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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 548 $ 652
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation, amortization and accretion 1,207 1,175
Gains (losses) on retirement of long-term obligations 95 [1] 2
Amortization of deferred financing costs and other non-cash interest, net 4 1
Stock-based compensation expense 108 91
Asset write-down charges 10 13
Deferred income tax (benefit) provision 2 2
Other non-cash adjustments 4 4
Changes in assets and liabilities, excluding the effects of acquisitions:    
Increase (decrease) in accrued interest (46) (38)
Increase (decrease) in accounts payable (41) 37
Increase (decrease) in other liabilities 58 179
Decrease (increase) in receivables 141 (166)
Decrease (increase) in other assets (20) (62)
Net cash provided by (used for) operating activities 2,070 1,890
Cash flows from investing activities:    
Capital expenditures (1,238) (1,537)
Payments for acquisitions, net of cash acquired (86) (15)
Other investing activities, net (12) 3
Net cash provided by (used for) investing activities (1,336) (1,549)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 3,733 1,895
Principal payments on debt and other long-term obligations (80) (59)
Purchases and redemptions of long-term debt (2,490) (12)
Borrowings under revolving credit facility 2,140 1,585
Payments under revolving credit facility (2,145) (2,270)
Net issuances (repayments) under commercial paper program (80) 0
Payments for financing costs (38) (24)
Purchases of Common Stock (75) (44)
Dividends/distributions paid on common stock (1,531) (1,415)
Dividends/distributions paid on preferred stock (85) (85)
Net cash provided by (used for) financing activities (651) (429)
Net increase (decrease) in cash, cash equivalents, and restricted cash 83 (88)
Cash, cash equivalents and restricted cash at beginning of period 338 413
Cash, cash equivalents and restricted cash at end of period 421 325
Effect of Exchange Rate on Cash and Cash Equivalents [Abstract]    
Effect of exchange rate changes $ 0 $ 0
[1]
Inclusive of the write off of respective deferred financing costs.