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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES:    
Net income $ 151 $ 23
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation of property and equipment 24 23
Amortization of definite-lived intangible and other assets 150 43
Amortization of program contract costs and net realizable value adjustments 23 24
Stock-based compensation 17 11
Deferred tax benefit 22 2
Gain on asset disposition and other, net of impairment (32) (8)
Loss from equity method investments 6 14
Distributions from investments 24 1
Amortization of sports programming rights 391 0
Sports programming rights payments (612) 0
Gain on extinguishment of debt (2) 0
Change in assets and liabilities, net of acquisitions:    
Decrease in accounts receivable 34 16
Decrease (increase) in prepaid expenses and other current assets 44 (23)
Decrease in accounts payable and accrued and other current liabilities (240) (18)
Net change in net income taxes payable/receivable (34) 1
Decrease in program contracts payable (23) (24)
Other, net 18 14
Net cash flows (used in) from operating activities (39) 99
CASH FLOWS USED IN INVESTING ACTIVITIES:    
Acquisition of property and equipment (46) (29)
Spectrum repack reimbursements 24 8
Proceeds from the sale of assets 18 0
Purchases of investments (25) (28)
Other, net 6 2
Net cash flows used in investing activities (23) (47)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 873 0
Repayments of notes payable, commercial bank financing, and finance leases (20) (11)
Repurchase of outstanding Class A Common Stock (176) (105)
Dividends paid on Class A and Class B Common Stock (18) (18)
Redemption of redeemable subsidiary preferred equity (198) 0
Distributions to noncontrolling interests, net (3) (2)
Distributions to redeemable noncontrolling interests (378) 0
Other, net (9) (1)
Net cash flows from (used in) financing activities 71 (137)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 9 (85)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period 1,333 1,060
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period $ 1,342 $ 975