XML 31 R6.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2023
Operating activities    
Net income $ 109 $ 234
Non-cash adjustments:    
Share of (income) loss from investments accounted for under the equity method, net 17 20
Stock based equity awards 1 2
Working capital movements:    
Due from affiliates 65 (28)
Due to affiliates 39 41
Accounts payable (107) (15)
Other non-cash operating items 10 12
Cash provided by (used in) operating activities 134 266
Investing activities    
Purchase of tracking option 0 (41)
Cash provided by (used in) investing activities 0 (41)
Financing activities    
Stock based compensation prepayment from affiliates 0 104
Change in due to affiliates 29 124
Proceeds (costs) related to issuance of shares (1) (1)
Distributions paid to common stockholders (127) (254)
Purchase of treasury shares (35) (187)
Cash provided by (used in) financing activities (134) (214)
Cash and cash equivalents    
Change in cash and cash equivalents 0 11
Balance, beginning of period 12 1
Balance, end of period $ 12 $ 12