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Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

v3.8.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) $ 261 $ 169 $ 461 $ 738 Ìý
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization 228 92 615 272 Ìý
Stock-based compensation 85 41 182 109 Ìý
Share of (earnings) loss of affiliates, net (155) (37) (167) (43) Ìý
Realized and unrealized (gains) losses on financial instruments, net (18) (7) 43 33 Ìý
Noncash interest expense Ìý Ìý 9 9 Ìý
Losses (gains) on dilution of investment in affiliate Ìý Ìý (4) 2 Ìý
Deferred income tax expense (benefit) Ìý Ìý 286 407 Ìý
Other, net Ìý Ìý 46 24 Ìý
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý 5 (29) Ìý
Payables and other current liabilities Ìý Ìý (163) 129 Ìý
Net cash provided (used) by operating activities Ìý Ìý 1,313 1,651 Ìý
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in and loans to cost and equity investees Ìý Ìý (760) (762) Ìý
Cash proceeds from sale of investments Ìý Ìý 20 61 Ìý
Net cash paid for the acquisition of Formula 1 Ìý Ìý (1,647) Ìý Ìý
Capital expended for property and equipment Ìý Ìý (407) (318) Ìý
Purchases of short term investments and other marketable securities Ìý Ìý Ìý (258) Ìý
Sales of short term investments and other marketable securities Ìý Ìý Ìý 273 Ìý
Other investing activities, net Ìý Ìý (120) (6) Ìý
Net cash provided (used) by investing activities Ìý Ìý (2,914) (1,010) Ìý
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 5,820 2,019 Ìý
Repayments of debt Ìý Ìý (4,819) (876) Ìý
Proceeds from Issuance of Series C Â鶹×îгöÆ· Formula One Common Stock Ìý Ìý 1,938 Ìý Ìý
Proceeds from Â鶹×îгöÆ· Braves common stock rights offering Ìý Ìý Ìý 203 Ìý
Shares repurchased by subsidiary Ìý Ìý (996) (1,225) Ìý
Cash dividends paid by subsidiary Ìý Ìý (45) Ìý Ìý
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (95) (43) Ìý
Other financing activities, net Ìý Ìý 12 20 Ìý
Net cash provided (used) by financing activities Ìý Ìý 1,815 98 Ìý
Effect of Exchange Rate on Cash and Cash Equivalents Ìý Ìý 7 Ìý Ìý
Net increase (decrease) in cash and cash equivalents Ìý Ìý 221 739 Ìý
Cash and cash equivalents at beginning of period Ìý Ìý 562 201 $ 201
Cash and cash equivalents at end of period $ 783 $ 940 $ 783 $ 940 $ 562