Component: (Network and Table)
Network
00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.iilg.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001434620 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
Cash flows from operating activities:
 
 
 
Net income
267,000,000  
75,000,000  
82,000,000  
Adjustments to reconcile net income to net cash provided by (used by) operating activities:
 
 
 
Amortization expense of intangibles
19,000,000  
14,000,000  
12,000,000  
Amortization of debt issuance costs
2,000,000  
2,000,000  
1,000,000  
Depreciation expense
43,000,000  
18,000,000  
16,000,000  
Provision for loan losses
20,000,000  
2,000,000  
 
Accretion of mortgages receivable
2,000,000  
  
Non-cash compensation expense
18,000,000  
13,000,000  
11,000,000  
Deferred income taxes
8,000,000  
3,000,000  
7,000,000  
Equity in earnings from unconsolidated entities
(5,000,000) 
(5,000,000) 
(5,000,000) 
Excess tax benefits from stock-based awards
 
(2,000,000) 
(2,000,000) 
Gain on bargain purchase of Vistana acquisition
(163,000,000) 
  
Changes in operating assets and liabilities:
 
 
 
Restricted cash
(15,000,000) 
4,000,000  
(8,000,000) 
Accounts receivable
(11,000,000) 
(3,000,000) 
3,000,000  
Vacation ownership mortgages receivable
(28,000,000) 
2,000,000  
 
Vacation ownership inventory
(97,000,000) 
7,000,000  
2,000,000  
Prepaid expenses and other current assets
4,000,000  
4,000,000  
6,000,000  
Prepaid income taxes and income taxes payable
(43,000,000) 
10,000,000  
(10,000,000) 
Accounts payable and other current liabilities
33,000,000  
1,000,000  
11,000,000  
Deferred income
(66,000,000) 
(7,000,000) 
(7,000,000) 
Other, net
5,000,000  
5,000,000  
(8,000,000) 
Net cash provided by (used in) operating activities
(7,000,000) 
 
143,000,000  
 
111,000,000  
 
Cash flows from investing activities:
 
 
 
Acquisitions net of cash acquired
(84,000,000) 
 
(208,000,000) 
Investment in unconsolidated entity
(5,000,000) 
 
(4,000,000) 
Capital expenditures
(95,000,000) 
(20,000,000) 
(19,000,000) 
Purchases of trading investments
(2,000,000) 
 
(11,000,000) 
Investment in financing receivables
(3,000,000) 
(1,000,000) 
(16,000,000) 
Net cash used in investing activities
(189,000,000) 
 
(21,000,000) 
 
(258,000,000) 
 
Cash flows from financing activities:
 
 
 
Proceeds from issuance of senior notes
 
350,000,000  
 
Borrowings (payments) on revolving credit facility, net
165,000,000  
(413,000,000) 
235,000,000  
Payments of debt issuance costs
(7,000,000) 
(7,000,000) 
(2,000,000) 
Proceeds from securitized debt
375,000,000  
  
Payments on securitized debt
(93,000,000) 
  
Increase in restricted cash
(25,000,000) 
  
Purchases of treasury stock
(101,000,000) 
 
(14,000,000) 
Dividend payments to stockholders
(52,000,000) 
(28,000,000) 
(25,000,000) 
Dividend payments to noncontrolling interest
(2,000,000) 
(3,000,000) 
 
Payment to former Vistana owner for subsidiary financing obligation
(24,000,000) 
  
Payments of contingent consideration
  
(7,000,000) 
Withholding taxes on vesting of restricted stock units
(2,000,000) 
(4,000,000) 
(4,000,000) 
Excess tax benefits from stock-based awards
 
2,000,000  
2,000,000  
Net cash provided by (used) in financing activities
234,000,000  
 
(103,000,000) 
 
185,000,000  
 
Effect of exchange rate changes on cash and cash equivalents
(5,000,000) 
(7,000,000) 
(5,000,000) 
Net increase in cash and cash equivalents
33,000,000  
 
12,000,000  
 
33,000,000  
 
Cash and cash equivalents at beginning of year
93,000,000  
81,000,000  
48,000,000  
Cash and cash equivalents at end of year
126,000,000  
 
93,000,000  
 
81,000,000