XML 19 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 415 $ 422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 165 151
Provision for doubtful accounts 5 0
Deferred income tax provision 13 39
Stock-based compensation expense 32 34
Other, net (33) 18
Changes in operating assets and liabilities:    
Accounts receivable (81) (127)
Accounts payable and accrued expenses 27 (64)
Income taxes payable 15 (7)
Other assets and liabilities, net 38 37
Net cash provided by operating activities 596 503
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (56) (165)
Capital expenditures (132) (151)
Increase in investments and other assets (14) (14)
Net cash used in investing activities (202) (330)
Cash flows from financing activities:    
Proceeds from borrowings 1,484 1,520
Repayments of debt (1,448) (1,553)
Purchases of treasury stock (103) (50)
Exercise of stock options 66 71
Employee payroll tax withholdings on stock issued under stock-based compensation plans (16) (20)
Dividends paid (143) (129)
Distributions to noncontrolling interest partners (27) (28)
Contributions from noncontrolling interest partners 0 4
Other financing activities, net (69) 7
Net cash used in financing activities (256) (178)
Net change in cash and cash equivalents and restricted cash 138 (5)
Cash and cash equivalents and restricted cash, beginning of period 135 137
Cash and cash equivalents and restricted cash, end of period 273 132
Cash and cash equivalents 135  
Cash and cash equivalents and restricted cash, end of period $ 135 $ 137