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SEC Filings

8-K
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 8-K on 04/28/2016
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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in millions)
 
Three Months Ended March 31,
 
2016
 
2015
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
Net loss
$
(188
)
 
$
(81
)
Adjustments to reconcile net loss to net cash flows from operating activities:
 
 
 
Depreciation and amortization
539

 
514

Stock compensation expense
24

 
19

Noncash interest expense
7

 
8

Loss on derivative instruments, net
5

 
6

Deferred income taxes
28

 
34

Other, net
3

 
3

Changes in operating assets and liabilities, net of effects from acquisitions:
 
 
 
Accounts receivable
24

 
21

Prepaid expenses and other assets
(21
)
 
(26
)
Accounts payable, accrued liabilities and other
3

 
30

Net cash flows from operating activities
424

 
528

 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
Purchases of property, plant and equipment
(429
)
 
(351
)
Change in accrued expenses related to capital expenditures
(56
)
 
(76
)
Change in restricted cash and cash equivalents
(49
)
 
(1
)
Other, net
(2
)
 
(13
)
Net cash flows from investing activities
(536
)
 
(441
)
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
Borrowings of long-term debt
2,139

 
332

Repayments of long-term debt
(727
)
 
(392
)
Payments for debt issuance costs
(17
)
 

Purchase of treasury stock
(16
)
 
(16
)
Proceeds from exercise of options and warrants
5

 
6

Other, net
1

 

Net cash flows from financing activities
1,385

 
(70
)
 
 
 
 
NET INCREASE IN CASH AND CASH EQUIVALENTS
1,273

 
17

CASH AND CASH EQUIVALENTS, beginning of period
5

 
3

CASH AND CASH EQUIVALENTS, end of period
$
1,278

 
$
20

 
 
 
 
CASH PAID FOR INTEREST, NET
$
448

 
$
255


Addendum to Charter Communications, Inc. First Quarter 2016 Earnings Release
Page 3 of 7