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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 52 $ 42
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 325 329
Bad debts expense 43 46
Stock-based compensation expense 29 25
Deferred income taxes, net (9) 11
Equity in earnings of unconsolidated entities (78) (80)
Distributions from unconsolidated entities 88 80
(Gain) loss on asset disposals, net 4 11
(Gain) loss on license sales and exchanges, net (5) 7
Other operating activities 3 3
Changes in assets and liabilities from operations    
Accounts receivable (21) (1)
Equipment installment plans receivable 44 5
Inventory 52 57
Accounts payable (4) 0
Customer deposits and deferred revenues (13) 6
Accrued taxes 10 20
Accrued interest 0 (1)
Other assets and liabilities (35) (44)
Net cash provided by operating activities 485 516
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (147) (270)
Cash paid for licenses (4) (15)
Other investing activities 1 1
Net cash used in investing activities (150) (284)
Cash flows from financing activities    
Issuance of long-term debt 0 40
Repayment of long-term debt (12) (198)
Tax withholdings, net of cash receipts, for stock-based compensation awards (36) (12)
Repurchase of Common Shares (21) 0
Distributions to noncontrolling interests (2) (3)
Cash paid for software license agreements (20) (20)
Other financing activities (2) (3)
Net cash used in financing activities (93) (196)
Net increase in cash, cash equivalents and restricted cash 242 36
Cash, cash equivalents and restricted cash    
Beginning of period 159 179
End of period $ 401 $ 215