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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income $ 601 $ 684
Adjustments to reconcile net income to cash provided by operating activities:    
Share-based compensation expense 22 27
Depreciation and amortization 160 159
Content amortization and impairment expense 910 864
Loss (gain) on disposition 4 (13)
Equity in losses of investee companies, including cash distributions 100 34
Deferred income taxes (88) (105)
Realized loss from derivative instruments 0 3
Loss on extinguishment of debt 54 0
Other, net 16 26
Changes in operating assets and liabilities, net of business combinations:    
Receivables, net (249) (73)
Content rights, net (947) (937)
Accounts payable and accrued liabilities (150) (180)
Share-based compensation liabilities (1) (5)
Income taxes receivable and prepaid income taxes 32 28
Foreign currency and other, net (21) (122)
Cash provided by operating activities 443 390
Investing Activities    
Payments for investments (270) (60)
Distributions from equity method investees 18 40
Purchases of property and equipment (78) (43)
Proceeds from disposition, net of cash disposed 29 19
Proceeds from (payments for) derivative instruments, net 5 (3)
Other investing activities, net 3 (2)
Cash used in investing activities (293) (49)
Financing Activities    
Commercial paper borrowings, net 25 13
Borrowings under revolving credit facility 350 280
Principal repayments of revolving credit facility (200) (572)
Borrowings from debt, net of discount and including premiums 659 498
Principal repayments of debt, including discount payment and premiums to par value (650) 0
Principal repayments of capital lease obligations (19) (17)
Repurchases of stock (501) (750)
Cash settlement of common stock repurchase contracts 58 0
Distributions to redeemable noncontrolling interests (20) (17)
Share-based plan payments, net 11 2
Other financing activities, net (8) (13)
Cash used in financing activities (295) (576)
Effect of exchange rate changes on cash and cash equivalents 51 30
Net change in cash and cash equivalents (94) (205)
Cash and cash equivalents, beginning of period 300 390
Cash and cash equivalents, end of period $ 206 $ 185