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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net income $ 608 $ 482
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 371 359
Stock-based compensation expense 36 30
Below market intangible amortization (39) (39)
Net loss on disposal of property, plant and equipment 4 5
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable and unbilled accounts receivable (214) (39)
Inventories (201) (401)
Accounts payable (50) 232
Accrued income taxes (6) 43
Accrued liabilities and customer deposits 12 37
Other assets and liabilities (6) (81)
Net cash provided by operating activities 515 628
Investing Activities    
Acquisitions of businesses, net of cash acquired (227) (69)
Purchase of property, plant and equipment (109) (82)
Proceeds from disposal of property, plant and equipment 0 2
Net cash used for investing activities (336) (149)
Financing Activities    
Proceeds from debt, net of issuance costs 4,351 4,567
Payments of debt (4,302) (4,474)
Repurchase of stock (252) (400)
Cash dividends (92) (83)
Payment of income tax withholding on share-based compensation (16) (4)
Distribution to noncontrolling interest (12) 0
Other financing activities 0 (1)
Net cash used for financing activities (323) (395)
Effect of changes in currency exchange rates (5) (43)
(Decrease) increase in cash (149) 41
Cash, cash equivalents and restricted cash, beginning of period 541 473
Cash, cash equivalents and restricted cash, end of period $ 392 $ 514