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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows From Operating Activities:      
Net income (loss) $ 1,492,569 $ 1,655,491 $ 2,165,407
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation and amortization 630,577 712,024 817,564
Impairment of long-lived assets     145,918
Realized and unrealized losses (gains) on investments (4,121) (11,908) (99,997)
Non-cash, stock-based compensation 14,262 36,261 29,941
Deferred tax expense (benefit) 228,250 454,699 (485,973)
Change in long-term deferred revenue and other long-term liabilities 228,557 (3,303) 29,750
Other, net 92,471 (70,900) (29,632)
Changes in current assets and current liabilities, net      
Trade accounts receivable 49,183 14,724 126,848
Allowance for doubtful accounts 2,314 (1,270) (2,888)
Prepaid and accrued income taxes 50,101 93,618 (46,599)
Inventory (79,542) 14,788 37,895
Other current assets 67,398 (46,772) (63,154)
Trade accounts payable 46,892 (160,952) (131,399)
Deferred revenue and other 26,172 (98,179) (64,909)
Accrued programming and other accrued expenses (182,682) (70,480) 350,735
Net cash flows from operating activities 2,662,401 2,517,841 2,779,507
Cash Flows From Investing Activities:      
Purchases of marketable investment securities (1,029,858) (1,403,890) (566,373)
Sales and maturities of marketable investment securities 1,799,966 730,210 206,272
Purchases of property and equipment (581,081) (393,938) (431,795)
Capitalized interest related to FCC authorizations (Note 2) (901,367) (922,759) (953,498)
Purchases of FCC authorizations, including deposits (Note 15) (12,155) (2,500) (4,711,154)
Purchases of strategic investments     (90,381)
Other, net 6,659 17,604 25,376
Net cash flows from investing activities (717,836) (1,975,273) (6,521,553)
Cash Flows From Financing Activities:      
Proceeds from issuance of convertible notes (Note 10)     1,000,000
Redemption and repurchases of senior notes (1,317,372) (1,108,489) (1,074,139)
Repayment of long-term debt and finance lease obligations (41,548) (42,767) (42,422)
Payments made to parent of transferred businesses     (7,098)
Net proceeds from Class A common stock options exercised and stock issued under the Employee Stock Purchase Plan 36,435 19,981 28,574
Stock Rights Offering 998,408    
Debt issuance costs     (6,158)
Other, net (4,092) (3,270) (1,994)
Net cash flows from financing activities (328,169) (1,134,545) (103,237)
Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents 1,616,396 (591,977) (3,845,283)
Cash, cash equivalents, restricted cash and cash equivalents, beginning of period (Note 6) 887,924 1,479,901 5,325,184
Cash, cash equivalents, restricted cash and cash equivalents, end of period (Note 6) $ 2,504,320 $ 887,924 $ 1,479,901