QWEST CORP CTW Cash Flow

Qwest corp (CTW)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11
OPERATING ACTIVITIES
OPERATING ACTIVITIES
Net income
1,843	1,827	1,846	1,822	1,772	1,665	2,106	1,918	1,759	1,657	1,049	1,039	1,059	1,085	1,168	1,181	1,131	1,074	969	946	964	970	990	963	953	964	969	963	895	849	787	774	761	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
1,356	1,364	1,372	1,388	1,412	1,436	1,483	1,520	1,552	1,583	1,605	1,632	1,663	1,691	1,732	1,774	1,814	1,857	1,898	1,933	1,969	2,005	2,033	2,067	2,096	2,128	2,173	2,207	2,252	2,290	2,334	2,385	2,434	0	0	0
Deferred income taxes
122	100	-57	-13	56	48	-671	-714	-782	-773	-164	-151	-137	-123	1	-44	-114	-189	-210	-228	-234	-228	-232	-220	-190	-152	-258	-210	-188	-201	-140	-26	88	0	0	0
Provision for uncollectible accounts
50	51	45	48	51	60	70	76	76	74	77	77	78	80	77	79	78	78	79	78	76	64	63	62	63	65	61	59	67	74	72	70	64	0	0	0
Net long-term debt issuance costs and premium amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16	-18	-18	-26	-33	-38	-45	-45	-47	-51	-55	-58	-58	-65	-75	-109	-155	0	0	0
Accrued interest on affiliate note
62	61	61	57	57	43	43	37	67	51	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss on early retirement of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Changes in current assets and liabilities:
Accounts receivable
-24	19	-42	12	62	-40	-22	18	-33	20	82	9	39	92	50	74	45	26	39	31	97	66	69	91	26	94	76	136	94	76	117	21	82	0	0	0
Accounts payable
-68	-50	60	35	49	69	-47	-22	-85	-44	6	5	-14	5	-116	-129	-37	-79	56	16	-37	-9	-49	-6	14	-1	12	-2	73	-58	-87	-58	-129	0	0	0
Accounts receivable and payable-affiliates, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Accrued income and other taxes
-9	-46	-14	-2	-20	-34	1	-5	-1	-1	-17	-15	-29	-14	-27	-18	-10	-8	4	-5	-16	-9	-12	-6	-3	-9	-11	-13	-17	-9	-19	-1	6	0	0	0
Other current assets and liabilities, net
-1	-60	-60	-58	-75	-40	49	32	19	36	23	-5	45	-47	81	5	66	-1	-12	-30	-38	-34	-45	-42	-43	-34	8	8	89	17	-13	107	-65	0	0	0
Other current assets and liabilities - affiliates, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets and liabilities - affiliates, net
0	-1	-1	-4	-2	-8	-9	-16	13	-11	0	0	0	-	-	-	3	4	-1	-5	-9	-9	0	0	0	-	-	0	0	-	-	-	-	-	-	-
Changes in other noncurrent assets and liabilities, net
-10	-15	-94	-220	-487	-473	-378	-273	-6	-17	-46	-27	-30	-1	25	18	41	30	26	21	4	-1	-7	0	-6	0	-66	-90	-61	-61	59	62	-4	0	0	0
Changes in affiliate obligations, net
-44	-49	-78	-105	-109	-105	-116	-88	-86	-88	-111	-110	-160	-117	-200	-178	-103	-123	-41	-10	-3	8	103	280	233	179	159	-29	52	130	114	126	90	0	0	0
Other, net
26	17	12	21	12	18	-15	-4	-10	-1	-6	0	11	-4	10	5	-4	1	3	-2	1	-1	-7	-11	-8	-8	-13	-2	-6	-9	-23	-40	-38	0	0	0
Net cash provided by operating activities
3,385	3,332	3,456	3,545	3,814	3,791	3,272	2,968	2,520	2,435	2,457	2,586	2,529	2,652	2,561	2,621	2,611	2,591	2,833	2,778	2,712	2,801	2,689	2,692	2,779	2,713	2,727	2,766	2,821	2,774	2,705	2,897	2,904	0	0	0
INVESTING ACTIVITIES
Capital expenditures
1,084	1,055	1,085	1,047	1,036	1,040	974	1,144	1,302	1,328	1,485	1,407	1,306	1,259	1,208	1,229	1,258	1,247	1,265	1,226	1,199	1,165	1,107	1,160	1,228	1,264	1,326	1,273	1,187	1,266	1,294	1,336	1,377	0	0	0
Changes in advances to affiliates
-563	694	935	-228	120	119	-185	830	178	152	-125	33	-231	84	-409	-384	114	-24	104	629	79	100	567	36	223	119	-19	-825	294	395	-77	1,123	435	0	0	0
Proceeds from sale of property, plant and equipment and other assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash provided by (used in) investing activities
-518	-1,723	-1,995	-792	-1,128	-1,153	-778	-1,966	-1,476	-1,436	-1,320	-1,393	-1,025	-1,334	-789	-842	-1,369	-1,220	-1,355	-1,841	-1,264	-1,251	-1,672	-1,194	-1,449	-1,381	-1,307	-448	-1,348	-1,528	-1,084	-2,325	-1,810	0	0	0
FINANCING ACTIVITIES
Net proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	1,173	1,173	623	623	495	495	582	582	483	0	0	0	-	-	-	-	-	-	-	-	0	0	0
Payments of long-term debt
1,118	12	14	1,357	1,358	1,359	1,367	22	644	641	628	1,575	1,186	1,189	1,595	652	515	517	720	723	633	641	45	46	796	806	805	1,291	1,428	1,430	2,934	2,452	2,394	0	0	0
Early retirement of debt costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Dividends paid to Qwest Services Corporation
1,750	1,600	1,450	1,400	1,325	1,275	1,125	975	1,050	1,000	1,150	1,200	1,250	1,300	1,350	1,750	1,350	1,350	1,250	800	1,400	1,400	1,475	1,475	1,325	1,325	0	0	0	-	-	-	-	0	0	0
Net cash used in financing activities
-2,868	-1,612	-1,464	-2,757	-2,683	-2,634	-2,492	-997	-1,056	-1,003	-1,140	-1,191	-1,490	-1,316	-1,774	-1,781	-1,244	-1,374	-1,475	-941	-1,451	-1,558	-1,024	-1,496	-1,332	-1,326	-1,416	-2,314	-1,462	-1,241	-1,619	-580	-1,295	0	0	0
Changes in note payable - affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	762	790	778	701	0	0	0	-	-	-
Net increase in cash, cash equivalents and restricted cash
-1	-3	-3	-4	3	4	2	5	-12	-4	-3	2	14	2	-2	-2	-2	-3	3	-4	-3	-8	-7	2	-2	6	4	4	11	5	2	-8	-201	0	0	0
Supplemental cash flow information:
Income taxes paid, net
521	539	634	341	18	-8	245	542	873	907	827	807	800	801	694	870	793	848	855	738	874	861	852	818	783	750	884	834	771	607	0	0	0	-	-	-
Interest paid (net of capitalized interest of $10 and $6)
367	378	381	418	448	466	490	475	476	467	478	468	488	488	503	499	499	497	509	499	512	505	512	521	518	513	502	481	520	513	0	0	0	-	-	-