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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 74 $ 121
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 89 83
Deferred income taxes 37 25
Equity income in unconsolidated affiliates 0 (29)
Stock-based compensation 16 19
Other, net 13 14
Change in operating assets and liabilities, net of acquisitions:    
Receivables 142 69
Inventories (21) (20)
Contract assets (103) (75)
Prepaid and other current assets (3) (32)
Accounts payable (41) (105)
Accrued liabilities (165) (144)
Contract liabilities 28  
Income taxes payable 23 (16)
Other assets/liabilities, net 46 12
Net cash provided by (used in) operating activities 135 (78)
Cash flows from investing activities:    
Purchases of property, plant and equipment (84) (69)
Business acquisitions, net of cash acquired   (243)
Other 3 1
Net cash used in investing activities (81) (311)
Cash flows from financing activities:    
Borrowings against lines of credit and other debt   333
Payments against lines of credit and other debt (4) (250)
Cash dividends paid (28) (20)
Share repurchases (81)  
Financing leases (7) (6)
Other (15) (14)
Net cash provided by (used in) financing activities (135) 43
Effect of exchange rates on cash 8 (2)
Decrease in cash and cash equivalents (73) (348)
Cash and cash equivalents, beginning of period 1,230 816
Cash and cash equivalents, end of period 1,157 468
Cash payments during the period for:    
Interest 4 6
Income taxes $ 15 $ 28