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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net income $ 14 $ 52
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 170 171
Bad debts expense 26 25
Stock-based compensation expense 0 7
Deferred income taxes, net 7 22
Equity in earnings of unconsolidated entities (44) (45)
Distributions from unconsolidated entities 20 19
(Gain) loss on asset disposals, net 10 2
(Gain) loss on sale of business and other exit costs, net 0 (1)
Other operating activities 2 1
Changes in assets and liabilities from operations    
Accounts receivable 37 15
Equipment installment plans receivable 1 0
Inventory (1) (4)
Accounts payable (149) (62)
Customer deposits and deferred revenues (10) 9
Accrued taxes 1 130
Accrued interest 9 10
Other assets and liabilities (52) (40)
Net cash provided by operating activities 41 311
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (196) (150)
Cash paid for licenses (5) (561)
Other investing activities 9 1
Net cash used in investing activities (192) (710)
Cash flows from financing activities    
Issuance of long-term debt 115 625
Repayment of long-term debt (3) (126)
Issuance of short-term debt 0 60
Repayment of short-term debt (60) 0
Repurchase of Common Shares 0 (10)
Distributions to noncontrolling interests (1) (1)
Cash paid for software license agreements (7) (2)
Other financing activities (1) (2)
Net cash provided by financing activities 43 544
Net increase (decrease) in cash, cash equivalents and restricted cash (108) 145
Cash, cash equivalents and restricted cash    
Beginning of period 308 199
End of period $ 200 $ 344