Liberty Broadband Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

12 Months Ended

Dec. 31, 2021

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

(3) Supplemental Disclosures to Consolidated Statements of Cash Flows


	Years ended December 31,
	2021		2020	2019

	amounts in millions
Cash paid for acquisitions:
Property and equipment	$	—	1,109	—
Investment in Charter		—	3,494	—
Intangible assets not subject to amortization		—	1,342	—
Intangible assets subject to amortization		—	639	—
Receivables and other assets		—	641	—
Net liabilities assumed		—	(3,719)	—
Deferred tax assets (liabilities)		—	(1,026)	—
Noncontrolling interests		—	(12)	—
Fair value of equity consideration		—	(3,060)	—
Cash paid (received) for acquisitions, net of cash acquired	$	—	(592)	—


	Years ended December 31,
	2021		2020	2019

	amounts in millions
Cash paid for interest	$	125	24	24
Cash paid for taxes	$	238	—	—

The following table reconciles cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total amount presented in its consolidated statements of cash flows:


	Years ended December 31,
	2021		2020	2019

	amounts in millions
Cash and cash equivalents	$	191	1,418	50
Restricted cash included in other current assets		15	15	—
Total cash and cash equivalents and restricted cash at end of period	$	206	1,433	50

Restricted cash primarily relates to cash restricted for use on GCI Holdings’ various arrangements to help fund projects that extended terrestrial broadband service for the first time to rural Northwestern Alaska communities via a high capacity hybrid fiber optic and microwave network.