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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash provided by operating activities    
Net income $ 57 $ 238
Non-cash charges to net income:    
Depreciation and amortization 155 158
Mechanical stores expense 40 39
Deferred income taxes (25) (1)
Charge for fair value markup of acquired inventory   3
Impairment on disposition of assets 340  
Other 4 46
Changes in working capital:    
Accounts receivable and prepaid expenses (126) 36
Inventories (226) (10)
Accounts payable and accrued liabilities 94 54
Margin accounts (34) 6
Other (20) (7)
Cash provided by operating activities 259 562
Cash used for investing activities    
Capital expenditures and mechanical stores purchases, net of proceeds on disposals (186) (250)
Payments for acquisitions, net of cash acquired of $2 and $14, respectively (40) (208)
Investment in non-consolidated affiliates (8) (6)
Short-term investments (4) 4
Cash used for investing activities (238) (460)
Cash (used for) provided by financing activities    
Proceeds from borrowings 804 1,527
Payments on debt (1,194) (1,186)
Commercial paper borrowings, net 350  
Payments for debt issuance costs   (9)
Repurchases of common stock, net (68)  
Issuances of common stock for share-based compensation, net of settlements 10 2
Dividends paid, including to non-controlling interests (138) (132)
Cash (used for) provided by financing activities (236) 202
Effects of foreign exchange rate changes on cash (16) (15)
(Decrease) increase in cash and cash equivalents (231) 289
Cash and cash equivalents, beginning of period 665 264
Cash and cash equivalents, end of period $ 434 $ 553