Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net earnings (loss) $ (631,902) $ 678,486
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
Depreciation and amortization 63,008 67,678
Stock-based compensation expense 2,475 5,631
Share of (earnings) losses of affiliates, net 707 3,296
Realized and unrealized (gains) losses on financial instruments, net 833,992 (1,009,600)
Deferred income tax expense (benefit) (236,622) 269,397
Other, net 19 2,489
Change in operating assets and liabilities:    
Current and other assets (3,431) 11,801
Payables and other liabilities 2,417 (8,113)
Net cash provided (used) by operating activities 30,663 21,065
Cash flows from investing activities:    
Capital expended for property and equipment (35,665) (40,114)
Other investing activities, net 1,088 803
Net cash provided (used) by investing activities (34,577) (39,311)
Cash flows from financing activities:    
Repayment of debt, finance leases and tower obligations (2,259) (4,739)
Repurchases of GCI Liberty common stock 0 (43,910)
Other financing activities, net (1,065) (1,929)
Net cash provided (used) by financing activities (3,324) (50,578)
Net increase (decrease) in cash, cash equivalents and restricted cash (7,238) (68,824)
Cash, cash equivalents and restricted cash at beginning of period 576,150 492,032
Cash, cash equivalents and restricted cash at end of period 568,912 423,208
Reconciliation of cash and cash equivalents and restricted cash:    
Total cash and cash equivalents and restricted cash at end of period $ 568,912 $ 423,208