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SEC Filings

8-K
FIRST DATA CORP filed this Form 8-K on 07/30/2018
Entire Document
 

First Data Corporation
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(in millions)


FREE CASH FLOW RECONCILIATION
 
 
 
Six months ended June 30,
 
2018
 
2017
 
Change
 
 
 
 
 
 
Net cash provided by operating activities
$
1,138

 
$
1,001

 
$
137

Capital expenditures
(290
)
 
(256
)
 
(34
)
Distribution and dividends paid to noncontrolling interests and redeemable noncontrolling interest and other
(102
)
 
(36
)
 
(66
)
Free cash flow
$
746

 
$
709

 
$
37

 
 
 
 
 
 

 
 
NET DEBT RECONCILIATION
 
 
 
 
 
 
 
As of
 
As of
 
 
June 30, 2018
 
December 31, 2017
Total long-term borrowings
 
$
17,717

 
$
17,927

Total short-term and current portion of long-term borrowings
 
900

 
1,271

Total borrowings
 
18,617

 
19,198

Unamortized discount and unamortized deferred financing costs
 
112

 
126

Total borrowings at par
 
18,729

 
19,324

Less: Settlement lines of credit and other arrangements
 
147

 
205

Gross debt excluding settlement lines of credit and other arrangements
 
18,582

 
19,119

Less: Cash and cash equivalents
 
544

 
498

Net debt
 
$
18,038

 
$
18,621










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