cash 657 (8)
Cash, cash equivalents and restricted cash    
Beginning of period 291 583
End of period $ 948 $ 575