XML 27 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 35 $ 160 $ 233
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities      
Depreciation, amortization and accretion 700 678 683
Bad debts expense 132 56 72
Stock-based compensation expense 24 27 32
Deferred income taxes, net 33 41 130
Equity in earnings of unconsolidated entities (158) (179) (179)
Distributions from unconsolidated entities 145 176 189
Loss on impairment of licenses 3 0 0
(Gain) loss on asset disposals, net 19 23 25
(Gain) loss on sale of business and other exit costs, net (1) (2) 0
(Gain) loss on license sales and exchanges, net 0 0 (5)
(Gain) loss on investments 0 0 (2)
Other operating activities 9 33 2
Changes in assets and liabilities from operations      
Accounts receivable (59) (27) (8)
Equipment installment plans receivable (199) (116) (54)
Inventory (88) (27) 16
Accounts payable 12 (57) 145
Customer deposits and deferred revenues 47 40 2
Accrued taxes 121 (41) (57)
Other assets and liabilities 57 17 13
Net cash provided by operating activities 832 802 1,237
Cash flows from investing activities      
Cash paid for additions to property, plant and equipment (602) (724) (989)
Cash paid for licenses (585) (1,302) (171)
Cash received from divestitures and exchanges 8 3 26
Advance payments for license acquisitions 0 (20) (30)
Other investing activities 0 7 1
Net cash used in investing activities (1,179) (2,036) (1,163)
Cash flows from financing activities      
Issuance of long-term debt 800 1,342 1,125
Repayment of long-term debt (329) (1,118) (108)
Issuance of short-term debt 110 0 0
Repayment of short-term debt (50) 0 0
Common Shares reissued for benefit plans, net of tax payments (5) (16) (11)
Repurchase of Common Shares (43) (31) (23)
Payment of debt issuance costs (1) (22) (38)
Distributions to noncontrolling interests (3) (3) (6)
Payments to acquire additional interest in subsidiaries 0 0 (11)
Cash paid for software license agreements (22) (9) (2)
Other financing activities (1) (1) 0
Net cash provided by financing activities 456 142 926
Net increase (decrease) in cash, cash equivalents and restricted cash 109 (1,092) 1,000
Cash, cash equivalents and restricted cash      
Beginning of period 199 1,291 291
End of period $ 308 $ 199 $ 1,291