v3.25.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (98) $ (142)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 357 327
Amortization of deferred financing costs and discounts 44 45
Provision for doubtful accounts 13 10
Loss on extinguishment of debt 0 48
Non-cash lease amortization 6 7
(Gain) loss on investments 1 (1)
Stock compensation expense 26 25
Loss on sale and disposal of property and equipment 1 1
Deferred income taxes 11 15
Other non-cash adjustments to net loss (1) (25)
Change in operating assets and liabilities:    
Accounts receivable 20 47
Prepaid expenses and other assets (49) (27)
Income taxes receivable and payable, net 0 (3)
Accounts payable, accrued expenses and other liabilities (113) (247)
Net cash provided by operating activities 218 80
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (223) (264)
Distribution from unconsolidated affiliate 23 0
Other (6) 0
Net cash used in investing activities (206) (264)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt and revolving credit facilities 315 4,825
Repayments of long-term debt and revolving credit facilities (307) (4,828)
Financing obligation payments (2) 0
Debt issuance and extinguishment costs 0 (77)
Distributions to noncontrolling interest owners (10) 0
Taxes paid related to net share settlement of equity awards (15) (14)
Net cash used in financing activities (19) (94)
Decrease in cash, cash equivalents and restricted cash (7) (278)
Cash, cash equivalents and restricted cash, beginning of period 1,016 1,143
Cash, cash equivalents and restricted cash, end of period 1,009 865
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONSOLIDATED CONDENSED BALANCE SHEETS:    
Cash and cash equivalents 884 726
Restricted cash 102 126
Restricted and escrow cash included in other long-term assets, net 23 13
Total cash, cash equivalents and restricted cash 1,009 865
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash interest paid for debt 210 327
Cash interest paid for rent related to financing obligations 336 330
Income taxes paid, net 0 3
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Payables for capital expenditures $ 130 $ 245