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Consolidated Statements of Cash Flows
$ in Millions
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Cash flows from operating activities:      
Consolidated net income $ 752 $ 1,338 $ 130
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Depreciation and amortization 1,245 1,292 1,333
Deferred income tax (benefit) provision 30 (118) (149)
Interest accretion on landfill liabilities 89 88 87
Interest accretion on and discount rate adjustments to environmental remediation liabilities and recovery assets 1 14 (10)
Provision for bad debts 36 42 39
Equity-based compensation expense 72 65 58
Excess tax benefits associated with equity-based transactions (15) (5) (10)
Net gain on disposal of assets (18) (35) (21)
Effect of goodwill impairments   10 509
Effect of (income) expense from divestitures, asset impairments (other than goodwill) and unusual items and other 87 (137) 535
Equity in net losses of unconsolidated entities, net of dividends 42 42 34
Loss on early extinguishment of debt 555    
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:      
Receivables (178) (268) 44
Other current assets 16 (19) (7)
Other assets (7) 22 4
Accounts payable and accrued liabilities (112) 117 (27)
Deferred revenues and other liabilities (97) (117) (94)
Net cash provided by operating activities 2,498 2,331 2,455
Cash flows from investing activities:      
Acquisitions of businesses, net of cash acquired (554) (35) (724)
Capital expenditures (1,233) (1,151) (1,271)
Proceeds from divestitures of businesses and other assets (net of cash divested) 145 2,253 138
Net receipts from restricted trust and escrow accounts 51 19 71
Investments in unconsolidated entities (20) (33) (33)
Other 3 (58) (81)
Net cash provided by (used in) investing activities (1,608) 995 (1,900)
Cash flows from financing activities:      
New borrowings 2,337 2,817 2,232
Debt repayments (2,764) (3,568) (2,077)
Premiums paid on early extinguishment of debt (555)    
Common stock repurchases (600) (600) (239)
Cash dividends (695) (693) (683)
Exercise of common stock options 77 93 132
Excess tax benefits associated with equity-based transactions 15 5 10
Acquisitions of and distributions paid to noncontrolling interests (1) (125) (59)
Other 31 (1) (3)
Net cash used in financing activities (2,155) (2,072) (687)
Effect of exchange rate changes on cash and cash equivalents (3) (5) (4)
Increase (decrease) in cash and cash equivalents (1,268) 1,249 (136)
Cash and cash equivalents at beginning of year 1,307 58 194
Cash and cash equivalents at end of year $ 39 $ 1,307 $ 58