10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
T-MOBILE US, INC. | |||
Ticker: TMUS Fiscal Year: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 8, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Operating activities | |||
| Net income | $ 4,536 | 1,460 | 733 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation and amortization | 5,984 | 6,243 | 4,688 |
| Stock-based compensation expense | 306 | 235 | 201 |
| Deferred income tax (benefit) expense | (1,404) | 914 | 256 |
| Bad debt expense | 388 | 477 | 547 |
| Losses from sales of receivables | 299 | 228 | 204 |
| Deferred rent expense | 76 | 121 | 167 |
| Gains on disposal of spectrum licenses | (235) | (835) | (163) |
| Change in fair value of embedded derivatives | (52) | (25) | 148 |
| Changes in operating assets and liabilities | |||
| Accounts receivable | (444) | (603) | (259) |
| Equipment installment plan receivables | (894) | 97 | 1,089 |
| Inventories | (844) | (802) | (2,495) |
| Deferred purchase price from sales of receivables | (86) | (270) | (185) |
| Other current and long-term assets | (575) | (133) | (217) |
| Accounts payable and accrued liabilities | 1,079 | (1,201) | 693 |
| Other current and long-term liabilities | (233) | 158 | 22 |
| Other, net | 61 | 71 | (15) |
| Net cash provided by operating activities | 7,962 | 6,135 | 5,414 |
| Investing activities | |||
| Purchases of property and equipment, including capitalized interest of $136, $142 and $246 | (5,237) | (4,702) | (4,724) |
| Purchases of spectrum licenses and other intangible assets, including deposits | (5,828) | (3,968) | (1,935) |
| Purchases of short-term investments | 0 | 0 | (2,997) |
| Sales of short-term investments | 0 | 2,998 | 0 |
| Other, net | 1 | (8) | 96 |
| Net cash used in investing activities | (11,064) | (5,680) | (9,560) |
| Financing activities | |||
| Proceeds from issuance of long-term debt | 10,480 | 997 | 3,979 |
| Proceeds from tower obligations | 0 | 0 | 140 |
| Proceeds from borrowing on revolving credit facility | 2,910 | 0 | 0 |
| Repayments of revolving credit facility | (2,910) | 0 | 0 |
| Repayments of capital lease obligations | (486) | (205) | (57) |
| Repayments of short-term debt for purchases of inventory, property and equipment, net | (300) | (150) | (564) |
| Repayments of long-term debt | (10,230) | (20) | 0 |
| Proceeds from exercise of stock options | 21 | 29 | 47 |
| Repurchases of common shares | (427) | 0 | 0 |
| Tax withholdings on share-based awards | (166) | (121) | (156) |
| Dividends on preferred stock | (55) | (55) | (55) |
| Other, net | (16) | (12) | 79 |
| Net cash (used in) provided by financing activities | (1,179) | 463 | 3,413 |
| Change in cash and cash equivalents | (4,281) | 918 | (733) |
| Cash and cash equivalents | |||
| Beginning of period | 5,500 | 4,582 | |
| End of period | 1,219 | 5,500 | 4,582 |
| Supplemental disclosure of cash flow information | |||
| Interest payments, net of amounts capitalized, $79, $0 and $0 of which recorded as debt discount (Note 7) | 2,028 | 1,681 | 1,298 |
| Income tax payments | 31 | 25 | 54 |
| Changes in accounts payable for purchases of property and equipment | 313 | 285 | 46 |
| Leased devices transferred from inventory to property and equipment | 1,131 | 1,588 | 2,451 |
| Returned leased devices transferred from property and equipment to inventory | (742) | (602) | (166) |
| Issuance of short-term debt for financing of property and equipment | 292 | 150 | 500 |
| Assets acquired under capital lease obligations | 887 | 799 | 470 |
| External Links | |
| T-MOBILE US, INC. (TMUS) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |