Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosures to Consolidated Statements of Cash Flows

v3.22.4
Supplemental Disclosures to Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2022
Supplemental Disclosures to Consolidated Statements of Cash Flows  
Supplemental Disclosures to Consolidated Statements of Cash Flows

(3) Supplemental Disclosures to Consolidated Statements of Cash Flows

Years ended December 31,

2022

2021

2020

amounts in millions

Cash paid for acquisitions:

Property and equipment

$

 

 

1,109

Investment in Charter

3,494

Intangible assets not subject to amortization

 

 

 

1,342

Intangible assets subject to amortization

 

 

 

639

Receivables and other assets

641

Net liabilities assumed

 

 

 

(3,719)

Deferred tax assets (liabilities)

 

 

 

(1,026)

Noncontrolling interests

(12)

Fair value of equity consideration

 

 

 

(3,060)

Cash paid (received) for acquisitions, net of cash acquired

$

 

 

(592)

Years ended December 31,

 

2022

2021

2020

 

amounts in millions

 

Cash paid for interest

$

137

125

24

Cash paid for taxes

    

$

266

    

238

    

The following table reconciles cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total amount presented in its consolidated statements of cash flows:

    

Years ended December 31,

 

2022

2021

2020

 

amounts in millions

 

Cash and cash equivalents

$

375

 

191

1,418

Restricted cash included in other current assets

 

24

 

15

15

Restricted cash included in other long-term assets

1

Total cash and cash equivalents and restricted cash at end of period

$

400

 

206

 

1,433

Restricted cash primarily relates to cash restricted for use on GCI Holdings’ various arrangements to help fund projects that extended terrestrial broadband service for the first time to rural Alaska communities via a high capacity hybrid fiber optic and microwave network.