v3.20.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net income $ 6,526 $ 8,322
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,507 14,307
Amortization of television and film costs 3,985 5,199
Undistributed earnings from investments in equity affiliates 64 76
Provision for uncollectible accounts 1,199 1,216
Deferred income tax expense 653 1,080
Net (gain) loss on investments, net of impairments (705) (905)
Pension and postretirement benefit expense (credit) (1,495) (808)
Actuarial (gain) loss on pension and postretirement benefits 0 2,131
Asset impairments and abandonments 2,442 0
Changes in operating assets and liabilities:    
Receivable 2,522 3,584
Other current assets, inventories and theatrical film and television production costs (5,592) (5,422)
Accounts payable and other accrued liabilities (3,847) (3,056)
Equipment installment receivables and related sales 226 1,144
Deferred customer contract acquisition and fulfillment costs 322 (614)
Postretirement claims and contributions (228) (424)
Other - net 346 (494)
Total adjustments 14,399 17,014
Net Cash Provided by Operating Activities 20,925 25,336
Investing Activities    
Purchase of property and equipment (9,372) (10,542)
Interest during construction (60) (112)
Acquisitions, net of cash acquired (1,174) (320)
Dispositions 347 3,593
(Purchases) sales and settlements of securities and investments, net 47 396
Advances to and investments in equity affiliates, net (66) (314)
Net Cash Used in Investing Activities (10,278) (7,299)
Financing Activities    
Net change in short-term borrowings with original maturities of three months or less 498 119
Issuance of other short-term borrowings 8,440 3,067
Repayment of other short-term borrowings (5,975) (3,148)
Issuance of long-term debt 21,060 10,030
Repayment of long-term debt (17,284) (16,124)
Payment of vendor financing (1,354) (1,836)
Issuance of preferred stock 3,869 0
Purchase of treasury stock (5,480) (240)
Issuance of treasury stock 84 455
Dividends paid (7,474) (7,436)
Other (2,295) 330
Net Cash Used in Financing Activities (5,911) (14,783)
Net increase (decrease) in cash and cash equivalents and restricted cash 4,736 3,254
Cash and cash equivalents and restricted cash beginning of year 12,295 5,400
Cash and Cash Equivalents and Restricted Cash End of Period $ 17,031 $ 8,654