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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash provided by operating activities      
Net income $ 354 $ 424 $ 454
Non-cash charges to net income:      
Depreciation and amortization 213 220 247
Mechanical stores expense 54 57 57
Deferred income taxes (7) 3 (23)
Charge for fair value markup of acquired inventory 6    
Other 99 33 39
Changes in working capital:      
Accounts receivable and prepaid expenses (3) (61) (70)
Inventories (14) (43) (50)
Accounts payable and accrued liabilities 124 51 (3)
Margin accounts 43 (1) 5
Other (40) (3) 47
Cash provided by operating activities 829 680 703
Cash used for investing activities      
Capital expenditures and mechanical stores purchases (340) (328) (350)
Payments for acquisitions, net of cash acquired of $14, $4 , and $ - , respectively (236) (42)  
Investment in non-consolidated affiliates (6) (10) (15)
Short-term investments 4 3 1
Proceeds from disposal of manufacturing facilities and properties 7 2 1
Other   1 2
Cash used for investing activities (571) (374) (361)
Cash used for financing activities      
Proceeds from borrowings 1,550 1,209 987
Payments on debt (1,224) (1,465) (738)
Debt issuance costs (9)    
Repurchases of common stock, net   63 (657)
Issuances of common stock for share-based compensation, net of settlements 4 3 1
Dividends paid, including to non-controlling interests (178) (174) (182)
Cash provided by (used for) financing activities 143 (364) (589)
Effects of foreign exchange rate changes on cash   (5) (21)
Increase (decrease) in cash and cash equivalents 401 (63) (268)
Cash and cash equivalents, beginning of period 264 327  
Cash and cash equivalents, end of period $ 665 $ 264 $ 327