A reconciliation of net cash provided by operating activities to adjusted free cash flow is as follows:
(in millions) |
Three Months Ended
|
Six Months Ended
|
||||||||||
Net cash provided by operating activities | $ | 1,009 | $ | 1,543 | ||||||||
Net cash used in investing activities | (422 | ) | 437 | |||||||||
Acquisitions, net of cash acquired | 152 | (822 | ) | |||||||||
Payments on capital leases and other long-term asset financings | (318 | ) | (443 | ) | ||||||||
Payments on transaction and integration-related costs | 63 | 143 | ||||||||||
Payments on restructuring costs | 162 | 393 | ||||||||||
Sale of accounts receivables, net DPP | 30 | 20 | ||||||||||
Sale of USPS accounts receivables | (87 | ) | (87 | ) | ||||||||
Adjusted free cash flow | $ | 589 | $ | 1,184 | ||||||||