Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.19.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net earnings (loss) $ 196 $ 595
Adjustments to reconcile net earnings to net cash provided by operating activities:    
(Earnings) loss from discontinued operations   (141)
Depreciation and amortization 311 322
Stock-based compensation 37 46
Share of (earnings) losses of affiliates, net 68 60
Realized and unrealized (gains) losses on financial instruments, net 194 (119)
Deferred income tax expense (benefit) (21) (1)
Other, net 9 24
Changes in operating assets and liabilities    
Current and other assets 568 469
Payables and other liabilities (769) (544)
Net cash provided (used) by operating activities 593 711
Cash flows from investing activities:    
Investments in and loans to cost and equity investees (76) (50)
Capital expenditures (167) (98)
Other investing activities, net (124) (58)
Net cash provided (used) by investing activities (367) (206)
Cash flows from financing activities:    
Borrowings of debt 1,909 2,502
Repayments of debt (1,912) (2,381)
GCI Liberty Split-Off   (475)
Repurchases of Qurate Retail common stock (296) (493)
Withholding taxes on net settlements of stock-based compensation (8) (21)
Indemnification payment from GCI Liberty, Inc.   133
Other financing activities, net (53) (21)
Net cash provided (used) by financing activities (360) (756)
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash 1 4
Net increase (decrease) in cash, cash equivalents and restricted cash (133) (247)
Cash, cash equivalents and restricted cash at beginning of period 660 912
Cash, cash equivalents and restricted cash at end of period $ 527 $ 665