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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net income $ 226 $ 241
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 69 70
Amortization 33 37
Share-based compensation 11 14
Restructuring charges 5 18
Gain from sale of businesses (9) (11)
Other, net 10 (2)
Payments for restructuring (11) (20)
Changes in assets and liabilities (net of acquisitions):    
Changes in receivables (32) (40)
Changes in inventories (15) (62)
Changes in accounts payable 6 (2)
Other, net (33) 10
Net Cash – Operating activities 260 253
Investing Activities    
Capital expenditures (78) (77)
Proceeds from sale of businesses 1 30
Proceeds from the sale of property, plant and equipment 1 2
Other, net (2) 0
Net Cash – Investing activities (74) (45)
Financing Activities    
(Repayment) issuance of short-term debt (3) 2
Repurchase of common stock (128) (132)
Proceeds from exercise of employee stock options 14 17
Dividends paid (77) (71)
Other, net 0 2
Net Cash – Financing activities (194) (182)
Effect of exchange rate changes on cash (44) (30)
Net change in cash and cash equivalents (52) (4)
Cash and cash equivalents at beginning of year 663 533
Cash and cash equivalents at end of period 611 529
Cash paid during the period for:    
Interest 37 36
Income taxes (net of refunds received) $ 57 $ 69