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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash provided by operating activities    
Net income $ 209 $ 259
Non-cash charges to net income:    
Depreciation and amortization 103 107
Mechanical stores expense 28 29
Deferred income taxes 10 8
Other 33 21
Changes in working capital:    
Accounts receivable and prepaid expenses (65) (3)
Inventories (39) (73)
Accounts payable and accrued liabilities (32) (23)
Margin accounts 15 (4)
Other (9) 31
Cash provided by operating activities 253 352
Cash used for investing activities    
Capital expenditures and mechanical stores purchases (156) (160)
Payments for acquisitions, net of cash acquired of $ - and $ - , respectively (42)  
Investment in a non-consolidated affiliate (10)  
Short-term investments 3 3
Other   2
Cash used for investing activities (205) (155)
Cash used for financing activities    
Proceeds from borrowings 714 131
Payments on debt (765) (319)
Repurchases of common stock, net 63 (141)
Issuances of common stock for share-based compensation, net of settlements   (3)
Dividends paid, including to non-controlling interests (87) (92)
Cash used for financing activities (75) (424)
Effects of foreign exchange rate changes on cash (3) (9)
Decrease in cash and cash equivalents (30) (236)
Cash and cash equivalents, beginning of period 327 595
Cash and cash equivalents, end of period $ 297 $ 359