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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Profit of the year from continuing operations $ 305 $ 457 $ 313
Adjustments to reconcile net profit to cash flows from operating activities 406 302 362
Changes in operating assets and liabilities (136) (140) (62)
Net cash generated by operating activities from discontinued operations 116
Net cash generated by operating activities 575 619 729
Cash flows from investing activities      
Payment for property, plant and equipment acquisitions (758) (416) (206)
Payment for intangible assets acquisitions (31) (4)
Collections for sales (Payment for) public securities and shares acquisitions, net 130 (102) (234)
Recovery (Subscription) of mutual funds, net 96 (1) 52
Payment for the acquisition of companies (1) (111) (17)
Collection for equity interests in companies sales 72 44 51
Collections for property, plant and equipment sales 1 1
Collections for intangible assets sales 20 21 5
Dividends received 10 18
(Payment) Collection of loans (6) 11 26
Net cash used in investing activities from discontinued operations (166)
Net cash used in investing activities (446) (575) (474)
Cash flows from financing activities      
Proceeds from borrowings 424 308 188
Payment of  borrowings (191) (143) (336)
Payment of  borrowings interests (280) (162) (140)
Payment for treasury shares acquisition (18) (39)
Repurchase of corporate bonds (6) (28) (3)
Payments of leases (3) (3) (5)
Payments of dividends (1)
Net cash used in financing activities from discontinued operations (7)
Net cash used in financing activities (57) (46) (342)
Increase (Decrease) in cash and cash equivalents 72 (2) (87)
Cash and cash equivalents at the beginning of the year 106 110 141
Cash and cash equivalents at the beginning of the year reclasified to assets classified as held for sale 52
Exchange difference generated by cash and cash equivalents (7) (2) 4
Increase (Decrease) in cash and cash equivalents 72 (2) (87)
Cash and cash equivalents at the end of the year $ 171 $ 106 $ 110