| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income | ||||||
139 | 20 | 1,494 | -831 | |||
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||
Depreciation, Depletion and Amortization | ||||||
2,263 | 2,382 | 2,930 | 1,700 | |||
Impairment of assets included in restructuring charges | ||||||
- | - | - | 2 | |||
Equity in net loss of affiliates | ||||||
0 | -10 | -10 | -1 | |||
Gain (Loss) on Investments And Sale Of Affiliated Interests | ||||||
473 | -250 | 237 | 142 | |||
Loss (gain) on equity derivative contracts, net | ||||||
-282 | 218 | -236 | -53 | |||
Loss on extinguishment of debt and write-off of deferred financing costs | ||||||
-243 | -48 | -600 | -127 | |||
Amortization of deferred financing costs and discounts (premiums) on indebtedness | ||||||
106 | 85 | 31 | 27 | |||
Settlement loss related to pension plan | ||||||
- | - | - | 3 | |||
Share-based compensation expense related to equity classified awards | ||||||
99 | 59 | 57 | 14 | |||
Deferred income taxes | ||||||
14 | -67 | -2,880 | -263 | |||
Excess tax benefit on share-based awards | ||||||
- | - | - | 0 | |||
Provision for doubtful accounts | ||||||
91 | 71 | 74 | 53 | |||
Change in assets and liabilities, net of effects of acquisitions and dispositions: | ||||||
Accounts receivable, trade | ||||||
91 | 144 | 89 | 58 | |||
Other receivables | ||||||
21 | -4 | 12 | -9 | |||
Prepaid expenses and other assets | ||||||
100 | 14 | 7 | -56 | |||
Amounts due from and due to affiliates | ||||||
7 | -11 | 34 | -41 | |||
Accounts payable | ||||||
-33 | 12 | 73 | -11 | |||
Accrued liabilities | ||||||
-44 | -130 | -241 | 312 | |||
Deferred revenue | ||||||
-10 | 72 | 12 | 9 | |||
Liabilities related to interest rate swap contracts | ||||||
30 | 53 | -0 | 78 | |||
Net cash provided by operating activities | ||||||
2,554 | 2,508 | 2,018 | 1,184 | |||
Cash flows from investing activities: | ||||||
Capital expenditures | ||||||
1,355 | 1,153 | 951 | 625 | |||
Payment for acquisitions, net of cash acquired | ||||||
172 | 10 | 46 | 8,988 | |||
Sale of affiliate interest | ||||||
- | 3 | - | - | |||
Proceeds related to sale of equipment and costs of disposal | ||||||
3 | 10 | 9 | 5 | |||
Sale of affiliate interest | ||||||
1 | - | 0 | -13 | |||
Decrease in other investments | ||||||
-0 | -9 | 4 | 4 | |||
Payments for Derivative Instrument, Investing Activities | ||||||
0 | 0 | 97 | 0 | |||
Additions to other intangible assets | ||||||
4 | 0 | 1 | 0 | |||
Net cash used in investing activities | ||||||
-1,525 | -1,148 | -1,092 | -9,599 | |||
Cash flows from financing activities: | ||||||
Proceeds from credit facility debt, net of discounts | ||||||
5,040 | 3,489 | 5,593 | 5,510 | |||
Repayment of credit facility debt | ||||||
3,832 | 2,221 | 4,411 | 9,133 | |||
Proceeds from notes payable to affiliates and related parties | ||||||
- | - | - | 1,750 | |||
Proceeds from issuance of senior notes | ||||||
4,054 | 2,050 | 0 | 1,310 | |||
Redemption of senior notes, including premiums and fees | ||||||
4,225 | 2,628 | 1,729 | 0 | |||
Proceeds from collateralized indebtedness | ||||||
93 | 516 | 838 | 179 | |||
Repayment of collateralized indebtedness and related derivative contracts, net | ||||||
0 | 516 | 831 | 143 | |||
Payments of dividends | ||||||
0 | 1,499 | 919 | 365 | |||
Proceeds from IPO, net of fees | ||||||
- | - | - | 0 | |||
Proceeds from Contributed Capital | ||||||
0 | 0 | 1 | 1,246 | |||
Proceeds from notes payable | ||||||
65 | 15 | 33 | 0 | |||
Repayment of notes payable | ||||||
102 | 32 | 0 | 0 | |||
Excess tax benefit on share-based awards | ||||||
- | - | - | 0 | |||
Principal payments on finance lease obligations | ||||||
8 | 10 | 15 | 18 | |||
Purchase of shares of Class A common stock, pursuant to a share repurchase program | ||||||
- | - | - | 0 | |||
Additions to deferred financing costs | ||||||
23 | 28 | 8 | 203 | |||
Contingent payment for acquisition | ||||||
0 | 30 | 0 | 0 | |||
Proceeds from (Payments to) Noncontrolling Interests | ||||||
-1 | 5 | -0 | 0 | |||
Other | ||||||
- | - | - | 0 | |||
Net cash used in financing activities | ||||||
-624 | -1,390 | -1,099 | 131 | |||
Net decrease in cash and cash equivalents | ||||||
404 | -31 | -172 | -8,283 | |||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-1 | -0 | 0 | 0 | |||
Net decrease in cash and cash equivalents | ||||||
403 | -31 | -172 | -8,283 | |||
Restructuring Reserve, Settled without Cash | ||||||
16 | 0 | 0 | - | |||
Non-cash lease expense | ||||||
46 | 0 | 0 | - | |||
CSC Holdings | ||||||
Net income | ||||||
212 | 260 | 2,577 | - | |||
Depreciation, Depletion and Amortization | ||||||
2,263 | 2,382 | 2,930 | - | |||
Equity in net loss of affiliates | ||||||
0 | -10 | -10 | - | |||
Gain (Loss) on Investments And Sale Of Affiliated Interests | ||||||
473 | -261 | 237 | - | |||
Loss (gain) on equity derivative contracts, net | ||||||
-282 | 218 | -138 | - | |||
Loss on extinguishment of debt and write-off of deferred financing costs | ||||||
-228 | -7 | -53 | - | |||
Amortization of deferred financing costs and discounts (premiums) on indebtedness | ||||||
90 | 43 | 13 | - | |||
Settlement loss and amortization of actuarial losses related to pension and postretirement plans | ||||||
1 | 1 | 1 | - | |||
Share-based compensation expense related to equity classified awards | ||||||
99 | 59 | 57 | - | |||
Deferred income taxes | ||||||
-238 | -251 | -3,026 | - | |||
Provision for doubtful accounts | ||||||
91 | 71 | 74 | - | |||
Accounts receivable, trade | ||||||
91 | 144 | 89 | - | |||
Other receivables | ||||||
12 | -4 | 12 | - | |||
Prepaid expenses and other assets | ||||||
100 | 27 | 12 | - | |||
Amounts due from and due to affiliates | ||||||
-247 | -175 | 413 | - | |||
Accounts payable | ||||||
-33 | 12 | 73 | - | |||
Accrued liabilities | ||||||
-27 | -7 | -97 | - | |||
Deferred revenue | ||||||
-10 | 72 | 20 | - | |||
Liabilities related to interest rate swap contracts | ||||||
30 | 53 | -0 | - | |||
Net cash provided by operating activities | ||||||
2,623 | 2,766 | 2,061 | - | |||
Capital expenditures | ||||||
1,355 | 1,153 | 951 | - | |||
Payment for acquisitions, net of cash acquired | ||||||
172 | 10 | 46 | - | |||
Sale of affiliate interest | ||||||
1 | 3 | 0 | - | |||
Proceeds related to sale of equipment, including costs of disposal | ||||||
3 | 10 | 9 | - | |||
Decrease (increase) in other investments | ||||||
-0 | 2 | 4 | - | |||
Additions to other intangible assets | ||||||
4 | 0 | 1 | - | |||
Net cash used in investing activities | ||||||
-1,525 | -1,160 | -994 | - | |||
Proceeds from credit facility debt, net of discounts | ||||||
5,040 | 3,489 | 5,593 | - | |||
Repayment of credit facility debt | ||||||
3,832 | 2,221 | 4,411 | - | |||
Proceeds from issuance of senior notes | ||||||
4,054 | 1,000 | 0 | - | |||
Redemption of senior notes, including premiums and fees | ||||||
3,703 | 805 | 350 | - | |||
Proceeds from collateralized indebtedness | ||||||
93 | 516 | 838 | - | |||
Repayment of collateralized indebtedness and related derivative contracts, net | ||||||
0 | 516 | 831 | - | |||
Payments of dividends | ||||||
2,279 | 3,058 | 2,777 | - | |||
Proceeds from Contributed Capital | ||||||
0 | 50 | 761 | - | |||
Proceeds from notes payable | ||||||
65 | 15 | 33 | - | |||
Repayment of notes payable | ||||||
102 | 32 | 0 | - | |||
Principal payments on finance lease obligations | ||||||
8 | 10 | 15 | - | |||
Additions to deferred financing costs | ||||||
23 | 28 | 8 | - | |||
Contingent payment for acquisition | ||||||
0 | 30 | 0 | - | |||
Proceeds from (Payments to) Noncontrolling Interests | ||||||
-1 | 5 | -0 | - | |||
Net cash used in financing activities | ||||||
-697 | -1,625 | -1,166 | - | |||
Net decrease in cash and cash equivalents | ||||||
400 | -19 | -99 | - | |||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-1 | -0 | 0 | - | |||
Net decrease in cash and cash equivalents | ||||||
399 | -19 | -99 | - | |||
Restructuring Reserve, Settled without Cash | ||||||
16 | 0 | 0 | - | |||
Non-cash lease expense | ||||||
46 | 0 | 0 | - | |||