XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income $ 253 $ 157
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 195 190
Stock-based compensation expense 8 6
Loss from disposition and write-off of property, plant and equipment 4 5
Deferred income taxes 10 126
Other losses (gains), net 3 (2)
Changes in operating assets and liabilities, net of effect of business acquisitions    
Accounts receivable (120) (240)
Inventories (42) (8)
Prepaid expenses and other current assets (12) 7
Accounts payable 75 (2)
Accrued and other liabilities (84) (146)
Other, net (25) (32)
Net cash provided by operating activities 265 61
Cash flows from investing activities    
Additions to property, plant and equipment (141) (164)
Return of (additions to) investment from unconsolidated subsidiaries (7) 39
Other, net 13 (7)
Net cash used for investing activities (135) (132)
Cash flows from financing activities    
Distributions to noncontrolling interests (11) (10)
Dividends paid (35) (34)
Proceeds from debt issuance 4 0
Net proceeds from (repayment of) short-term notes payable 0 (21)
Proceeds from drawdown of revolver 0 1,000
Repurchase of common stock for treasury 0 (54)
Other, net 8 2
Net cash provided by (used for) financing activities (34) 883
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3) (3)
Net increase in cash, cash equivalents and restricted cash 93 809
Cash, cash equivalents and restricted cash at beginning of period 1,337 750
Cash, cash equivalents and restricted cash at end of period $ 1,430 $ 1,559