v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net earnings (loss) $ 1,079 $ 345
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 195 199
Stock-based compensation 28 31
Litigation settlement, net of recoveries 29 86
Share of (earnings) losses of affiliate, net (998) (752)
(Gain) loss on dilution of investment in affiliate 67 98
Realized and unrealized (gains) losses on financial instruments, net (362) 53
Deferred income tax expense (benefit) 16 (11)
(Gain) loss on dispositions, net (179) (12)
Other, net (3) (2)
Changes in operating assets and liabilities:    
Current and other assets 131 158
Payables and other liabilities (63) (57)
Net cash provided by (used in) operating activities (60) 136
Cash flows from investing activities:    
Capital expenditures (132) (91)
Cash received for Charter shares repurchased by Charter 2,602 2,643
Cash proceeds from dispositions, net 163  
Other investing activities, net 4 17
Net cash provided by (used in) investing activities 2,637 2,569
Cash flows from financing activities:    
Borrowings of debt 300 1,067
Repayments of debt, finance leases and tower obligations (203) (1,848)
Repurchases of Liberty Broadband common stock (2,641) (2,911)
Other financing activities, net (5) (1)
Net cash provided by (used in) financing activities (2,549) (3,693)
Net increase (decrease) in cash, cash equivalents and restricted cash 28 (988)
Cash, cash equivalents and restricted cash, beginning of period 206 1,433
Cash, cash equivalents and restricted cash, end of period $ 234 $ 445

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