XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash provided by operating activities    
Net (loss) income $ (62) $ 145
Non-cash charges to net (loss) income:    
Depreciation and amortization 103 106
Mechanical stores expense 27 26
Deferred income taxes (21) (2)
Assets held for sale impairment 360  
Other (5) 25
Changes in working capital:    
Accounts receivable and prepaid expenses (118) 64
Inventories (165) (31)
Accounts payable and accrued liabilities 62 (21)
Margin accounts (20) (18)
Other (32)  
Cash provided by operating activities 129 294
Cash used for investing activities    
Capital expenditures and mechanical stores purchases, net of proceeds on disposals (102) (175)
Payments for acquisitions, net of cash acquired of $2 and $ -, respectively (40)  
Investment in non-consolidated affiliates (11) (6)
Short-term investments (4) 3
Cash used for investing activities (157) (178)
Cash (used for) provided by financing activities    
Proceeds from borrowings 430 1,486
Payments on debt (416) (709)
Payments for debt issuance costs   (9)
Repurchases of common stock, net (24)  
Issuances of common stock for share-based compensation, net of settlements 9 2
Dividends paid, including to non-controlling interests (93) (87)
Cash (used for) provided by financing activities (94) 683
Effects of foreign exchange rate changes on cash (1) (16)
(Decrease) increase in cash and cash equivalents (123) 783
Cash and cash equivalents, beginning of period 665 264
Cash and cash equivalents, end of period $ 542 $ 1,047