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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income $ 163 $ 236
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 880 976
Deferred income taxes (37) 11
Provision for uncollectible accounts 47 46
Net long-term debt issuance costs and premium amortization 1 (1)
Share-based compensation 21 18
Changes in current assets and liabilities:    
Accounts receivable 116 26
Accounts payable (81) 78
Accrued income and other taxes 206 160
Other current assets and liabilities, net (266) (72)
Retirement benefits (25) (21)
Changes in other noncurrent assets and liabilities, net 12 (35)
Other, net 20 1
Net cash provided by operating activities 1,057 1,423
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (780) (611)
Proceeds from sale of property 45 7
Other, net 3 (1)
Net cash used in investing activities (732) (605)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 0 227
Payments of long-term debt (31) (25)
Net proceeds (payments) on credit facility and revolving line of credit 5 (410)
Dividends paid (296) (290)
Proceeds from issuance of common stock 3 4
Shares withheld to satisfy tax withholdings (14) (12)
Net cash used in financing activities (333) (506)
Net (decrease) increase in cash and cash equivalents (8) 312
Cash and cash equivalents at beginning of period 222 126
Cash and cash equivalents at end of period 214 438
Supplemental cash flow information:    
Income taxes refunded (paid), net 5 (11)
Interest paid (net of capitalized interest of $20 and $12) $ (255) $ (262)