XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Repayments of Long-term Debt $ (359.0)  
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 320.0 $ 33.0
Adjustments to net income:    
Depreciation and amortization 29.0 28.0
Impairment of Long-Lived Assets Held-for-use 0.0 7.0
Deferred Income Tax Expense (Benefit) 4.0 (4.0)
Gain (Loss) on Extinguishment of Debt 11.0 0.0
Other adjustments, net 3.0 (5.0)
Receivables (74.0) (31.0)
Prepaid expenses and other current assets 3.0 (1.0)
Inventories (50.0) (36.0)
Accounts payable and accrued liabilities (3.0) (16.0)
Income taxes payable, net of receivables (71.0) (16.0)
Net cash provided by operating activities 314.0 (9.0)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (34.0) (24.0)
Other investing activities 2.0 0.0
Net cash used in investing activities (32.0) (24.0)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Issuance of Long-term Debt 350.0 350.0
Payment of cash dividend (17.0) (16.0)
Purchase of stock (122.0) 0.0
Other financing activities (10.0) (5.0)
Net cash (used in) provided by financing activities (158.0) 329.0
EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH (2.0) (3.0)
Net increase in cash, cash equivalents and restricted cash 122.0 293.0
Cash, cash equivalents and restricted cash at beginning of period 535.0 195.0
Cash, cash equivalents and restricted cash at end of period 658.0 488.0
Supplemental Cash Flow Information [Abstract]    
Income Taxes Paid, Net 21.0 0.0
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 9.0 10.0
Capital Expenditures Incurred but Not yet Paid $ 14.0 $ 7.0