XML 17 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income $ 1,085 $ 1,074 $ 970
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,691 1,857 2,005
Deferred income taxes (123) (189) (228)
Provision for uncollectible accounts 80 78 64
Net long-term debt issuance costs and premium amortization (12) (18) (38)
Accrued interest on affiliate note 59 59 42
Net loss on early retirement of debt 27 0 0
Impairment of asset 11 0 17
Changes in current assets and liabilities:      
Accounts receivable (92) (26) (66)
Accounts payable 5 (79) (9)
Accrued income and other taxes (14) (8) (9)
Other current assets and liabilities, net 47 1 34
Other current assets and liabilities - affiliates 0 (4) 9
Changes in other noncurrent assets and liabilities, net 1 (30) 1
Changes in affiliate obligations, net (117) (123) 8
Other, net 4 (1) 1
Net cash provided by operating activities 2,652 2,591 2,801
INVESTING ACTIVITIES      
Payments for property, plant and equipment and capitalized software (1,259) (1,247) (1,165)
Changes in advances to affiliates (84) 24 (100)
Proceeds from sale of property 9 3 14
Net cash used in investing activities (1,334) (1,220) (1,251)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 1,173 495 483
Payments of long-term debt (1,189) (517) (641)
Early retirement of debt costs 0 (2) 0
Dividends paid to Qwest Services Corporation (1,300) (1,350) (1,400)
Net cash used in financing activities (1,316) (1,374) (1,558)
Net increase (decrease) in cash and cash equivalents 2 (3) (8)
Cash and cash equivalents at beginning of period 3 6 14
Cash and cash equivalents at end of period 5 3 6
Supplemental cash flow information:      
Income taxes paid, net (801) (848) (861)
Interest paid (net of capitalized interest of $19, $18 and $17) $ (488) $ (497) $ (505)