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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net income $ 528 $ 428 $ 583
Adjustments to reconcile net income to net cash provided by / (used for) operating activities:      
Depreciation and amortization 425 247 247
Restructuring and other 44 51 30
Pension expense 45 13 42
Pension contributions (20) (294) (103)
Stock-based compensation 27 23 20
Deferred income taxes 35 247 16
Changes in assets and liabilities:      
Receivables (493) (1,143) (1,057)
Inventories (201) (65) (85)
Accounts payable and accrued liabilities 209 253 163
Other, net (28) (11) 10
Net cash provided by / (used for) operating activities 571 (251) (134)
Cash flows from investing activities      
Capital expenditures (462) (498) (473)
Beneficial interest in transferred receivables 490 1,010 1,086
Acquisition of businesses, net of cash acquired (3,912) 0 0
Foreign exchange derivatives related to acquisition (25) 0 0
Net investment hedges 34 0 0
Proceeds from sale of property, plant and equipment 36 8 10
Other (4) (24) 10
Net cash (used for) / provided by investing activities (3,843) 496 633
Cash flows from financing activities      
Proceeds from long-term debt 4,082 1,054 1,380
Payments of long-term debt (333) (1,137) (1,914)
Net change in revolving credit facility and short-term debt (69) 95 (32)
Premiums paid to retire debt 0 0 (22)
Debt issuance costs (70) (16) (18)
Common stock issued 1 9 10
Common stock repurchased (4) (339) (8)
Dividends paid to noncontrolling interests (60) (93) (80)
Contribution from noncontrolling interests 0 0 4
Foreign exchange derivatives related to debt (14) 27 42
Net cash provided by / (used for) financing activities 3,533 (400) (638)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (37) 14 (30)
Net change in cash, cash equivalents and restricted cash 224 (141) (169)
Cash and cash equivalents at beginning of period 435 576 745
Cash and cash equivalents at end of period $ 659 $ 435 $ 576