| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income (loss) | ||||||||||||
860 | 622 | 366 | 357 | 525 | 346 | 60 | 200 | 171 | -311 | -114 | -48 | -222 |
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities: | ||||||||||||
Depreciation, Amortization and Accretion, Net | ||||||||||||
1,572 | 1,527 | 1,241 | 1,109 | 1,036 | 985 | 741 | 622 | 552 | 540 | 529 | 526 | 539 |
Gain (Loss) on Extinguishment of Debt | ||||||||||||
-2 | -106 | -4 | -52 | -4 | -44 | -37 | -131 | 0 | -138 | -91 | 0 | 0 |
Gains (Losses) on Settled Swaps | ||||||||||||
- | - | - | -3 | 54 | 0 | 0 | - | - | - | - | - | - |
Amortization of deferred financing costs and other non-cash interest | ||||||||||||
1 | 7 | 9 | 14 | 37 | 80 | 99 | 109 | 102 | 85 | 61 | 24 | 23 |
Stock-based compensation expense | ||||||||||||
117 | 103 | 92 | 79 | 60 | 51 | 39 | 41 | 32 | 36 | 29 | 25 | 21 |
Asset write-down charges | ||||||||||||
19 | 26 | 17 | 34 | 33 | 14 | 13 | 15 | 22 | 13 | 19 | 16 | 65 |
Deferred income tax (benefit) provision | ||||||||||||
2 | 2 | 15 | 9 | -60 | -21 | 174 | -110 | 4 | -26 | -74 | -113 | -98 |
Income (expense) from forward-starting interest rate swaps | ||||||||||||
- | - | - | - | - | - | - | - | - | 286 | 90 | 34 | 0 |
Impairment of available-for sale securities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -55 | 75 |
Other non-cash adjustments | ||||||||||||
-2 | 2 | -2 | -10 | 8 | 25 | -2 | -0 | -4 | -0 | -0 | -1 | -1 |
Changes in assets and liabilities, excluding the effects of acquisitions: | ||||||||||||
Increase (decrease) in accrued interest | ||||||||||||
21 | 16 | 35 | 30 | 0 | 1 | 12 | -13 | 0 | -4 | 52 | -1 | 3 |
Increase (decrease) in accounts payable | ||||||||||||
19 | 37 | -34 | 11 | -5 | 12 | 28 | 34 | -7 | 1 | -1 | -2 | 7 |
Increase (decrease) in other liabilities | ||||||||||||
254 | 271 | 234 | 196 | 325 | 397 | 242 | 98 | 19 | 39 | 9 | 80 | 4 |
Decrease (increase) in receivables | ||||||||||||
-96 | -105 | 71 | 59 | -12 | 77 | 64 | 98 | 17 | 11 | 4 | 5 | -3 |
Decrease (increase) in other assets | ||||||||||||
-71 | -114 | -16 | 58 | 112 | 209 | 216 | 261 | 242 | 186 | 117 | 78 | 72 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||||
2,698 | 2,500 | 2,032 | 1,787 | 1,794 | 1,600 | 1,171 | 772 | 643 | 603 | 571 | 513 | 350 |
Cash flows from investing activities: | ||||||||||||
Proceeds from disposition of property and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1 | 2 |
Payments for acquisitions, net of cash acquired | ||||||||||||
-17 | -42 | -9,260 | 557 | 1,102 | 461 | 4,931 | 3,759 | 37 | 139 | 2 | 27 | 494 |
Capital expenditures | ||||||||||||
-2,057 | -1,739 | -1,217 | 874 | 908 | 758 | 534 | 441 | 347 | 228 | 173 | 450 | 300 |
Net (payments) receipts from settled swaps | ||||||||||||
- | - | - | 8 | 54 | 0 | 0 | - | - | - | - | - | - |
Other investing activities, net | ||||||||||||
-7 | -12 | -5 | 6 | 3 | -3 | -7 | -1 | 14 | 23 | -3 | - | - |
Payments for investments and other | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | - |
Net cash provided by (used for) investing activities | ||||||||||||
-2,081 | -1,793 | -10,482 | -1,429 | -1,959 | -1,216 | -5,459 | -4,199 | -399 | -390 | -172 | -476 | -791 |
Cash flows from financing activities: | ||||||||||||
Proceeds from issuance of long-term debt | ||||||||||||
1,894 | 2,742 | 3,093 | 5,201 | 1,000 | 845 | 1,618 | 5,250 | 0 | 3,450 | 2,726 | 0 | 650 |
Principal payments on debt and other long-term obligations | ||||||||||||
-86 | -105 | -119 | 96 | 102 | 116 | 101 | 80 | 35 | 26 | 6 | 6 | - |
Purchases and redemptions of long-term debt | ||||||||||||
-12 | -2,346 | 0 | 4,045 | 1,069 | 836 | 762 | 1,978 | 0 | 3,541 | 2,191 | - | 4 |
Purchases and redemptions of long-term debt | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Purchases of preferred stock | ||||||||||||
- | - | - | - | - | - | - | - | 15 | 0 | 0 | - | - |
Borrowings under revolving credit facility | ||||||||||||
2,110 | 1,820 | 2,820 | 3,440 | 1,790 | 1,019 | 976 | 1,253 | 283 | 157 | 50 | 94 | 75 |
Payments under revolving credit facility | ||||||||||||
-2,660 | -1,725 | -1,840 | 4,565 | 1,360 | 698 | 1,855 | 251 | 189 | 0 | 219 | 0 | 0 |
Net issuances (repayments) under commercial paper program | ||||||||||||
155 | 0 | - | - | - | - | - | - | - | - | - | - | - |
Payments for financing costs | ||||||||||||
-24 | -31 | -29 | 42 | 19 | 15 | 30 | 78 | 0 | 59 | 67 | 1 | 9 |
Net proceeds from issuance of common stock | ||||||||||||
0 | 841 | 4,221 | 1,326 | 0 | 0 | 2,980 | 0 | 1 | 18 | 45 | 8 | 31 |
Net proceeds from issuance of preferred stock | ||||||||||||
0 | 0 | 1,608 | 0 | 0 | - | 950 | 0 | 0 | - | - | - | - |
Purchases of Common Stock | ||||||||||||
-44 | -34 | -23 | 25 | 29 | 21 | 99 | 36 | 303 | 159 | 3 | 44 | 729 |
Payments for forward-starting interest rate swap settlements | ||||||||||||
- | - | - | - | - | - | - | - | - | 697 | 36 | 0 | 0 |
Net (increase) decrease in restricted cash | ||||||||||||
- | - | - | - | 16 | 30 | 385 | -288 | 1 | 11 | -62 | 17 | -33 |
Dividends/distributions paid on common stock | ||||||||||||
-1,912 | -1,782 | -1,509 | 1,239 | 1,116 | 624 | 0 | 0 | - | - | - | - | - |
Dividends/distributions paid on preferred stock | ||||||||||||
-113 | -113 | -30 | 44 | 43 | 44 | 0 | 2 | 19 | 19 | 19 | 19 | 19 |
Capital distribution to noncontrolling interest holders of CCAL | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 37 |
Net cash provided by (used for) financing activities | ||||||||||||
-692 | -733 | 8,192 | -89 | -935 | -462 | 4,063 | 3,786 | -275 | -866 | 214 | 47 | -77 |
Net increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||||
-75 | -26 | -258 | 269 | -1,101 | -79 | -225 | 361 | -32 | -653 | 610 | 79 | -517 |
Net Cash Provided by (Used in) Discontinued Operations [Abstract] | ||||||||||||
Cash Provided by (Used in) Operating Activities, Discontinued Operations | ||||||||||||
- | - | - | - | 2 | 65 | 66 | - | - | - | - | - | - |
Net cash provided by (used for) investing activities | ||||||||||||
- | - | - | 113 | 1,103 | -26 | -61 | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents - discontinued operations | ||||||||||||
- | - | - | 113 | 1,106 | 39 | 4 | - | - | - | - | - | - |
Effect of Exchange Rate on Cash and Cash Equivalents [Abstract] | ||||||||||||
Effect of exchange rate changes | ||||||||||||
0 | -1 | 1 | 0 | -1 | -8 | 2 | 1 | -0 | 0 | -2 | -4 | 1 |