v3.22.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net earnings (loss) $ 764 $ 108
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 129 131
Stock-based compensation 18 20
Litigation settlement, net of recoveries 10 110
Share of (earnings) losses of affiliate, net (689) (438)
(Gain) loss on dilution of investment in affiliate 67 97
Realized and unrealized (gains) losses on financial instruments, net (214) 26
Deferred income tax expense (benefit) 1 (18)
(Gain) loss on dispositions, net (179)  
Other, net (3) (2)
Changes in operating assets and liabilities:    
Current and other assets 113 137
Payables and other liabilities 1 (60)
Net cash provided by (used in) operating activities 18 111
Cash flows from investing activities:    
Capital expenditures (78) (50)
Cash received for Charter shares repurchased by Charter 1,806 1,762
Cash proceeds from dispositions 163  
Other investing activities, net 4 2
Net cash provided by (used in) investing activities 1,895 1,714
Cash flows from financing activities:    
Borrowings of debt 300 717
Repayments of debt, finance leases and tower obligations (203) (1,781)
Repurchases of Liberty Broadband common stock (1,890) (1,957)
Other financing activities, net (3) (2)
Net cash provided by (used in) financing activities (1,796) (3,023)
Net increase (decrease) in cash, cash equivalents and restricted cash 117 (1,198)
Cash, cash equivalents and restricted cash, beginning of period 206 1,433
Cash, cash equivalents and restricted cash, end of period $ 323 $ 235

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