SEC Filings

8-K
TIME WARNER INC. filed this Form 8-K on 10/26/2017
Entire Document
 


TIME WARNER INC.

RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES

(Unaudited; millions)

Reconciliation of Free Cash Flow to Cash Provided by Operations from Continuing Operations

 

     Three Months Ended September 30,     Nine Months Ended September 30,  
     2017     2016     2017     2016  

Cash provided by operations from continuing operations

   $ 1,497     $ 1,571     $ 3,958     $ 3,544  

Add external costs related to mergers, acquisitions, investments or dispositions and contingent consideration payments

     10       3       23       13  

Add excess tax benefits from equity instruments

           19             59  

Less capital expenditures

     (160     (108     (362     (270

Less principal payments on capital leases

     (21     (4     (32     (11
  

 

 

   

 

 

   

 

 

   

 

 

 

Free Cash Flow

   $ 1,326     $ 1,481     $ 3,587     $ 3,335  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

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