Frontier communications corporation (FTR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Cash flows provided from (used by) operating activities:
Net loss

-5,911

-643

-1,804

-373

-196

133

115

153

157

155

123

184

Adjustments to reconcile net loss to net cash provided from (used by) operating activities:
Depreciation and amortization

1,780

1,954

2,184

2,031

1,320

1,139

1,170

1,266

1,403

893

476

561

Loss on extinguishment of debt

-20

32

-88

-7

-

-

-160

-90

-

0

-45

-6

Pension settlement costs

57

41

83

-

-

-

-

-

-

-

-

-

Pension settlement costs

-

-

-

-

-

-

-44

-

-

-

-

-

Pension/OPEB costs

-

-

-

-

10

-18

37

28

23

40

34

0

Special termination benefits

44

-

5

26

-

-

-

-

-

-

-

-

Stock-based compensation expense

15

18

14

24

27

23

17

16

14

14

9

7

Gains on sale of assets

-

-

-

-

-

37

15

-

-

-

-

-

Amortization of deferred financing costs

30

34

33

46

191

10

12

-

-

-

-

-

Other adjustments

-

32

14

12

-

-22

1

-10

28

-10

-2

8

Deferred income taxes

619

67

1,385

206

167

78

7

-80

-87

85

-61

33

Goodwill impairment

5,725

641

2,748

-

-

-

-

-

-

-

-

-

Loss on disposal of Northwest Operations

-446

-

-

-

-

-

-

-

-

-

-

-

Change in accounts receivable

-48

-65

-122

19

-62

61

-50

-43

72

33

-21

-9

Change in accounts payable and other liabilities

-122

-141

-298

67

116

90

-6

-148

-84

106

13

52

Change in prepaid expenses, income taxes and other assets

5

26

-74

-85

48

-47

80

-11

-71

50

44

3

Net cash provided from operating activities

1,508

1,812

1,850

1,676

1,315

1,270

1,496

1,552

1,572

1,222

742

739

Cash flows provided from (used by) investing activities:
Cash paid for CTF acquisition

-

-

-

9,871

-

-

-

-

-

82

0

-

Cash transferred from/(to) escrow

-

-

-

-

-

-

-31

-102

-43

115

0

-

Cash paid for Conn. Acquisition

-

-

-

-

-

2,018

-

-

-

-

-

-

Capital expenditures

1,226

1,192

1,154

1,259

710

572

635

748

748

480

230

288

The cash outflow towards acquisition and integration related activities. Payment includes finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

-

-

34

142

153

116

-

54

76

96

24

-

Network expansion funded by Connect America Fund - Phase I

-

-

-

-

22

56

33

4

-

0

-

-

Proceeds on sale of assets

88

11

110

8

22

-

-

-

-

-

-

-

Grant funds received for network expansion from Connect America Fund - Phase I

-

-

-

-

-

4

64

65

-

0

-

-

Proceeds on sale of assets

-

-

-

-

-

39

18

-

-

-

-

-

Cash paid for an acquisition, net of cash acquired

-

-

-

-

17

-

-

-

-

-

-

-

Other

-4

-5

-24

-5

-2

-32

-12

-4

-19

-1

-0

-5

Net cash used by investing activities

-1,134

-1,176

-1,054

-11,259

-878

-2,687

-543

-634

-762

-773

-255

-282

Cash flows provided from (used by) financing activities:
Long-term debt principle payments

2,008

2,515

1,811

453

298

260

1,563

756

552

7

1,027

142

Proceeds from long-term debt borrowings

1,650

1,840

1,500

1,940

6,603

1,911

750

1,360

575

0

1,117

135

Proceeds from revolving debt

949

525

-

-

-

-

-

-

-

-

-

-

Repayment of revolving debt

475

250

-

-

-

-

-

-

-

-

-

-

Financing costs paid

44

43

15

39

119

40

19

27

5

12

2

0

Settlement of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-15

Proceeds from issuance of common stock, net

-

-

-

-

799

-

-

-

-

-

0

1

Proceeds from issuance of preferred stock, net

-

-

-

-

1,866

-

-

-

-

-

-

-

Common stock repurchased

-

-

-

-

-

-

-

-

-

-

-

200

Dividends paid on common stock

-

-

266

493

456

401

400

399

746

529

312

318

Dividends paid on preferred stock

-

107

214

214

120

-

-

-

-

-

-

-

Premium paid to retire debt

-

17

86

-

-

-

159

72

-

0

66

6

Finance lease obligation payments

35

36

42

-

-

-

-

-

-

-

-

-

Finance lease obligation payments

-

-

-

8

-

-

-

-

-

-

-

-

Other

-5

-5

-8

-8

-14

-2

-9

-21

-5

-6

-1

-3

Net cash used by financing activities

32

-608

-942

725

8,261

1,208

-1,400

82

-735

-555

-292

-519

Increase (Decrease) in cash, cash equivalents, and restricted cash

406

28

-146

-8,858

8,698

-209

-447

1,000

74

-107

195

-62

Supplemental cash flow information:
Cash paid during the period for:
Interest

1,469

1,507

1,548

1,467

728

656

668

636

653

511

364

365

Income tax payments, net

4

4

-51

-120

28

70

94

4

-33

19

59

78

Non-cash investing and financing activities:
Financing obligation for contributions of real property to pension plan

-

37

-

15

-

15

23

-

58

0

0

-

Reduction of pension obligation

-

37

-

15

-

-

-23

-

-58

0

0

-

Increase (decrease) in capital expenditures incurred but not yet paid

13

-

50

-60

-56

-15

40

-

-

-

-

-

Capital lease obligations

-

-

-

111

-

-

-

26

-

0

-

-

Shares issued for the Acquired Business

-

-

-

-

-

-

-

-

-

5,217

0

0

Assumed debt

-

-

-

-

-

-

-

-

-

3,456

0

-

Other acquired liabilities

-

-

-

-

-

-

-

-

-

-

0

-

Increase (decrease) in capital expenditures due to change in accounts payable

-

-

-

-

-

-

-

9

1

-43

0

-

Change in fair value of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

7

Conversion of EPPICS

-

-

-

-

-

-

-

-

-

-

-

0

Conversion of Commonwealth notes

-

-

-

-

-

-

-

-

-

-

-

1