星空传媒 Inc. Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION

3 Months Ended

Mar. 31, 2021

听

NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION

Allowance for Credit Losses

The following is a roll forward of our allowance for credit losses associated with Accounts receivable, net:


	(In Millions)
	2021		2020
Allowance for credit losses as of January 1	$	(5)	$	鈥斕�
Increase in allowance	(1)		(1)
Allowance for credit losses as of March 31	$	(6)	$	(1)

Inventories

The following table presents the detail of our Inventories in the Statements of Unaudited Condensed Consolidated Financial Position:


	(In Millions)
	March 31, 2021		December 31, 2020
Product inventories
Finished and semi-finished goods	$	2,296听	$	2,125听
Raw materials	1,372听		1,431听
Total product inventories	3,668听		3,556听
Manufacturing supplies and critical spares	264听		272听
Inventories	$	3,932听	$	3,828听

Cash Flow Information

A reconciliation of capital additions to cash paid for capital expenditures is as follows:


	(In Millions)
	Three Months Ended March 31,
	2021		2020
Capital additions	$	162听	$	158听
Less:
Non-cash accruals	23听		(10)
Right-of-use assets - finance leases	3听		30听

Cash paid for capital expenditures including deposits	$	136听	$	138听

Cash payments (receipts) for income taxes and interest are as follows:


	(In Millions)
	Three Months Ended March 31,
	2021		2020
Taxes paid on income	$	3听	$	鈥斕�
Income tax refunds	(14)		(60)
Interest paid on debt obligations net of capitalized interest1	75听		30听

1 Capitalized interest was $1 million and $10 million for the three months ended March听31, 2021 and 2020, respectively.