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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
4 Months Ended 5 Months Ended 9 Months Ended
May 01, 2019
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Cash flows from operating activities:      
Net income (loss) $ 11,165,113 $ 51,167 $ (427,547)
(Income) loss from discontinued operations (1,685,123) 0 206,968
Reconciling items:      
Impairment charges 91,382 0 33,150
Depreciation and amortization 52,834 154,651 175,546
Deferred taxes 115,839 25,478 (18,869)
Provision for doubtful accounts 3,268 8,088 14,803
Amortization of deferred financing charges and note discounts, net 512 672 11,871
Non-cash Reorganization items, net (9,619,236) 0 261,057
Share-based compensation 498 20,151 1,628
(Gain) loss on disposal of operating and other assets (143) 4,755 2,739
(Gain) loss on investments 10,237 (1,735) (9,361)
Equity in loss of nonconsolidated affiliates 66 25 93
Barter and trade income (5,947) (7,478) (6,228)
Other reconciling items, net (65) 133 (768)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
(Increase) decrease in accounts receivable 117,263 (113,848) 21,092
Increase in prepaid expenses and other current assets (24,044) (22,670) (18,452)
(Increase) decrease in other long-term assets (7,098) 2,545 (8,781)
Increase (decrease) in accrued expenses (123,971) 28,266 (42,598)
Increase (decrease) in accounts payable (32,914) 16,474 21,898
Increase in accrued interest 256 91,624 302,573
Increase (decrease) in deferred income 13,377 352 (12,348)
Increase (decrease) in other long-term liabilities (79,609) 4,892 7,247
Cash provided by (used for) operating activities from continuing operations (7,505) 263,542 515,713
Cash provided by (used for) operating activities from discontinued operations (32,681) 0 147,636
Net cash provided by (used for) operating activities (40,186) 263,542 663,349
Cash flows from investing activities:      
Proceeds from sale of other investments 0 765 18,500
Purchases of property, plant and equipment (36,197) (46,305) (47,448)
Proceeds from disposal of assets 99 5,344 682
Change in other, net (2,680) (3,619) (1,296)
Cash used for investing activities from continuing operations (38,778) (43,815) (29,562)
Cash used for investing activities from discontinued operations (222,366) 0 (105,330)
Net cash used for investing activities (261,144) (43,815) (134,892)
Cash flows from financing activities:      
Draws on credit facilities 0 0 143,359
Payments on credit facilities 0 0 (258,308)
Proceeds from long-term debt 269 750,000 0
Payments on long-term debt (8,294) (741,000) (364,294)
Proceeds from Mandatorily Redeemable Preferred Stock 60,000 0 0
Settlement of intercompany related to discontinued operations (159,196) 0 0
Dividends and other payments to noncontrolling interests 0 (571) (1,078)
Debt issuance costs 0 (11,488) 0
Change in other, net (5) (2,036) (75)
Cash used for financing activities from continuing operations (107,226) (5,095) (480,396)
Cash provided by (used for) financing activities from discontinued operations 51,669 0 (12,711)
Net cash provided by (used for) financing activities (55,557) (5,095) (493,107)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 562 (304) (8,553)
Net increase in cash, cash equivalents and restricted cash (356,325) 214,328 26,797
Cash, cash equivalents and restricted cash at beginning of period 430,334 74,009 311,300
Cash, cash equivalents and restricted cash at end of period 74,009 288,337 338,097
Less cash, cash equivalents and restricted cash of discontinued operations at end of period   0 214,631
Cash, cash equivalents and restricted cash of continuing operations at end of period   288,337 123,466
SUPPLEMENTAL DISCLOSURES:      
Cash paid for interest 137,042 79,263 293,689
Cash paid for income taxes 22,092 2,755 27,597
Cash paid for Reorganization items, net $ 183,291 $ 18,268 $ 52,213