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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net (loss) income $ (1,864) $ 279 $ 367
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 1,179 1,156 325
Deferred income taxes (237) (236) (68)
(Gains) losses on sale of fixed assets (3) (1) 4
Gains on business divestiture (11) 0 0
Stock-based compensation 49 54 36
Pension contributions (36) (37) (24)
Amortization Of Inventory Step-Up 0 368 0
Impairment of goodwill 2,250 0 0
Impairment of long-lived assets 120 0 0
Changes in assets and liabilities, net of acquisitions:      
Trade receivables (117) (169) (61)
Inventories (893) (363) 18
Accounts payable (57) 419 28
Accruals for incentive compensation (34) 96 44
Other current payables and accrued expenses 92 4 57
Other assets/liabilities, net (41) (133) (12)
Net cash provided by operating activities 397 1,437 714
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash received (110) 0 0
Additions to property, plant and equipment (504) (393) (192)
Additions to intangible assets (2) (4) 0
Proceeds from disposal of assets 8 18 17
Proceeds from unwinding of derivative instruments 173 0 0
Cash acquired from acquisition 11 246 0
Net proceeds received from business divestiture 1,169 115 0
Maturity of net investment hedges 0 0 (14)
Proceeds from life insurance contracts 0 0 2
Net cash provided by (used in) investing activities 745 (18) (187)
Cash flows from financing activities:      
Cash dividends paid to shareholders (810) (667) (323)
Payments of Ordinary Dividends, Noncontrolling Interest 0 (2) 0
Increase (decrease) in revolving credit facility and short term borrowings 104 (105) 0
Proceeds from issuance of commercial paper (maturities after three months) 225 0 0
Repayments of commercial paper (maturities after three months) (421) 0 0
Net borrowings of commercial paper (maturities less than three months) 48 324 0
Deferred financing costs 0 (3) (3)
Repayments of long-term debt (300) (828) (347)
Purchases of redeemable non-controlling interest (47) 0 (22)
Proceeds from issuance of long-term debt 0 (3) (200)
Contingent consideration paid 0 (14) (9)
Proceeds from issuance of stock in connection with stock options 0 9 0
Employee withholding taxes paid (21) (21) (8)
Other, net (7) 0 0
Net cash used in financing activities (1,229) (1,304) (512)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (77) (59) 21
Net change in cash, cash equivalents and restricted cash (164) 56 36
Cash, cash equivalents and restricted cash at beginning of year 716 660 624
Cash, cash equivalents and restricted cash at end of year 552 716 660
Supplemental Disclosures:      
Interest paid, net of amounts capitalized 310 310 128
Income taxes paid 329 289 133
Accrued capital expenditures $ 150 $ 117 $ 41