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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities:      
Net earnings (ViacomCBS and noncontrolling interests) $ 3,339 $ 3,492 $ 2,373
Less: Net earnings (loss) from discontinued operations, net of tax 38 32 (947)
Net earnings from continuing operations 3,301 3,460 3,320
Adjustments to reconcile net earnings from continuing operations to net cash flow provided by operating activities from continuing operations:      
Depreciation and amortization 443 433 443
Television programming and feature film cost amortization 12,554 11,595 10,911
Deferred tax (benefit) provision (769) 58 (367)
Stock-based compensation 291 191 232
Net (gain) loss on dispositions and impairment of assets (498) 38 (377)
(Gain) loss on marketable securities (113) 23 0
Equity in loss of investee companies, net of tax and distributions 58 54 15
Change in assets and liabilities      
Increase in receivables (256) (368) (147)
Increase in inventory and related program and participation liabilities, net (14,215) (12,185) (11,544)
Increase (decrease) in accounts payable and other liabilities 297 (158) (248)
Increase (decrease) in pension and postretirement benefit obligations 16 (65) (239)
Increase in income taxes 160 398 345
Other, net (39) (11) 1
Net cash flow provided by operating activities from continuing operations 1,230 3,463 2,345
Net cash flow provided by operating activities from discontinued operations 0 1 94
Net cash flow provided by operating activities 1,230 3,464 2,439
Investing Activities:      
Investments (171) (161) (128)
Capital expenditures (353) (352) (356)
Acquisitions, net of cash acquired (399) (118) (289)
Proceeds from dispositions 756 39 892
Other investing activities 14 4 31
Net cash flow (used for) provided by investing activities from continuing operations (153) (588) 150
Net cash flow used for investing activities from discontinued operations (2) (23) (24)
Net cash flow (used for) provided by investing activities (155) (611) 126
Financing Activities:      
Proceeds from (repayments of) short-term debt borrowings, net 25 (5) 229
Proceeds from issuance of senior notes 492 0 3,157
Repayment of notes and debentures (910) (1,102) (4,729)
Dividends (595) (599) (616)
Purchase of Company common stock (57) (586) (1,111)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation (56) (67) (103)
Proceeds from exercise of stock options 15 29 263
Other financing activities (130) (201) (99)
Net cash flow used for financing activities (1,216) (2,531) (3,009)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1) (25) 58
Net (decrease) increase in cash, cash equivalents and restricted cash (142) 297 (386)
Cash, cash equivalents and restricted cash at beginning of year (includes $120 (2019) of restricted cash and $24 (2017) of discontinued operations cash) 976 679 1,065
Cash, cash equivalents and restricted cash at end of year (includes $120 (2018) of restricted cash and $24 (2016) of discontinued operations cash) $ 834 $ 976 $ 679