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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash provided by (used for) operating activities    
Net income $ 358 $ 278
Non-cash charges to net income:    
Depreciation and amortization 109 107
Mechanical stores expense 33 27
Other non-cash charges 27 23
Changes in working capital:    
Accounts receivable and prepaid expenses 32 (210)
Inventories (42) (256)
Accounts payable and accrued liabilities (208) 12
Margin accounts (10) (5)
Other (20) 20
Cash provided by (used for) operating activities 279 (4)
Cash used for investing activities    
Capital expenditures and mechanical stores purchases (154) (144)
Proceeds from disposal of manufacturing facilities and properties 1 7
Other (7) 1
Cash used for investing activities (160) (136)
Cash (used for) provided by financing activities    
Proceeds from borrowings 493 227
Payments on debt (510) (189)
Commercial paper borrowings, net 0 308
Repurchases of common stock, net 0 (83)
Issuances (settlements) of common stock for share-based compensation, net 15 (1)
Purchases of non-controlling interests 0 (27)
Dividends paid, including to non-controlling interests (95) (90)
Cash (used for) provided by financing activities (97) 145
Effects of foreign exchange rate changes on cash (1) (15)
Increase (decrease) in cash and cash equivalents 21 (10)
Cash and cash equivalents, beginning of period 236 328
Cash and cash equivalents, end of period $ 257 $ 318