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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 714 $ 896
Income from discontinued operations, net of tax 108 223
Income from continuing operations 606 673
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 285 216
Amortization 67 47
Amortization of deferred debt issuance costs 5 5
Restructuring expense, net of cash paid 93 (32)
Deferred income taxes 9 0
Pension and other postretirement benefit expenses 31 40
Income from equity method investments, net of dividends received (9) 2
Loss on extinguishment of debt 0 52
(Gain) loss on sale of assets (1) 19
Share-based compensation 28 35
Changes in operating assets and liabilities:    
Accounts receivable, net (141) (303)
Inventories (136) (141)
Other assets 7 18
Accounts payable 75 182
Accrued and other long-term liabilities (19) (106)
Other, net (18) (35)
Pension contributions (39) (37)
Net cash provided by operating activities from continuing operations 843 635
Net cash provided by operating activities from discontinued operations 0 34
Net cash provided by operating activities 843 669
Cash flows from investing activities:    
Capital expenditures (412) (360)
Proceeds from sale of property / investments 8 3
Net proceeds from divestiture of discontinued operations 52 660
Cost of business acquisitions, net of cash acquired (15) 0
Cost of technology investments (3) (23)
Payment associated with business disposal 0 (7)
Settlement of derivatives (16) 0
Net cash (used in) provided by investing activities from continuing operations (386) 273
Net cash used in investing activities from discontinued operations (4) (65)
Net cash (used in) provided by investing activities (390) 208
Cash flows from financing activities:    
Net proceeds under other short-term debt agreements 51 7
Repayment of senior notes 0 (546)
Proceeds from issuance of senior notes, net of issuance costs 0 753
Dividend payments of consolidated affiliates to minority shareholders (12) (13)
Repurchase of ordinary shares (435) (542)
Distribution of cash dividends (159) (145)
Taxes withheld and paid on employees' restricted share awards (40) (58)
Net cash used in financing activities (595) (544)
Effect of exchange rate fluctuations on cash and cash equivalents 0 (2)
Increase (decrease) in cash and cash equivalents (142) 331
Cash and cash equivalents at beginning of period 579 904
Cash and cash equivalents at end of period 437 1,235
Cash and cash equivalents of discontinued operations 0 64
Cash and cash equivalents of continuing operations $ 437 $ 1,171