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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 250 $ 153 $ 73
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 80 79 77
Amortization 222 224 227
Restructuring charges, net of cash paid (16) 9 22
Deferred taxes (30) (32) (47)
Share-based compensation expense 32 29 18
Profit-sharing expense 27 19 15
Non-cash lease expense 97 88 67
Net periodic pension expense (benefit) 27 (8) (35)
Loss (gain) on extinguishment of debt, net 1 7 (5)
Other, net (23) 0 3
Pension contributions (6) (4) (34)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable (2) (69) (148)
Contract assets (9) 26 (69)
Inventories 9 13 (30)
Prepaid expenses and other current assets 6 (14) (1)
Accounts payable 16 (14) 71
Accrued liabilities and income taxes payable (3) 42 47
Contract liabilities 46 51 71
Other assets and liabilities (104) (85) (52)
Net cash provided by operating activities 620 514 270
Cash flows from investing activities:      
Acquisitions, net of cash acquired (778) (83) (2,839)
Purchases of property and equipment (84) (86) (79)
Proceeds from sales of property, equipment, held for sale assets, and businesses 33 54 17
Net cash used in investing activities (829) (115) (2,901)
Cash flows from financing activities:      
Proceeds from long-term borrowings 850 0 1,104
Payments on long-term borrowings (437) (484) (34)
Repurchases of long-term borrowings 0 0 (30)
Payments of debt issuance costs 0 0 (29)
Repurchases of common stock 0 (41) (44)
Proceeds from the issuance of common shares 458 0 797
Conversion of Series B Preferred Stock (600) 0 0
Payments of acquisition-related consideration (8) (4) (5)
Restricted shares tendered for taxes (13) (3) (3)
Other financing activities (5) 0 0
Net cash provided by (used in) financing activities 245 (532) 1,756
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash (15) 6 (9)
Net increase (decrease) in cash, cash equivalents, and restricted cash 21 (127) (884)
Cash, cash equivalents, and restricted cash, beginning of period 480 607 1,491
Cash, cash equivalents, and restricted cash, end of period 501 480 607
Supplemental cash flow disclosures:      
Cash paid for interest, net of interest income 152 150 120
Cash paid for income taxes, net of refunds 101 95 43
Accrued consideration 31 11 1
Shares of common stock issued to profit sharing plan 18 14 13
Shares of common stock issued for conversion of Series B Preferred Stock $ 569 $ 0 $ 0