XML 19 R8.htm IDEA: XBRL DOCUMENT v3.24.2.u1Close
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net income $ 79,037 $ 220,889 $ 1,010,932
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including impairments) 1,644,297 1,773,673 1,787,152
Loss (gain) on investments and sale of affiliate interests, net (180,237) 659,792 88,898
Loss (gain) on derivative contracts, net 166,489 (425,815) (85,911)
Gain (Loss) on Extinguishment of Debt (4,393) 575 51,712
Amortization of deferred financing costs and discounts (premiums) on indebtedness 34,440 77,356 91,226
Share-based compensation expense 47,926 159,985 98,296
Deferred income taxes (226,915) 36,385 40,701
Decrease in right-of-use assets 46,108 44,342 43,820
Provision for doubtful accounts 84,461 88,159 68,809
Goodwill impairment (b) 163,055 0 0
Other Operating Activities, Cash Flow Statement 11,169 3,460 4,928
Increase (Decrease) in Operating Capital [Abstract]      
Accounts receivable, trade (77,703) (45,279) (30,379)
Prepaid expenses and other assets (54,782) 50,419 28,343
Amounts due from and due to affiliates 50,831 (7,749) 23,758
Accounts payable and accrued liabilities (39,256) 46,724 (177,326)
Deferred revenue 9,164 (14,953) (40,929)
Interest rate swap contracts 72,707 (301,062) (149,952)
Net Cash Provided by (Used in) Operating Activities, Total 1,826,398 2,366,901 2,854,078 Close
Net Cash Provided by (Used in) Investing Activities [Abstract]      
Capital expenditures (1,704,811) (1,914,282) (1,231,715)
Payments for acquisitions, net of cash acquired 0 (2,060) (340,444)
Payments for (Proceeds from) Other Investing Activities (1,712) (5,168) (1,444)
Net Cash Provided by (Used in) Investing Activities, Total (1,706,523) (1,921,510) (1,573,603) Close
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Proceeds from long-term debt 2,700,000 4,276,903 4,410,000
Repayments of Debt (2,688,009) (4,469,727) (4,870,108)
Proceeds from collateralized indebtedness and related derivative contracts, net 38,902 0 185,105
Repayment of collateralized indebtedness and related derivative contracts, net 0 0 (185,105)
Principal payments on finance lease obligations (149,297) (134,682) (85,949)
Purchase of shares of Altice USA, Inc. Class A common stock, pursuant to a share repurchase program 0 0 (804,928)
Payments to acquire noncontrolling interest (14,070) 0 0
Other, net (10,117) (8,400) (11,539)
Net cash used in financing activities (122,591) (335,906) (1,362,524) Close
Net increase (decrease) in cash and cash equivalents (2,716) 109,485 (82,049) Close
Effect of exchange rate changes on cash and cash equivalents (697) 291 (662)
Net increase (decrease) in cash and cash equivalents (3,413) 109,776 (82,711)
Cash, cash equivalents and restricted cash at beginning of year 305,751 195,975 278,686
Cash, cash equivalents and restricted cash at end of year $ 302,338 $ 305,751 $ 195,975