v3.23.2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 20 $ 74
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 330 342
Bad debts expense 50 51
Stock-based compensation expense 6 14
Deferred income taxes, net 25 31
Equity in earnings of unconsolidated entities (82) (82)
Distributions from unconsolidated entities 78 80
Loss on impairment of licenses 0 3
(Gain) loss on asset disposals, net 13 8
Other operating activities 3 3
Changes in assets and liabilities from operations    
Accounts receivable 35 (17)
Equipment installment plans receivable 7 (25)
Inventory 52 (33)
Accounts payable (106) (8)
Customer deposits and deferred revenues (9) 6
Accrued taxes 1 135
Accrued interest (1) 1
Other assets and liabilities (32) (5)
Net cash provided by operating activities 390 578
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (351) (288)
Cash paid for licenses (8) (563)
Advance payments for license acquisitions 0 (1)
Other investing activities 14 1
Net cash used in investing activities (345) (851)
Cash flows from financing activities    
Issuance of long-term debt 115 625
Repayment of long-term debt (156) (227)
Issuance of short-term debt 0 60
Repayment of short-term debt (60) 0
Common Shares reissued for benefit plans, net of tax payments (6) (5)
Repurchase of Common Shares 0 (18)
Distributions to noncontrolling interests (2) (2)
Cash paid for software license agreements (19) (3)
Other financing activities (1) (1)
Net cash provided by (used in) financing activities (129) 429
Net increase (decrease) in cash, cash equivalents and restricted cash (84) 156
Cash, cash equivalents and restricted cash    
Beginning of period 308 199
End of period $ 224 $ 355