XML 32 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 660 $ (1,268) $ (265)
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization (including amortization netted against equity earnings in affiliates and revenues) 1,061 1,133 1,163
Charges (gains) related to other operating expenses and other income 44 24 (148)
Loss on debt extinguishment 70 1,068 274
Stock-based compensation expense 263 329 51
Other non-cash and non-operating items, net 35 48 70
(Decrease) increase in cash, excluding the effects of acquisitions and dispositions, resulting from changes in:      
Accounts receivable, current and long-term (81) (184) (50)
Other assets, current and long-term 61 (199) (48)
Accounts payable and other liabilities, current and long-term 35 (162) 1
Income tax accounts (37) 6 (13)
Net cash (used in) provided by operating activities 2,111 795 1,035
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to property and equipment (232) (282) (308)
Payments to secure customer service contracts, including outlays for conversion, and capitalized systems development costs (245) (320) (259)
Acquisitions, net of cash acquired (6) (89) (31)
Proceeds from dispositions 38 4 270
Proceeds from sale of property and equipment 38 17 3
Other investing activities, net 20 (15) (4)
Net cash provided by (used in) investing activities (387) (685) (329)
CASH FLOWS FROM FINANCING ACTIVITIES      
Short-term borrowings, net 205 (31) 12
Proceeds from issuance of long-term debt 3,533 10,258 1,830
Payment of call premiums and debt issuance cost (53) (1,062) (355)
Principal payments on long-term debt (5,073) (11,568) (3,751)
Payment of taxes related to net settlement of equity awards (61) 0 0
Proceeds from issuance of common stock 23 2,718 0
Distributions and dividends paid to noncontrolling interests and redeemable noncontrolling interest (316) (312) (266)
Capital transactions with former parent, net 0 (19) 1,788
Other financing activities, net 8 0 (1)
Net cash provided by (used in) financing activities (1,734) (16) (743)
Effect of exchange rate changes on cash and cash equivalents (34) (23) (30)
Change in cash and cash equivalents (44) 71 (67)
Cash and cash equivalents at beginning of period 429 358 425
Cash and cash equivalents at end of period 385 429 358
SUPPLEMENTAL CASH FLOW INFORMATION:      
Income tax payments, net of refunds received 118 95 96
Interest paid 1,032 1,815 1,729
Distributions received from equity method investments 304 289 278
NON-CASH TRANSACTIONS:      
Capital leases and other financing arrangements, net of trade-ins $ 215 $ 83 $ 128