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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net income $ 236 $ 192
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 976 1,040
Impairment of assets 0 8
Deferred income taxes 11 37
Provision for uncollectible accounts 46 42
Net long-term debt issuance costs and premium amortization (1) (2)
Share-based compensation 18 18
Changes in current assets and liabilities:    
Accounts receivable 26 (27)
Accounts payable 78 (80)
Accrued income and other taxes 160 136
Other current assets and liabilities, net (72) (16)
Retirement benefits (21) (9)
Changes in other noncurrent assets and liabilities, net (35) (10)
Other, net 1 7
Net cash provided by operating activities 1,423 1,336
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (611) (616)
Proceeds from sale of property 7 14
Other, net (1) (8)
Net cash used in investing activities (605) (610)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 227 594
Payments of long-term debt (25) (386)
Net payments on credit facility and revolving line of credit (410) (425)
Dividends paid (290) (304)
Net proceeds from issuance of common stock 4 8
Repurchase of common stock (12) (185)
Other, net 0 (1)
Net cash used in financing activities (506) (699)
Net increase in cash and cash equivalents 312 27
Cash and cash equivalents at beginning of period 126 128
Cash and cash equivalents at end of period 438 155
Supplemental cash flow information:    
Income taxes paid, net (11) (5)
Interest paid (net of capitalized interest of $12 and $13) $ (262) $ (270)