XML 19 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 284 $ 183
Adjustment to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 685 584
Amortization of debt issue costs 17 9
Gain on sale of business (88) 0
Stock-based compensation 61 68
Deferred income taxes (132) (82)
Excess income tax benefit from exercise of stock options 0 (19)
Other operating activities 0 (2)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:    
Trade receivables 45 118
Settlement activity (19) 2
Prepaid expenses and other assets (52) (54)
Deferred contract costs (70) (61)
Deferred revenue 9 132
Accounts payable, accrued liabilities, and other liabilities (212) (58)
Net cash provided by operating activities 528 820
Cash flows from investing activities:    
Additions to property and equipment (69) (70)
Additions to computer software (228) (223)
Proceeds from sale of business 846 0
Other investing activities, net (3) (3)
Net cash provided by (used in) investing activities 546 (296)
Cash flows from financing activities:    
Borrowings 3,698 2,727
Repayment of borrowings (4,557) (3,060)
Excess income tax benefit from exercise of stock options 0 19
Proceeds from exercise of stock options 109 68
Treasury stock activity (43) (26)
Dividends paid (192) (171)
Other financing activities, net (5) (18)
Net cash used in financing activities (990) (461)
Effect of foreign currency exchange rate changes on cash 19 20
Net increase in cash and cash equivalents 103 83
Cash and cash equivalents, beginning of period 683 682
Cash and cash equivalents, end of period 786 765
Supplemental cash flow information:    
Cash paid for interest 195 183
Cash paid for income taxes $ 452 $ 141