v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net loss $ (98) $ (391)
Adjustments to reconcile to net cash provided by operating activities:    
Contract intangible asset amortization 56 48
Depreciation and amortization 187 206
Share-based compensation expense 7 8
Loss on impairment   168
Loss on disposal of assets, net 59 1
(Gain) loss on retirement of debt (51) 57
Deferred income tax expense 2 10
Other, net 7 18
Changes in deferred revenues, net (37) 5
Changes in deferred costs, net 3 (11)
Changes in other operating assets and liabilities, net (39) (167)
Net cash provided by (used in) operating activities 96 (48)
Cash flows from investing activities    
Capital expenditures (59) (107)
Proceeds from disposal of assets, net 6 1
Investments in unconsolidated affiliates   (6)
Net cash used in investing activities (53) (112)
Cash flows from financing activities    
Proceeds from issuance of debt, net of issue costs   743
Repayments of debt (139) (909)
Other, net (10) (9)
Net cash used in financing activities (149) (175)
Net decrease in unrestricted and restricted cash and cash equivalents (106) (335)
Unrestricted and restricted cash and cash equivalents, beginning of period 1,560 2,349
Unrestricted and restricted cash and cash equivalents, end of period $ 1,454 $ 2,014