Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.5.0.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Statement of Cash Flows [Abstract]    
Net earnings (loss) $ 458 $ 410
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 438 329
Stock-based compensation 55 44
Cash payments for stock-based Compensation (91) (10)
Excess tax benefit from stock-based compensation (8) (16)
Share of (earnings) of affiliates, net 21 (90)
Cash receipts from returns on equity investments 27 27
Realized and unrealized gains (losses) on financial instruments, net (336) (28)
(Gains) losses on transactions, net (9) (111)
Deferred income tax expense 296 (30)
Other noncash charges (credits), net (63) 32
Changes in operating assets and liabilities    
Current and other assets 392 287
Payables and other current liabilities (508) (246)
Net cash provided (used) by operating activities 672 598
Cash flows from investing activities:    
Cash (paid) for acquisitions, net of cash acquired   (20)
Cash proceeds from dispositions of investments 129 271
Investments in and loans to cost and equity investees (42) (98)
Cash receipts from returns of equity investments   200
Capital expended for property and equipment (125) (104)
Purchases of short-term and other marketable securities (264) (626)
Sales of short term and other marketable securities 1,174 677
Investments in equity investees measured at fair value (2,400)  
Other investing activities, net (1) (47)
Net cash used by investing activities (1,529) 253
Cash flows from financing activities:    
Borrowings of debt 1,365 1,467
Repayments of debt (2,019) (1,628)
Repurchases of QVC Group common stock (417) (377)
Minimum withholding taxes on net share settlements of stock-based compensation (13) (13)
Excess tax benefit from stock-based compensation 8 16
Other financing activities, net (10) (24)
Net cash provided (used) by financing activities (1,086) (559)
Effect of foreign currency exchange rates on cash 4 (9)
Net increase (decrease) in cash and cash equivalents (1,939) 283
Cash and cash equivalents at beginning of period 2,449 2,306
Cash and cash equivalents at end of period $ 510 $ 2,589