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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net (loss) income $ (1,812) $ 273
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 208 56
Goodwill and intangible asset impairments 1,827 0
Unrealized loss on derivatives not designated as hedging instruments 20 7
Amortization of debt issuance costs and original issue discount 15 0
Gain on sale of long-lived assets 0 (7)
Stock-based compensation 31 21
Provision for excess and obsolete inventory 30 7
Deferred income taxes (120) (2)
Other 1 2
Changes in operating assets and liabilities    
Accounts receivable 80 (53)
Inventories (94) (133)
Other current and non-current assets (11) 5
Accounts payable (108) 15
Accrued compensation (35) (49)
Income taxes payable (56) (11)
Other current and non-current liabilities 2 15
Net cash (used in) provided by operating activities (22) 146
Cash flows from investing activities:    
Purchases of investments 0 (1)
Maturities of investments 0 76
Proceeds from sale of long-lived assets 1 7
Purchases of property, plant and equipment (35) (83)
Net cash used in investing activities (34) (1)
Cash flows from financing activities:    
Proceeds from borrowings 1 6
Payments of borrowings (45) (8)
Dividend payments (29) (24)
Net payments related to employee stock awards (5) (5)
Net cash used in financing activities (78) (31)
Effect of exchange rate changes on cash and cash equivalents (18) (15)
(Decrease) increase in cash and cash equivalents (152) 99
Cash and cash equivalents at beginning of period 909 966
Cash and cash equivalents at end of period $ 757 $ 1,065