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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of condensed consolidating balance sheet
CONDENSED CONSOLIDATED BALANCE SHEET
AS OF DECEMBER 31, 2016
(In thousands)
 
 
Sinclair
Broadcast
Group,
Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
Cash and cash equivalents
$
—

 
$
232,297

 
$
10,675

 
$
17,012

 
$
—

 
$
259,984

Accounts and other receivables
—

 
—

 
478,190

 
37,024

 
(1,260
)
 
513,954

Other current assets
5,561

 
3,143

 
124,313

 
25,406

 
(27,273
)
 
131,150

Total current assets
5,561

 
235,440

 
613,178

 
79,442

 
(28,533
)
 
905,088

 
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net
1,820

 
17,925

 
570,289

 
131,326

 
(3,784
)
 
717,576

 
 
 
 
 
 
 
 
 
 
 
 
Investment in consolidated subsidiaries
551,250

 
3,614,605

 
4,179

 
—

 
(4,170,034
)
 
—

Other long-term assets
46,586

 
819,506

 
103,808

 
169,817

 
(890,668
)
 
249,049

Goodwill
—

 
—

 
1,986,467

 
4,279

 
—

 
1,990,746

Indefinite-lived intangible assets
—

 
—

 
140,597

 
15,709

 
—

 
156,306

Definite-lived intangible assets
—

 
—

 
1,770,512

 
233,368

 
(59,477
)
 
1,944,403

Total assets
$
605,217

 
$
4,687,476

 
$
5,189,030

 
$
633,941

 
$
(5,152,496
)
 
$
5,963,168

 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities
$
100

 
$
69,118

 
$
225,645

 
$
48,815

 
$
(21,173
)
 
$
322,505

Current portion of long-term debt
—

 
55,501

 
1,851

 
113,779

 
—

 
171,131

Current portion of affiliate long-term debt
1,857

 
—

 
1,514

 
2,336

 
(2,103
)
 
3,604

Other current liabilities
—

 
—

 
127,967

 
13,590

 
(2,324
)
 
139,233

Total current liabilities
1,957

 
124,619

 
356,977

 
178,520

 
(25,600
)
 
636,473

 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
—

 
3,939,463

 
31,014

 
44,455

 
—

 
4,014,932

Affiliate long-term debt
—

 
—

 
12,663

 
396,957

 
(395,439
)
 
14,181

Other liabilities
15,277

 
31,817

 
1,190,717

 
183,418

 
(681,583
)
 
739,646

Total liabilities
17,234

 
4,095,899

 
1,591,371

 
803,350

 
(1,102,622
)
 
5,405,232

 
 
 
 
 
 
 
 
 
 
 
 
Total Sinclair Broadcast Group equity
587,983

 
591,577

 
3,597,659

 
(134,991
)
 
(4,054,245
)
 
587,983

Noncontrolling interests in consolidated subsidiaries
—

 
—

 
—

 
(34,418
)
 
4,371

 
(30,047
)
Total liabilities and equity
$
605,217

 
$
4,687,476

 
$
5,189,030

 
$
633,941

 
$
(5,152,496
)
 
$
5,963,168

CONDENSED CONSOLIDATED BALANCE SHEET
AS OF DECEMBER 31, 2015
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
Cash and cash equivalents
$
—

 
$
115,771

 
$
235

 
$
33,966

 
$
—

 
$
149,972

Accounts and other receivables
—

 
1,775

 
390,142

 
33,949

 
(1,258
)
 
424,608

Other current assets
3,648

 
5,172

 
99,118

 
23,278

 
(4,033
)
 
127,183

Total current assets
3,648

 
122,718

 
489,495

 
91,193

 
(5,291
)
 
701,763

 
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net
2,884

 
20,336

 
559,042

 
143,667

 
(8,792
)
 
717,137

 
 
 
 
 
 
 
 
 
 
 
 
Investment in consolidated subsidiaries
497,262

 
3,430,434

 
4,179

 
—

 
(3,931,875
)
 
—

Other long-term assets
52,128

 
673,915

 
110,507

 
140,910

 
(779,173
)
 
198,287

Goodwill
—

 
—

 
1,926,814

 
4,279

 
—

 
1,931,093

Indefinite-lived intangible assets
—

 
—

 
114,841

 
17,624

 
—

 
132,465

Definite-lived intangible assets
—

 
—

 
1,602,454

 
206,975

 
(57,859
)
 
1,751,570

Total assets
$
555,922

 
$
4,247,403

 
$
4,807,332

 
$
604,648

 
$
(4,782,990
)
 
$
5,432,315

 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities
$
104

 
$
49,428

 
$
179,156

 
$
27,462

 
$
(4,837
)
 
$
251,313

Current portion of long-term debt
—

 
57,640

 
1,611

 
106,358

 
(1,425
)
 
164,184

Current portion of affiliate long-term debt
1,651

 
—

 
1,311

 
456

 
(252
)
 
3,166

Other current liabilities
—

 
—

 
103,627

 
12,713

 
—

 
116,340

Total current liabilities
1,755

 
107,068

 
285,705

 
146,989

 
(6,514
)
 
535,003

 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
—

 
3,594,218

 
32,743

 
42,199

 
—

 
3,669,160

Affiliate long-term debt
1,857

 
—

 
14,240

 
366,042

 
(364,289
)
 
17,850

Other liabilities
26,500

 
28,866

 
1,060,211

 
171,102

 
(576,055
)
 
710,624

Total liabilities
30,112

 
3,730,152

 
1,392,899

 
726,332

 
(946,858
)
 
4,932,637

 
 
 
 
 
 
 
 
 
 
 
 
Total Sinclair Broadcast Group equity
525,810

 
517,251

 
3,414,433

 
(91,703
)
 
(3,839,981
)
 
525,810

Noncontrolling interests in consolidated subsidiaries
—

 
—

 
—

 
(29,981
)
 
3,849

 
(26,132
)
Total liabilities and equity
$
555,922

 
$
4,247,403

 
$
4,807,332

 
$
604,648

 
$
(4,782,990
)
 
$
5,432,315
Schedule of condensed consolidating statement of operations and comprehensive income
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2016
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
Net revenue
$
—

 
$
—

 
$
2,579,284

 
$
265,855

 
$
(108,190
)
 
$
2,736,949

 
 
 
 
 
 
 
 
 
 
 
 
Media production expenses
—

 
—

 
918,200

 
135,511

 
(100,622
)
 
953,089

Selling, general and administrative
4,062

 
70,503

 
489,882

 
10,804

 
(106
)
 
575,145

Depreciation, amortization and other operating expenses
1,064

 
7,331

 
465,680

 
133,810

 
(2,023
)
 
605,862

Total operating expenses
5,126

 
77,834

 
1,873,762

 
280,125

 
(102,751
)
 
2,134,096

 
 
 
 
 
 
 
 
 
 
 
 
Operating (loss) income
(5,126
)
 
(77,834
)
 
705,522

 
(14,270
)
 
(5,439
)
 
602,853

 
 
 
 
 
 
 
 
 
 
 
 
Equity in earnings of consolidated subsidiaries
244,580

 
463,598

 
220

 
—

 
(708,398
)
 
—

Interest expense
(238
)
 
(198,893
)
 
(4,481
)
 
(32,521
)
 
24,990

 
(211,143
)
Other income (expense)
3,613

 
(22,867
)
 
715

 
(281
)
 
—

 
(18,820
)
Total other income (expense)
247,955

 
241,838

 
(3,546
)
 
(32,802
)
 
(683,408
)
 
(229,963
)
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit (provision)
2,472

 
99,148

 
(231,504
)
 
7,756

 
—

 
(122,128
)
Net income (loss)
245,301

 
263,152

 
470,472

 
(39,316
)
 
(688,847
)
 
250,762

Net income attributable to the noncontrolling interests
—

 
—

 
—

 
(4,937
)
 
(524
)
 
(5,461
)
Net income (loss) attributable to Sinclair Broadcast Group
$
245,301

 
$
263,152

 
$
470,472

 
$
(44,253
)
 
$
(689,371
)
 
$
245,301

Comprehensive income (loss)
$
250,789

 
$
263,179

 
$
470,472

 
$
(39,316
)
 
$
(694,335
)
 
$
250,789

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2015
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
Net revenue
$
—

 
$
—

 
$
2,076,851

 
$
221,633

 
$
(79,348
)
 
$
2,219,136

 
 
 
 
 
 
 
 
 
 
 
 
Media production expenses
—

 
—

 
725,037

 
82,450

 
(74,288
)
 
733,199

Selling, general and administrative
4,441

 
58,543

 
418,885

 
14,272

 
(167
)
 
495,974

Depreciation, amortization and other operating expenses
1,065

 
3,779

 
433,690

 
131,373

 
(2,680
)
 
567,227

Total operating expenses
5,506

 
62,322

 
1,577,612

 
228,095

 
(77,135
)
 
1,796,400

 
 
 
 
 
 
 
 
 
 
 
 
Operating (loss) income
(5,506
)
 
(62,322
)
 
499,239

 
(6,462
)
 
(2,213
)
 
422,736

 
 
 
 
 
 
 
 
 
 
 
 
Equity in earnings of consolidated subsidiaries
170,104

 
343,183

 
195

 
—

 
(513,482
)
 
—

Interest expense
(382
)
 
(180,166
)
 
(4,658
)
 
(30,022
)
 
23,781

 
(191,447
)
Other income (expense)
4,765

 
(151
)
 
269

 
(2,379
)
 
—

 
2,504

Total other income (expense)
174,487

 
162,866

 
(4,194
)
 
(32,401
)
 
(489,701
)
 
(188,943
)
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit (provision)
2,543

 
81,626

 
(146,331
)
 
4,468

 
—

 
(57,694
)
Net income (loss)
171,524

 
182,170

 
348,714

 
(34,395
)
 
(491,914
)
 
176,099

Net income attributable to the noncontrolling interests
—

 
—

 
—

 
(4,914
)
 
339

 
(4,575
)
Net income (loss) attributable to Sinclair Broadcast Group
$
171,524

 
$
182,170

 
$
348,714

 
$
(39,309
)
 
$
(491,575
)
 
$
171,524

Comprehensive income (loss)
$
181,720

 
$
187,791

 
$
351,760

 
$
(39,309
)
 
$
(500,242
)
 
$
181,720

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2014
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
Net revenue
$
—

 
$
—

 
$
1,870,408

 
$
192,616

 
$
(86,466
)
 
$
1,976,558

 
 
 
 
 
 
 
 
 
 
 
 
Media production expenses
—

 
76

 
573,725

 
86,266

 
(81,380
)
 
578,687

Selling, general and administrative
4,320

 
57,799

 
359,880

 
14,795

 
(2,079
)
 
434,715

Depreciation, amortization and other operating expenses
1,068

 
5,425

 
367,514

 
96,265

 
(1,767
)
 
468,505

Total operating expenses
5,388

 
63,300

 
1,301,119

 
197,326

 
(85,226
)
 
1,481,907

 
 
 
 
 
 
 
 
 
 
 
 
Operating (loss) income
(5,388
)
 
(63,300
)
 
569,289

 
(4,710
)
 
(1,240
)
 
494,651

 
 
 
 
 
 
 
 
 
 
 
 
Equity in earnings of consolidated subsidiaries
211,782

 
373,228

 
(201
)
 
—

 
(584,809
)
 
—

Interest expense
(573
)
 
(163,347
)
 
(4,869
)
 
(27,364
)
 
21,291

 
(174,862
)
Other income (expense)
4,377

 
(14,651
)
 
998

 
2,024

 
10

 
(7,242
)
Total other income (expense)
215,586

 
195,230

 
(4,072
)
 
(25,340
)
 
(563,508
)
 
(182,104
)
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit (provision)
2,081

 
83,897

 
(185,193
)
 
1,783

 
—

 
(97,432
)
Income from discontinued operations, net of tax
—

 
—

 
—

 
—

 
—

 
—

Net income (loss)
212,279

 
215,827

 
380,024

 
(28,267
)
 
(564,748
)
 
215,115

Net income attributable to the noncontrolling interests
—

 
—

 
—

 
(2,836
)
 
—

 
(2,836
)
Net income (loss) attributable to Sinclair Broadcast Group
$
212,279

 
$
215,827

 
$
380,024

 
$
(31,103
)
 
$
(564,748
)
 
$
212,279

Comprehensive income (loss)
$
211,759

 
$
213,284

 
$
378,926

 
$
(27,982
)
 
$
(564,228
)
 
$
211,759
Schedule of condensed consolidating statement of cash flows
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2016
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES
$
(11,784
)
 
$
(150,230
)
 
$
721,991

 
$
7,914

 
$
23,875

 
591,766

CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Acquisition of property and equipment
—

 
(8,006
)
 
(82,450
)
 
(5,009
)
 
1,000

 
(94,465
)
Payments for acquisition of television stations
—

 
—

 
(415,482
)
 
(10,375
)
 
—

 
(425,857
)
Purchase of alarm monitoring contracts
—

 
—

 
—

 
(40,206
)
 
—

 
(40,206
)
Proceeds from sale of assets
—

 
—

 
7,263

 
9,133

 
—

 
16,396

Investments in equity and cost method investees
(2,945
)
 
(15,620
)
 
(27
)
 
(32,655
)
 
—

 
(51,247
)
Other, net
1,714

 
(21,395
)
 
3,985

 
5,072

 
—

 
(10,624
)
Net cash flows (used in) from investing activities
(1,231
)
 
(45,021
)
 
(486,711
)
 
(74,040
)
 
1,000

 
(606,003
)
 
 
 


 
 
 
 
 
 
 


CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Proceeds from notes payable, commercial bank financing and capital leases
—

 
995,000

 
—

 
29,912

 
—

 
1,024,912

Repayments of notes payable, commercial bank financing and capital leases
—

 
(650,422
)
 
(1,633
)
 
(19,160
)
 
—

 
(671,215
)
Dividends paid on Class A and Class B Common Stock
(65,909
)
 
—

 
—

 
—

 
—

 
(65,909
)
Repurchase of outstanding Class A Common Stock
(136,283
)
 
—

 
—

 
—

 
—

 
(136,283
)
Payments for deferred financing cost
—

 
(15,430
)
 
—

 
(251
)
 
—

 
(15,681
)
Noncontrolling interests distributions
—

 
—

 
—

 
(10,464
)
 
—

 
(10,464
)
Increase (decrease) in intercompany payables
218,054

 
(17,778
)
 
(224,551
)
 
49,403

 
(25,128
)
 
—

Other, net
(2,847
)
 
407

 
1,344

 
(268
)
 
253

 
(1,111
)
Net cash flows (used in) from financing activities
13,015

 
311,777

 
(224,840
)
 
49,172

 
(24,875
)
 
124,249

 


 


 


 


 


 
 
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
—

 
116,526

 
10,440

 
(16,954
)
 
—

 
110,012

CASH AND CASH EQUIVALENTS, beginning of period
—

 
115,771

 
235

 
33,966

 
—

 
149,972

CASH AND CASH EQUIVALENTS, end of period
$
—

 
$
232,297

 
$
10,675

 
$
17,012

 
$
—

 
$
259,984

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2015
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES
$
(3,759
)
 
$
(131,363
)
 
$
530,768

 
$
(16,864
)
 
$
24,145

 
$
402,927

CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
 

 
 

 
 

 
 

 
 

 
 

Acquisition of property and equipment
—

 
(6,605
)
 
(84,079
)
 
(2,586
)
 
1,849

 
(91,421
)
Payments for acquisition of television stations
—

 
—

 
(17,011
)
 
—

 
—

 
(17,011
)
Purchase of alarm monitoring contracts
—

 
—

 
—

 
(39,185
)
 
—

 
(39,185
)
Proceeds from sale of broadcast assets
—

 
—

 
23,650

 
—

 
—

 
23,650

Investments in equity and cost method investees
—

 
(8,998
)
 
(27
)
 
(35,690
)
 
—

 
(44,715
)
Other, net
4,598

 
(5,447
)
 
575

 
17,645

 
—

 
17,371

Net cash flows (used in) from investing activities
4,598

 
(21,050
)
 
(76,892
)
 
(59,816
)
 
1,849

 
(151,311
)
 
 
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
 

 
 

 
 

 
 

 
 

 
 

Proceeds from notes payable, commercial bank financing and capital leases
—

 
349,562

 
—

 
33,325

 
—

 
382,887

Repayments of notes payable, commercial bank financing and capital leases
(528
)
 
(382,691
)
 
(1,286
)
 
(10,642
)
 
—

 
(395,147
)
Dividends paid on Class A and Class B Common Stock
(62,733
)
 
—

 
—

 
—

 
—

 
(62,733
)
Repurchase of outstanding Class A Common Stock
(28,823
)
 
—

 
—

 
—

 
—

 
(28,823
)
Payments for deferred financing costs
—

 
(3,604
)
 
—

 
(243
)
 
—

 
(3,847
)
Noncontrolling interest distributions
—

 
—

 
—

 
(9,918
)
 
—

 
(9,918
)
Increase (decrease) in intercompany payables
89,319

 
303,755

 
(452,897
)
 
85,953

 
(26,130
)
 
—

Other, net
1,926

 
(2,232
)
 
(1,207
)
 
(368
)
 
136

 
(1,745
)
Net cash flows (used in) from financing activities
(839
)
 
264,790

 
(455,390
)
 
98,107

 
(25,994
)
 
(119,326
)
 
 
 
 
 
 
 
 
 
 
 
 
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
—

 
112,377

 
(1,514
)
 
21,427

 
—

 
132,290

CASH AND CASH EQUIVALENTS, beginning of period
—

 
3,394

 
1,749

 
12,539

 
—

 
17,682

CASH AND CASH EQUIVALENTS, end of period
$
—

 
$
115,771

 
$
235

 
$
33,966

 
$
—

 
$
149,972



CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2014
(In thousands)
 
 
Sinclair
Broadcast
Group, Inc.
 
Sinclair
Television
Group, Inc.
 
Guarantor
Subsidiaries
and KDSM,
LLC
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Sinclair
Consolidated
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES
$
(26,528
)
 
$
(145,795
)
 
$
628,103

 
$
(35,694
)
 
$
12,513

 
$
432,599

CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Acquisition of property and equipment
—

 
(8,864
)
 
(71,152
)
 
(2,722
)
 
1,280

 
(81,458
)
Payments for acquisition of television stations
—

 
—

 
(1,485,039
)
 
—

 
—

 
(1,485,039
)
Purchase of alarm monitoring contracts
—

 
—

 
—

 
(27,701
)
 
—

 
(27,701
)
Proceeds from sale of broadcast assets
—

 
—

 
176,675

 
—

 
—

 
176,675

Decrease in restricted cash
—

 
11,525

 
91

 
—

 
—

 
11,616

Investments in equity and cost method investees
—

 
—

 
—

 
(8,104
)
 
—

 
(8,104
)
Proceeds from insurance settlement
—

 
17,042

 
—

 
—

 
—

 
17,042

Other, net
1,000

 
—

 
392

 
(1,779
)
 
—

 
(387
)
Net cash flows (used in) from investing activities
1,000

 
19,703

 
(1,379,033
)
 
(40,306
)
 
1,280

 
(1,397,356
)
 
 
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Proceeds from notes payable, commercial bank financing and capital leases
—

 
1,466,500

 
507

 
33,713

 
—

 
1,500,720

Repayments of notes payable, commercial bank financing and capital leases
(556
)
 
(574,584
)
 
(1,028
)
 
(6,596
)
 
—

 
(582,764
)
Dividends paid on Class A and Class B Common Stock
(61,103
)
 
—

 
—

 
—

 
—

 
(61,103
)
Repurchases of outstanding Class A Common Stock
(133,157
)
 
—

 
—

 
—

 
—

 
(133,157
)
Payments for deferred financing costs
—

 
(16,590
)
 
—

 
—

 
—

 
(16,590
)
Noncontrolling interest distributions
—

 
—

 
—

 
(8,184
)
 
—

 
(8,184
)
Increase (decrease) in intercompany payables
218,081

 
(981,669
)
 
725,678

 
51,703

 
(13,793
)
 
—

Other, net
2,263

 
(2,145
)
 
(1,072
)
 
4,367

 
—

 
3,413

Net cash flows (used in) from financing activities
25,528

 
(108,488
)
 
724,085

 
75,003

 
(13,793
)
 
702,335

 
 
 
 
 
 
 
 
 
 
 
 
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
—

 
(234,580
)
 
(26,845
)
 
(997
)
 
—

 
(262,422
)
CASH AND CASH EQUIVALENTS, beginning of period
—

 
237,974

 
28,594

 
13,536

 
—

 
280,104

CASH AND CASH EQUIVALENTS, end of period
$
—

 
$
3,394

 
$
1,749

 
$
12,539

 
$
—

 
$
17,682