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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (Loss) $ 985 $ 155 $ (245)
Adjustments to reconcile net income (loss) to net cash provided (used in) by operating activities:      
Depreciation and amortization 302 301 306
Russia/Belarus Impairment and loss on assets held for sale 4 127  
Deferred income taxes (489) (2) 11
Stock-based compensation 66 67 78
Loss on extinguishment of debt     7
Equity (income) loss in unconsolidated affiliates (119) (68) 5
Provision for inventory losses 28 (18) 73
Other, net (50) 18 16
Change in operating assets and liabilities, net of acquisitions:      
Receivables (269) (440) (52)
Inventories (361) (480) 17
Contract assets (55) (220) 150
Prepaid and other current assets (40) 6 28
Accounts payable (4) 289 118
Accrued liabilities (116) 101 (97)
Contract liabilities 82 52 27
Income taxes payable (6) 5 (28)
Other assets/liabilities, net 185 (72) (123)
Net cash provided by (used in) operating activities 143 (179) 291
Cash flows from investing activities:      
Purchases of property, plant and equipment (283) (214) (201)
Business acquisitions, net of cash acquired (22) (49) (52)
Other, net 12 25 57
Net cash used in investing activities (293) (238) (196)
Cash flows from financing activities:      
Borrowings against lines of credit and other debt 2 20 60
Payments against lines of credit and other debt (10) (4) (183)
Financing leases (23) (24) (26)
Cash dividends paid (79) (78) (20)
Debt issuance and extinguishment costs     (7)
Other 7 (10) (13)
Net cash used in financing activities (103) (96) (189)
Effect of exchange rates on cash   (9) (7)
Increase (decrease) in cash and cash equivalents (253) (522) (101)
Cash and cash equivalents, beginning of period 1,069 1,591 1,692
Cash and cash equivalents, end of period 816 1,069 1,591
Cash payments (refunds) during the period for:      
Interest 85 75 76
Income taxes $ 114 $ 117 $ (78)