Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Activities:
Net earnings (ViacomCBS and noncontrolling interests)	$ 519	$ 1,964
Net earnings from discontinued operations, net of tax	8	13
Net earnings from continuing operations	511	1,951
Adjustments to reconcile net earnings from continuing operations to net cash flow provided by operating activities:
Depreciation and amortization	113	106
Deferred tax provision (benefit)	149	(571)
Stock-based compensation expense, before income taxes	88	56
Gain on sale of assets	0	(549)
Gain on marketable securities	0	(38)
Equity in loss of investee companies, net of tax and distributions	9	17
Change in assets and liabilities	(514)	(43)
Net cash flow provided by operating activities	356	929
Investing Activities:
Investments	(46)	(99)
Capital expenditures	(51)	(67)
Acquisitions, net of cash acquired	0	(359)
Proceeds from dispositions	146	741
Other investing activities	0	3
Net cash flow provided by investing activities	49	219
Financing Activities:
Repayments of short-term debt borrowings, net	(186)	(674)
Proceeds from issuance of senior notes	0	493
Repayment of notes and debentures	0	(600)
Dividends	(152)	(150)
Purchase of Company common stock	(58)	(14)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation	(50)	(41)
Other financing activities	(33)	(32)
Net cash flow used for financing activities	(479)	(1,018)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(29)	1
Net (decrease) increase in cash, cash equivalents and restricted cash	(103)	131
Cash, cash equivalents and restricted cash at beginning of period (includes $202 (2020) and $120 (2019) of restricted cash)	834	976
Cash, cash equivalents and restricted cash at end of period (includes $142 (2020) and $121 (2019) of restricted cash)	$ 731	$ 1,107