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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income $ 62 $ 72
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 170 177
Bad debts expense 7 33
Stock-based compensation expense 6 7
Deferred income taxes, net 23 52
Equity in earnings of unconsolidated entities (42) (45)
Distributions from unconsolidated entities 22 24
(Gain) loss on asset disposals, net 5 4
(Gain) loss on sale of business and other exit costs, net (1) 0
Other operating activities (1) 0
Changes in assets and liabilities from operations    
Accounts receivable 4 55
Equipment installment plans receivable (18) 23
Inventory 7 (50)
Accounts payable (86) 97
Customer deposits and deferred revenues 7 (10)
Accrued taxes 3 (49)
Accrued interest 9 9
Other assets and liabilities (53) (57)
Net cash provided by operating activities 124 342
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (133) (315)
Cash paid for licenses (1,256) (26)
Cash paid for investments 0 (1)
Cash received from divestitures and exchanges 1 0
Net cash used in investing activities (1,388) (342)
Cash flows from financing activities    
Issuance of long-term debt 492 0
Repayment of long-term debt 0 (2)
Common Shares reissued for benefit plans, net of tax payments (1) 0
Repurchase of Common Shares (2) (21)
Payment of debt issuance costs (1) (1)
Distributions to noncontrolling interests (1) (1)
Other financing activities (2) 1
Net cash provided by (used in) financing activities 485 (24)
Net decrease in cash, cash equivalents and restricted cash (779) (24)
Cash, cash equivalents and restricted cash    
Beginning of period 1,291 291
End of period $ 512 $ 267