Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Net earnings (loss) $ (1) $ 30
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Depreciation and amortization 110 132
Stock-based compensation 44 39
Excess tax benefit from stock-based compensation (6) (26)
Deferred income tax expense (benefit) (20) (12)
Other noncash charges (credits), net   8
Changes in operating assets and liabilities    
Current and other assets (59) (108)
Payables and other liabilities 276 225
Net cash provided (used) by operating activities 344 288
Cash flows from investing activities:    
Capital expended for property and equipment (37) (56)
Cash (paid) for acquisitions, net of cash acquired 1 (29)
Purchases of short term investments and other marketable securities (98) (92)
Proceeds from short term and other marketable securities 57 68
Net cash provided (used) by investing activities (77) (109)
Cash flows from financing activities:    
Borrowings of debt, net of financing costs 259 291
Repayments of debt (338) (341)
Payment of minimum withholding taxes on net share settlements of equity awards (11) (62)
Excess tax benefit from stock-based compensation 6 26
Shares issued by subsidiary 3 9
Shares repurchased by subsidiary (12)  
Option exercises   5
Other financing activities, net   12
Net cash provided (used) by financing activities (93) (60)
Effect of foreign currency exchange rates on cash (6) (3)
Net increase (decrease) in cash and cash equivalents 168 116
Cash and cash equivalents at beginning of period 644 509
Cash and cash equivalents at end of period $ 812 $ 625