CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands |
9 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Cash flows from operating activities: |
|
|
| Consolidated net loss |
$ (363,407)
|
$ (647,417)
|
| Reconciling items: |
|
|
| Impairment charges |
8,000
|
21,631
|
| Depreciation and amortization |
476,053
|
505,167
|
| Deferred taxes |
(14,097)
|
15,685
|
| Provision for doubtful accounts |
20,042
|
20,721
|
| Amortization of deferred financing charges and note discounts, net |
51,806
|
47,401
|
| Share-based compensation |
10,310
|
7,918
|
| Gain on disposal of operating and other assets |
(227,765)
|
(108,090)
|
| Loss on investments |
13,767
|
4,421
|
| Equity in loss of nonconsolidated affiliates |
926
|
1,216
|
| (Gain) loss on extinguishment of debt |
(157,556)
|
2,201
|
| Other reconciling items, net |
24,407
|
(18,716)
|
| Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: |
|
|
| (Increase) decrease in accounts receivable |
16,909
|
(93,312)
|
| Increase in prepaid expenses and other current assets |
(17,836)
|
(51,685)
|
| Decrease in accrued expenses |
(60,515)
|
(43,652)
|
| Decrease in accounts payable |
(39,660)
|
(10,955)
|
| Decrease in accrued interest |
(92,947)
|
(62,149)
|
| Increase in deferred income |
37,550
|
36,579
|
| Changes in other operating assets and liabilities |
41,435
|
9,887
|
| Net cash used for operating activities |
(272,578)
|
(363,149)
|
| Cash flows from investing activities: |
|
|
| Purchases of property, plant and equipment |
(201,038)
|
(192,492)
|
| Proceeds from disposal of assets |
604,044
|
405,284
|
| Purchases of other operating assets |
(3,464)
|
(6,358)
|
| Change in other, net |
(33,230)
|
(32,483)
|
| Net cash provided by investing activities |
366,312
|
173,951
|
| Cash flows from financing activities: |
|
|
| Draws on credit facilities |
0
|
310,000
|
| Payments on credit facilities |
(1,728)
|
(123,304)
|
| Proceeds from long-term debt |
800
|
950,000
|
| Payments on long-term debt |
(226,640)
|
(931,372)
|
| Payments to purchase noncontrolling interests |
0
|
(42,798)
|
| Dividends and other payments to noncontrolling interests |
(93,371)
|
(28,088)
|
| Change in other, net |
(1,644)
|
(7,734)
|
| Net cash provided by (used for) financing activities |
(322,583)
|
126,704
|
| Effect of exchange rate changes on cash |
(919)
|
(11,684)
|
| Net decrease in cash and cash equivalents |
(229,768)
|
(74,178)
|
| Cash and cash equivalents at beginning of period |
772,678
|
457,024
|
| Cash and cash equivalents at end of period |
542,910
|
382,846
|
| SUPPLEMENTAL DISCLOSURES: |
|
|
| Cash paid for interest |
1,434,482
|
1,364,055
|
| Cash paid for taxes |
$ 39,288
|
$ 37,299
|