Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.3.1.900
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net earnings (loss) $ 248 $ 395 $ 8,991
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Depreciation and amortization 362 359 315
Stock-based compensation 204 217 193
Cash payments for stock-based compensation   (29) (2)
Excess tax benefit from stock-based compensation (19) (3) (6)
Share of (earnings) loss of affiliates, net 40 113 32
Realized and unrealized (gains) losses on financial instruments, net 140 (38) (295)
Noncash interest expense 6 (34) (62)
Losses (gains) on transactions, net 4   (7,978)
Losses (gains) on dilution of investment in affiliate 1 78 93
Losses (gains) on early extinguishment of debt     21
Deferred income tax expense (benefit) 175 91 (172)
Other noncash charges (credits), net 15 17 (3)
Changes in operating assets and liabilities      
Current and other assets (208) (74) 187
Payables and other current liabilities 245 33 (78)
Net cash provided (used) by operating activities 1,213 1,125 1,236
Cash flows from investing activities:      
Cash (paid) for acquisitions, net of cash acquired   (47) (117)
Cash proceeds from dispositions 175 247 80
Proceeds (payments) from settlement of financial instruments, net (322) (72) (59)
Investments in and loans to cost and equity investees (19) (183) (2,585)
Repayment of loans by cost and equity investees   42 81
Capital expended for property and equipment (296) (194) (207)
Purchases of short term investments and other marketable securities (174) (360) (178)
Sales of short term investments and other marketable securities 358 176 229
Other investing activities, net (8) (20) (8)
Net cash provided (used) by investing activities (286) (411) (2,764)
Cash flows from financing activities:      
Borrowings of debt 2,213 2,758 5,923
Repayments of debt (1,196) (1,936) (2,779)
Repurchases of Liberty common stock (350)   (140)
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates   259  
Cash included in exchange transaction     (429)
Shares repurchased by subsidiary (2,018) (2,157) (1,602)
Proceeds (payments) from issuances and settlements of financial instruments, net 5   (299)
Issuance of warrants     170
Excess tax benefit from stock-based compensation 19 3 6
Taxes paid in lieu of shares issued for stock-based compensation (80) (48) (51)
Other financing activities, net     14
Net cash provided (used) by financing activities (1,407) (1,121) 813
Cash provided (used) by financing activities - Discontinued operations     550
Change in available cash held by discontinued operations     650
Net cash provided (used) by discontinued operations     1,200
Net increase (decrease) in cash and cash equivalents (480) (407) 485
Cash and cash equivalents at beginning of period 681 1,088 603
Cash and cash equivalents at end of period $ 201 $ 681 $ 1,088