Stock Analysis on Net
Stock Analysis on Net

Charter Communications Inc. (NASDAQ:CHTR)

Cash Flow Statement
Quarterly Data

Beginner level

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Charter Communications Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended: Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Consolidated net income (loss) 1,401  932  876  467  822  467  386  317  360  584  339  223  9,617  92  195  211  569  250  3,114  (188)
Depreciation and amortization 2,409  2,370  2,428  2,497  2,461  2,415  2,500  2,550  2,534  2,482  2,592  2,710  2,742  2,701  2,595  2,550  2,495  2,437  1,436  539 
Stock compensation expense 88  83  90  90  77  71  82  85  72  71  70  72  63  64  65  69  76  81  63  24 
Accelerated vesting of equity awards —  —  —  —  —  —  —  —  —  —  —  20  17  46  57  145  — 
Noncash interest (income) expense, net (10) (10) (9) (12) (17) (17) (17) (55) (65) (65) (88) (89) (87) (87) (88) (108) (108) (107) (48)
Other pension (benefits) costs, net (28) 115  (11) (10) 96  (9) (9) (9) 55  (207) (20) (20) 17  (13) (13) (366) (15) (518) — 
Loss on extinguishment of debt 22  58  36  27  25  —  —  —  —  —  —  —  —  34  —  110  — 
(Gain) loss on financial instruments, net (170) (69) (64) 318  (62) 34  119  (37) 110  (12) 75  (63) (84) (17) 70  (38) (73) (71) 50 
Deferred income taxes 213  151  115  (14) 87  96  56  81  (27) 80  29  28  (9,169) 11  26  16  212  (6) (3,192) 28 
Other, net 11  (4) (20) 10  (3) 53  98  94  38  38  (77) 85  (5)
Accounts receivable (133) (74) 97  136  59  (227) (492) 155  (117) (210) 226  17  (162) (175) 236  (158) 98  (124) 24 
Prepaid expenses and other assets 116  (76) (60) (104) (172) (49) 124  (300) (173) (6) 40  (131) 39  60  60  (83) 26  74  32  (21)
Accounts payable, accrued liabilities and other 230  188  28  (155) (28) 165  (41) (199) 205  (11) 231  (300) 178  138  187  (54) 498  527 
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions 213  38  65  (123) (141) (111) (409) (344) 35  (134) 61  (205) 234  36  72  99  366  173  435 
Adjustments to reconcile consolidated net income (loss) to net cash flows from operating activities 2,748  2,732  2,653  2,753  2,536  2,476  2,375  2,369  2,808  2,220  2,757  2,476  (6,359) 2,816  2,750  2,632  2,657  2,551  (1,524) 612 
Net cash flows from operating activities 4,149  3,664  3,529  3,220  3,358  2,943  2,761  2,686  3,168  2,804  3,096  2,699  3,258  2,908  2,945  2,843  3,226  2,801  1,590  424 
Purchases of property, plant and equipment (2,063) (2,014) (1,877) (1,461) (2,282) (1,651) (1,597) (1,665) (2,433) (2,118) (2,391) (2,183) (2,585) (2,393) (2,148) (1,555) (1,888) (1,748) (1,260) (429)
Change in accrued expenses related to capital expenditures (7) 104  214  (388) 504  (21) (52) (376) 150  (154) 99  (565) 544  79  347  (150) 517  (52) 194  (56)
Purchases of wireless spectrum licenses (464) —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Purchases of cable systems, net —  —  —  —  —  —  —  —  —  —  —  —  (9) —  —  —  —  —  (28,810) — 
Change in restricted cash and cash equivalents —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  22,313  (49)
Real estate investments through variable interest entities (61) (41) (43) (38) (23) (61) (25) (39) (6) (15) —  —  (105) —  —  —  —  —  —  — 
Other, net 25  (35) (45) 37  (53) —  (17) (36) (77) 10  (60) (14) (42) (7) (14) (2) (4) (2)
Net cash flows from investing activities (2,570) (1,986) (1,751) (1,850) (1,854) (1,731) (1,666) (2,080) (2,306) (2,323) (2,369) (2,738) (2,215) (2,328) (1,843) (1,712) (1,385) (1,802) (7,567) (536)
Borrowings of long-term debt 5,402  3,030  2,983  4,339  6,528  2,443  3,830  6,884  2,268  5,924  2,699  2,929  13,161  4,969  2,506  4,640  6,347  —  3,858  2,139 
Repayments of long-term debt (2,383) (1,819) (4,303) (3,589) (2,423) (763) (4,551) (5,572) (1,805) (5,464) (1,315) (2,185) (10,973) (5) (2,054) (3,475) (6,401) (50) (3,343) (727)
Payments for debt issuance costs (34) (29) (21) (41) (55) (16) (7) (25) —  (12) (17) —  (28) (41) (21) (21) (1) —  (266) (17)
Issuance of equity —  —  —  23  —  —  —  —  —  —  —  —  —  —  —  —  —  —  5,000  — 
Purchase of treasury stock (4,349) (3,361) (1,155) (2,352) (2,305) (2,767) (861) (940) (1,185) (933) (1,664) (617) (3,967) (3,525) (3,328) (895) (1,114) (349) (83) (16)
Proceeds from exercise of stock options 13  50  28  93  12  25  37  44  13  13  36  25  14  72  15  47  19 
Settlement of restricted stock units —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  (59) —  —  — 
Purchase of noncontrolling interest (578) (366) (125) (393) (292) (339) (161) (93) (183) (145) (201) (127) (743) (493) (402) (27) (218) —  —  — 
Distributions to noncontrolling interest (40) (37) (38) (39) (38) (38) (39) (39) (39) (38) (37) (39) (38) (40) (37) (38) (41) (37) (18) — 
Borrowings for real estate investments through variable interest entities, net 59  39  24  —  —  —  —  —  172  170  —  —  —  —  —  —  —  —  —  — 
Distributions to variable interest entities noncontrolling interest —  (4) —  —  —  —  —  —  (107) —  —  —  —  —  —  —  —  —  — 
Proceeds from termination of interest rate derivatives —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  88  — 
Other, net 46  (5) (1) (24) 21  (6) (123) (4) (2) (2) (3) (3) —  (6) (2) —  (1)
Net cash flows from financing activities (1,864) (2,494) (2,612) (1,983) 1,448  (1,461) (1,875) 255  (757) (594) (530) (6) (2,586) 890  (3,328) 254  (1,471) (389) 5,254  1,385 
Net increase (decrease) in cash, cash equivalents and restricted cash (285) (816) (834) (613) 2,952  (249) (780) 861  105  (113) 197  (45) (1,543) 1,470  (2,226) 1,385  370  610  (723) 1,273 

Based on: 10-K (filing date: 2021-01-29), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-09), 10-Q (filing date: 2016-04-28).

Cash flow statement item Description The company
Net cash flows from operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Charter Communications Inc.’s net cash flows from operating activities increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Net cash flows from investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Charter Communications Inc.’s net cash flows from investing activities decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Net cash flows from financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Charter Communications Inc.’s net cash flows from financing activities increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.