XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES    
Net income $ 811 $ 847
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,181 1,267
Deferred income taxes (93) (52)
Provision for uncollectible accounts 55 58
Net loss on early retirement of debt 5 27
Accrued interest on affiliate note 51 29
Changes in current assets and liabilities:    
Accounts receivable (39) (49)
Accounts payable (2) (3)
Accrued income and other taxes (9) (6)
Other current assets and liabilities, net (95) (25)
Other current assets and liabilities - affiliates, net (5) 15
Changes in other noncurrent assets and liabilities, net 24 (21)
Changes in affiliate obligations, net (66) (72)
Other, net (3) (5)
Net cash provided by operating activities 1,815 2,010
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (1,086) (860)
Changes in advances to affiliates 23 (186)
Proceeds from sale of property 43 7
Other (5) 0
Net cash used in investing activities (1,025) (1,039)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 638 1,173
Payments of long-term debt (629) (1,190)
Dividends paid to Qwest Services Corporation (800) (950)
Net cash used in financing activities (791) (967)
Net (decrease) increase in cash and cash equivalents (1) 4
Cash and cash equivalents at beginning of period 5 3
Cash and cash equivalents at end of period 4 7
Supplemental cash flow information:    
Income taxes paid, net (604) (578)
Interest paid (net of capitalized interest of $24 and $13) $ (343) $ (353)