Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

 v2.3.0.11
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net earnings (loss) $ 668 $ 440
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 338 326
Stock-based compensation 51 60
Cash payments for stock-based Compensation (11) (40)
Noncash interest expense 5 50
Share of earnings of affiliates, net (7) (48)
Cash receipts from return on equity investments 10 10
Realized and unrealized gains on financial instruments, net (186) (86)
Losses (gains) on disposition of assets, net 2 (388)
Deferred income tax expense 179 106
Other noncash charges (credits), net (348) 112
Other noncash charges (credits), net (346)  
Changes in operating assets and liabilities    
Current and other assets 15 88
Payables and other current liabilities (90) (99)
Net cash provided by operating activities 626 531
Cash flows from investing activities:    
Cash proceeds from dispositions   518
Proceeds from settlement of financial instruments, net   719
Investments in and loans to cost and equity investees (89) (257)
Repayment of loan by cost and equity investees 189 98
Capital expended for property and equipment (109) (129)
Net sales of short term investments 141 (307)
Net decrease in restricted cash (145) (30)
Other investing activities, net   (2)
Net cash used by investing activities (13) 610
Cash flows from financing activities:    
Borrowings of debt 193 1,136
Repayments of debt (451) (2,738)
Repurchases of Liberty common stock (96) (326)
Other financing activities, net (35) 73
Net cash used by financing activities (389) (1,855)
Effect of foreign currency exchange rates on cash 11 (15)
Net increase in cash and cash equivalents 235 (729)
Cash and cash equivalents at beginning of period 3,179 4,835
Cash and cash equivalents at end of period 3,414 4,106
Segment, Liberty Capital [Member]
    
Cash flows from operating activities:    
Net earnings (loss) 300 (63)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 31 37
Stock-based compensation 12 14
Cash payments for stock-based Compensation (3)  
Noncash interest expense (1) 1
Share of earnings of affiliates, net 50 11
Realized and unrealized gains on financial instruments, net (175) (55)
Losses (gains) on disposition of assets, net   (24)
Intergroup tax allocation (156) (156)
Intergroup tax payments 142 173
Deferred income tax expense 180 28
Other noncash charges (credits), net   69
Other noncash charges (credits), net (383)  
Changes in operating assets and liabilities    
Current and other assets (42) (81)
Payables and other current liabilities 142 173
Net cash provided by operating activities 97 127
Cash flows from investing activities:    
Cash proceeds from dispositions   30
Proceeds from settlement of financial instruments, net   750
Investments in and loans to cost and equity investees (82) (257)
Repayment of loan by cost and equity investees 189 98
Capital expended for property and equipment (4) (5)
Net sales of short term investments 143 (170)
Net decrease in restricted cash (134) (11)
Reattribution of cash (264) (807)
Other investing activities, net   6
Net cash used by investing activities (152) (366)
Cash flows from financing activities:    
Borrowings of debt   88
Repayments of debt (1) (973)
Intergroup debt borrowings/ (repayments)   158
Repurchases of Liberty common stock (96) (286)
Other financing activities, net 7 155
Net cash used by financing activities (90) (858)
Net increase in cash and cash equivalents (145) (1,097)
Cash and cash equivalents at beginning of period 1,212 3,157
Cash and cash equivalents at end of period 1,067 2,060
Segment, Liberty Starz [Member]
    
Cash flows from operating activities:    
Net earnings (loss) 120 118
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 10 9
Stock-based compensation 9 9
Cash payments for stock-based Compensation (6) (29)
Noncash interest expense 2  
Realized and unrealized gains on financial instruments, net (1) 1
Intergroup tax allocation 60 57
Intergroup tax payments (4) 17
Deferred income tax expense 37 12
Other noncash charges (credits), net   12
Other noncash charges (credits), net 57  
Changes in operating assets and liabilities    
Current and other assets (173) (72)
Payables and other current liabilities 70 70
Net cash provided by operating activities 181 204
Cash flows from investing activities:    
Cash proceeds from dispositions   29
Capital expended for property and equipment (2) (1)
Net sales of short term investments 46 (137)
Net decrease in restricted cash (11) (20)
Other investing activities, net (1)  
Net cash used by investing activities 32 (129)
Cash flows from financing activities:    
Borrowings of debt 1  
Repayments of debt (57) (2)
Intergroup debt borrowings/ (repayments)   158
Repurchases of Liberty common stock   (40)
Other financing activities, net   (39)
Net cash used by financing activities (56) 77
Net increase in cash and cash equivalents 157 152
Cash and cash equivalents at beginning of period 878 794
Cash and cash equivalents at end of period 1,035 946
Segment, Liberty Interactive [Member]
    
Cash flows from operating activities:    
Net earnings (loss) 248 385
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 297 280
Stock-based compensation 30 37
Cash payments for stock-based Compensation (2) (11)
Noncash interest expense 4 49
Share of earnings of affiliates, net (57) (59)
Cash receipts from return on equity investments 10 10
Realized and unrealized gains on financial instruments, net (10) (32)
Losses (gains) on disposition of assets, net   (364)
Intergroup tax allocation 96 99
Intergroup tax payments (138) (190)
Deferred income tax expense (38) 66
Other noncash charges (credits), net   31
Other noncash charges (credits), net (20)  
Changes in operating assets and liabilities    
Current and other assets 230 241
Payables and other current liabilities (302) (342)
Net cash provided by operating activities 348 200
Cash flows from investing activities:    
Cash proceeds from dispositions   459
Proceeds from settlement of financial instruments, net   (31)
Investments in and loans to cost and equity investees (7)  
Capital expended for property and equipment (103) (123)
Net sales of short term investments (48)  
Net decrease in restricted cash   1
Reattribution of cash 264 807
Other investing activities, net 1 (8)
Net cash used by investing activities 107 1,105
Cash flows from financing activities:    
Borrowings of debt 192 1,048
Repayments of debt (393) (1,763)
Intergroup debt borrowings/ (repayments)   (316)
Other financing activities, net (42) (43)
Net cash used by financing activities (243) (1,074)
Effect of foreign currency exchange rates on cash 11 (15)
Net increase in cash and cash equivalents 223 216
Cash and cash equivalents at beginning of period 1,089 884
Cash and cash equivalents at end of period $ 1,312 $ 1,100