T-MOBILE US, INC. TMUS Cash Flow

T-mobile us, inc. (TMUS)

CashFlow / Quarterly

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	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Operating activities
Net income
951	751	870	939	908	640	795	782	671	2,707	550	581	698	390	366	225	479	297	138	361	-63	-	-	-	-	-	-	-	-	-	-	-	21	-4,928	69	84	56	13	77	79	22
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization
1,718	1,776	1,655	1,585	1,600	1,640	1,637	1,634	1,575	1,485	1,416	1,519	1,564	1,548	1,568	1,575	1,552	1,369	1,157	1,075	1,087	-	-	-	-	-	-	-	-	-	-	-	152	2,579	139	134	128	118	113	109	107
Cost of abandoned cell sites
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	1	0	0	0
Stock-based compensation expense
138	129	126	130	110	100	115	112	97	85	82	72	67	64	59	60	52	48	42	56	55	-	-	-	-	-	-	-	-	-	-	-	10	-32	9	10	11	11	11	11	11
Gain on maturity or sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0
Accretion of asset retirement obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	1	1	1	0	1	1	-0
Other non-cash expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Deferred income tax expense
310	242	294	267	288	218	284	272	206	-1,999	347	345	-97	291	219	140	264	174	134	-2	-50	-	-	-	-	-	-	-	-	-	-	-	14	-352	37	49	32	1	48	51	14
Bad debt expense
113	89	74	71	73	88	80	75	54	90	123	82	93	119	118	119	121	163	172	108	104	-	-	-	-	-	-	-	-	-	-	-	-0	712	0	0	0	-0	-0	0	-0
Losses from sales of receivables
-25	-39	-28	-28	-35	-30	-48	-27	-52	-57	-67	-80	-95	-71	-59	-46	-52	-65	-26	-48	-65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent expense
-	-	0	0	-	5	10	7	4	15	21	20	20	24	32	33	32	36	43	47	41	-	-	-	-	-	-	-	-	-	-	-	4	204	5	3	4	5	4	5	5
Non-cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	2	2	1	3	3	3	3
Loss (gain) on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-	-1	-1	0	22	18	-2	0
Losses on redemption of debt
-	-	0	-19	-	0	0	-90	-32	-	0	-88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on disposal of spectrum licenses
-	-	-	-	-	-	-	-	-	168	29	1	37	0	199	0	636	139	1	23	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities
Accounts receivable
748	1,016	745	805	1,143	1,370	1,238	1,136	873	1,255	1,022	629	1,025	2,997	155	105	202	3,587	48	-62	170	-	-	-	-	-	-	-	-	-	-	-	2	550	2	5	-1	11	-1	-4	1
Equipment installment plan receivables
-69	537	78	150	250	755	335	286	222	664	355	584	209	1,229	-104	-343	-109	-1,201	-229	350	229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
511	478	36	-162	265	244	115	-125	-33	816	-113	185	-44	305	-301	-3	801	1,522	915	-87	145	-	-	-	-	-	-	-	-	-	-	-	12	-151	6	-145	124	34	-69	77	-29
Operating lease right-of-use assets
-527	-501	-491	-469	-435	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred purchase price from sales of receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	204	-21	-	34	17	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-	1	4	10	-8	-5	-3	21
Deferred charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29	-	-7	-13	18	19	-1	-2	7
Other current and long-term assets
-6	-144	118	83	87	-128	193	248	-132	245	184	135	11	164	98	56	-185	159	184	-35	-91	-	-	-	-	-	-	-	-	-	-	-	-10	206	-4	-11	-8	-2	-4	-11	0
Accounts payable and accrued liabilities
-405	356	-395	43	13	505	-265	-79	-1,028	1,686	-12	56	-651	367	-731	-345	-492	657	582	-153	-393	-	-	-	-	-	-	-	-	-	-	-	-39	193	-4	-113	28	81	1	-95	43
Short and long-term operating lease liabilities
-725	-539	-549	-521	-522	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	8	-6	17	26	1	-6	16
Other current and long-term liabilities
79	8	42	-27	121	-48	39	-105	45	-149	60	-189	45	-168	112	-74	288	20	92	-182	92	-	-	-	-	-	-	-	-	-	-	-	2	189	0	5	0	0	-0	3	1
Other, net
70	72	89	20	76	17	52	-9	-8	38	75	-14	12	36	1	8	1	-121	98	9	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
1,617	1,537	1,748	2,147	1,392	954	914	1,261	770	865	1,252	1,106	608	-1,754	1,740	1,768	1,025	-1,304	1,531	1,161	489	1,355	1,062	970	759	1,004	826	806	909	1,155	798	1,772	136	4,226	271	343	138	315	341	112	225
Investing activities
Purchases of property and equipment, including capitalized interest of $112 and $118
1,753	1,157	1,514	1,789	1,931	1,184	1,362	1,629	1,366	921	1,441	1,347	1,528	859	1,159	1,349	1,335	1,431	1,120	1,191	982	1,299	1,131	940	947	882	1,017	1,050	1,076	898	717	1,141	144	2,029	248	264	187	242	232	176	139
Purchases of spectrum licenses and other intangible assets, including deposits
99	104	13	665	185	26	22	28	51	8	15	5,791	14	424	705	2,245	594	-3	94	148	1,696	510	23	2,367	0	329	1	2	49	8	369	7	2	18	0	1	1	5	1	1	0
Proceeds related to beneficial interests in securitization transactions
868	980	900	839	1,157	1,450	1,338	1,323	1,295	1,193	1,110	882	1,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash related to derivative contracts under collateral exchange arrangements
580	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short term affiliate loan receivable, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-25	-275	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of companies, net of cash acquired
-	-	31	0	-	0	0	5	333	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,923	75	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
16	12	-1	0	7	9	-4	-33	7	-3	-1	-5	8	11	-5	-4	6	-103	-5	-2	14	-3	11	3	18	135	-10	1	4	-	-	-	-	-	-	-	-	-	-	-	-
Change in prepaid purchases of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	47	7	10	32	-78	21	-2
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	1	1	6	0
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192	-	162	137	162	-462	862	149	162
Proceeds from maturity of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	162	-	162	175	200	175	150	125	112
Change in restricted cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	-0	0	0	-10	0	-0	-1
Investments in unconsolidated affiliates, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash used in asset acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	8	41	0	0	0
Net cash used in investing activities
-1,580	-887	-657	-1,615	-966	231	-42	-306	-462	267	-345	-6,251	-416	2,062	-1,859	-667	-1,860	-785	-1,209	-1,337	-2,692	-1,806	-1,165	-3,310	-965	-1,224	-1,130	1,116	-854	-1,248	-790	-1,694	-182	-3,998	-295	-235	-168	319	-867	-217	-185
Financing activities
Proceeds from issuance of long-term debt
-	-	0	0	-	0	0	0	2,494	0	500	4,485	5,495	0	0	997	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of consent fees related to long-term debt
-	-	0	0	-	-	0	38	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowing on revolving credit facility
0	0	575	880	885	215	1,810	2,070	2,170	0	1,055	1,855	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facility
0	-	-	-	885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facility
-	-	575	880	-	215	2,130	2,195	1,725	0	1,735	1,175	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of financing lease obligations
282	248	235	229	86	192	181	155	172	136	141	119	90	72	54	43	36	33	13	6	5	-	-	-	-	-	-	-	-	-	-	-	1	-	1	1	2	0	1	0	0
Repayments of short-term debt for purchases of inventory, property and equipment, net
25	-	300	-	0	-	246	-	-	-	4	292	-	-	0	150	-	1	315	185	63	4	183	5	226	50	194	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in book overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-	12	-51	52	-3	1	-30	-49
Proceeds from debt issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	1,000	497	1,000	992	0	0
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	8	6	11	24	0	0
Repayments of long-term debt
-	-	0	600	-	0	0	2,350	999	0	0	6,750	3,480	5	5	5	5	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	6	-	6	6	5	4	4	4	4
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	44	72	0	0	0	-1	1	-58	4	31	22	5	2	2	0
Repurchases of common stock
-	-	0	0	-	0	0	405	666	427	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	0	1	2	0	0	0	0
Tax withholdings on share-based awards
141	48	4	4	100	57	5	10	74	65	6	3	92	69	3	3	46	56	2	70	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	14	13	14	14	14	13	14	14	14	13	14	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for debt prepayment or debt extinguishment costs
-	-	0	28	-	0	0	181	31	-	0	159	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-5	-4	-4	-5	-4	-46	-6	-3	3	23	-5	-3	-10	0	8	8	1	-24	12	61	30	66	0	-46	12	-116	-2	-3	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-453	-775	-543	-866	-190	-311	-758	-3,267	1,000	-652	-349	-2,175	1,809	-160	-67	790	-100	4,038	-331	-214	-80	-21	2,810	-51	-214	3,746	307	-9	0	57	-1	12	-11	-990	8	426	555	-727	638	-33	-54
Change in cash and cash equivalents
-416	-125	548	-334	236	874	114	-2,312	1,308	480	558	-7,320	2,001	148	-186	1,891	-935	1,949	-9	-390	-2,283	-472	2,707	-2,391	-420	3,526	3	1,913	55	-36	7	90	-57	-763	-15	534	525	-93	113	-138	-14
Supplemental disclosure of cash flow information
Interest payments, net of amounts capitalized
341	216	327	245	340	222	366	559	378	463	343	727	495	389	478	399	415	329	348	294	327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease payments
875	689	703	703	688	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payments
24	11	5	40	32	11	29	10	1	8	2	6	15	2	4	17	2	13	8	31	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities
Non-cash beneficial interest obtained in exchange for securitized receivables
1,613	1,647	1,734	1,616	1,512	1,376	1,263	1,205	1,128	1,083	972	992	1,016	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accounts payable for purchases of property and equipment
301	29	460	113	333	-737	-78	386	364	-771	141	-8	325	-592	79	101	127	-140	267	5	-178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leased devices transferred from inventory to property and equipment
309	394	298	167	147	198	229	280	304	356	262	270	243	413	234	157	784	1,597	854	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Returned leased devices transferred from property and equipment to inventory
59	78	65	67	57	80	74	90	82	107	165	273	197	180	186	105	131	-	-32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt assumed for financing of property and equipment
0	25	475	50	250	0	0	54	237	1	1	2	288	0	0	0	150	0	0	57	443	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets obtained in exchange for lease obligations
555	538	989	1,400	694	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing lease right-of-use assets obtained in exchange for lease obligations
178	98	395	368	180	434	133	176	142	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets acquired under capital lease obligations
-	-	-	-	-	-	-	-	-	-	138	313	284	120	384	171	124	161	119	187	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-