FYBR · As filed with the SEC
Frontier Communications Parent cash flow statement, by fiscal year
The statement as Frontier Communications Parent presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements Of Cash Flows · USD
| USD | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | Year ended Dec 31, 2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash flows provided from (used by) operating activities: | ||||||||
| Net (loss) income | (322,000,000) | 29,000,000 | 441,000,000 | — | (402,000,000) | (5,911,000,000) | (643,000,000) | (1,804,000,000) |
| Adjustments to reconcile net loss to net cash provided from (used by) operating activities: | ||||||||
| Depreciation and amortization | 1,625,000,000 | 1,415,000,000 | 1,182,000,000 | — | 1,598,000,000 | 1,780,000,000 | 1,954,000,000 | 2,184,000,000 |
| Loss on early extinguishment of debt | — | — | — | — | 72,000,000 | 20,000,000 | (32,000,000) | 88,000,000 |
| Pension settlement costs | — | — | — | — | — | — | — | 83,000,000 |
| Pension/OPEB costs | — | — | — | — | — | — | — | 17,000,000 |
| Pension/OPEB special termination benefit enhancements | 12,000,000 | — | 55,000,000 | — | 159,000,000 | 57,000,000 | 41,000,000 | — |
| Pension/OPEB special termination benefit enhancements | — | — | — | — | — | 44,000,000 | — | 5,000,000 |
| Stock-based compensation expense | 68,000,000 | 108,000,000 | 82,000,000 | — | 3,000,000 | 15,000,000 | 18,000,000 | 14,000,000 |
| Amortization of deferred financing costs | — | — | — | — | 15,000,000 | 30,000,000 | 34,000,000 | 33,000,000 |
| Non-cash reorganization items | — | — | — | — | 93,000,000 | — | — | — |
| Amortization of (premium) discount | (20,000,000) | (25,000,000) | (28,000,000) | — | — | — | — | — |
| Lease Impairment | — | — | 44,000,000 | — | — | — | — | — |
| Bad debt expense | 39,000,000 | 35,000,000 | 26,000,000 | — | — | — | — | — |
| Other adjustments | 10,000,000 | 12,000,000 | — | — | 6,000,000 | — | (32,000,000) | (14,000,000) |
| Deferred income taxes | (27,000,000) | 78,000,000 | 164,000,000 | — | (91,000,000) | (619,000,000) | (67,000,000) | (1,385,000,000) |
| Goodwill impairment | — | — | — | — | — | 5,725,000,000 | 641,000,000 | 2,748,000,000 |
| Loss on disposal of Northwest Operations | — | — | — | — | 162,000,000 | 446,000,000 | — | — |
| Change in accounts receivable | 28,000,000 | (43,000,000) | (7,000,000) | — | 73,000,000 | 48,000,000 | 65,000,000 | 122,000,000 |
| Change in long-term pension and other post-retirement liabilities | (142,000,000) | (325,000,000) | (656,000,000) | — | — | — | — | — |
| Change in accounts payable and other liabilities | 301,000,000 | 55,000,000 | 51,000,000 | — | 342,000,000 | (122,000,000) | (141,000,000) | (315,000,000) |
| Change in prepaid expenses, income taxes, and other assets | 49,000,000 | 5,000,000 | 47,000,000 | — | (41,000,000) | (5,000,000) | (26,000,000) | 74,000,000 |
| Net cash provided from operating activities | 1,621,000,000 | 1,344,000,000 | 1,401,000,000 | — | 1,989,000,000 | 1,508,000,000 | 1,812,000,000 | 1,850,000,000 |
| Cash flows provided from (used by) investing activities: | ||||||||
| Capital expenditures | (2,783,000,000) | (3,211,000,000) | (2,738,000,000) | — | (1,181,000,000) | (1,226,000,000) | (1,192,000,000) | (1,154,000,000) |
| Capital expenditures - Integration activities | — | — | — | — | — | — | — | (34,000,000) |
| Proceeds from sale of Northwest Operations | — | — | — | — | 1,131,000,000 | — | — | — |
| Proceeds on sale of assets | — | — | — | — | 27,000,000 | 88,000,000 | 11,000,000 | 110,000,000 |
| Purchase of short-term investments | — | (2,275,000,000) | — | — | — | — | — | — |
| Sale of short-term investments | 1,075,000,000 | 2,950,000,000 | 2,600,000,000 | — | — | — | — | — |
| Purchase of long-term investments | — | (62,000,000) | — | — | — | — | — | — |
| Proceeds on sale of assets | 20,000,000 | 36,000,000 | 13,000,000 | — | — | — | — | — |
| Purchase of short-term investments | — | — | (4,350,000,000) | — | — | — | — | — |
| Other | 7,000,000 | 6,000,000 | 7,000,000 | — | 4,000,000 | 4,000,000 | 5,000,000 | 24,000,000 |
| Net cash used by investing activities | (1,681,000,000) | (2,556,000,000) | (4,468,000,000) | — | (19,000,000) | (1,134,000,000) | (1,176,000,000) | (1,054,000,000) |
| Cash flows provided from (used by) financing activities: | ||||||||
| Long-term debt principal payments | (412,000,000) | (68,000,000) | (14,000,000) | — | (4,948,000,000) | (2,008,000,000) | (2,515,000,000) | (1,811,000,000) |
| Proceeds from Debt Issuance | 750,000,000 | 2,278,000,000 | 1,200,000,000 | — | 4,950,000,000 | 1,650,000,000 | 1,840,000,000 | 1,500,000,000 |
| Proceeds from revolving debt | — | — | — | — | — | 949,000,000 | 525,000,000 | — |
| Repayment of revolving debt | — | — | — | — | (749,000,000) | (475,000,000) | (250,000,000) | — |
| Payments of vendor financing | (463,000,000) | (5,000,000) | — | — | — | — | — | — |
| Premium paid to retire debt | — | (10,000,000) | — | — | — | — | (17,000,000) | (86,000,000) |
| Capital lease obligation payments | — | — | — | — | — | — | (36,000,000) | (42,000,000) |
| Financing costs paid | (31,000,000) | (62,000,000) | (17,000,000) | — | (121,000,000) | (44,000,000) | (43,000,000) | (15,000,000) |
| Dividends paid on common stock | — | — | — | — | — | — | — | (266,000,000) |
| Dividends paid on preferred stock | — | — | — | — | — | — | (107,000,000) | (214,000,000) |
| Finance lease obligation payments | (31,000,000) | (25,000,000) | (19,000,000) | — | (23,000,000) | (35,000,000) | — | — |
| Proceeds from financing lease transactions | — | 30,000,000 | 70,000,000 | — | — | — | — | — |
| Taxes paid on behalf of employees for shares withheld | (65,000,000) | (9,000,000) | (8,000,000) | — | — | — | — | — |
| Other | (16,000,000) | — | (1,000,000) | — | (2,000,000) | (5,000,000) | (5,000,000) | (8,000,000) |
| Net cash provided from (used by) financing activities | (268,000,000) | 2,129,000,000 | 1,211,000,000 | — | (893,000,000) | 32,000,000 | (608,000,000) | (942,000,000) |
| Increase (Decrease) in cash, cash equivalents, and restricted cash | (328,000,000) | 917,000,000 | (1,856,000,000) | — | 1,077,000,000 | 406,000,000 | 28,000,000 | (146,000,000) |
| Cash, cash equivalents and restricted cash at the beginning of the period | 1,239,000,000 | 322,000,000 | 2,178,000,000 | 1,887,000,000 | 810,000,000 | 404,000,000 | 376,000,000 | 522,000,000 |
| Cash, cash equivalents, and restricted cash at the end of the period | 911,000,000 | 1,239,000,000 | 322,000,000 | 2,178,000,000 | 1,887,000,000 | 810,000,000 | 404,000,000 | 376,000,000 |
| Supplemental cash flow information: Cash paid during the period for: | ||||||||
| Interest | 835,000,000 | 711,000,000 | 512,000,000 | — | 612,000,000 | 1,469,000,000 | 1,507,000,000 | 1,548,000,000 |
| Income tax payments (refunds), net | (10,000,000) | — | 8,000,000 | — | 8,000,000 | 4,000,000 | 4,000,000 | (51,000,000) |
| Reorganization items, net | — | — | — | — | 270,000,000 | — | — | — |
| Non-cash investing activities: | ||||||||
| Financing obligation for contributions of real property to pension plan | — | — | — | — | — | — | 37,000,000 | — |
| Reduction of pension obligation | — | — | — | — | — | — | 37,000,000 | — |
| Increase (Decrease) in capital expenditures due to changes in accounts payable | — | — | — | — | (117,000,000) | 13,000,000 | — | 50,000,000 |
| Capital lease obligations | — | — | — | — | — | — | — | 17,000,000 |
| Increase (Decrease) in capital expenditures due to changes in accounts payable and accrued liabilities | — | (326,000,000) | 797,000,000 | — | — | — | — | — |
| Decrease in capital expenditures due to changes in accounts payable and accrued expenses | (40,000,000) | — | — | — | — | — | — | — |
| Increase (Decrease) in capital expenditures due to changes in vendor financing | (239,000,000) | 255,000,000 | — | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.