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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Activities    
Net income (loss) $ 15 $ (68)
Adjustments to reconcile net income (loss) to net cash provided from (used by) operating activities:    
Depreciation and amortization 82 75
Non-cash stock-based compensation 13 13
Equity in net loss (income) of non-consolidated affiliates, net of dividends remitted 14 (4)
Other non-cash items 4 1
Changes in assets and liabilities:    
Accounts receivable 50 38
Inventories (82) 5
Accounts payable (68) 11
Other assets and other liabilities (40) 26
Net cash (used by) provided from operating activities (12) 97
Investing Activities    
Capital expenditures, including intangibles (54) (83)
Contributions to equity method investments (3) (1)
Loan repayments from non-consolidated affiliates 2 2
Other 5 5
Net cash used by investing activities (50) (77)
Financing Activities    
Borrowings on revolving credit facility 0 400
Payments on revolving credit facility 0 (400)
Repurchase of common stock 0 (16)
Dividends paid to non-controlling interests (33) (7)
Short-term debt, net 6 (37)
Other 1 0
Net cash used by financing activities (26) (60)
Effect of exchange rate changes on cash (11) 6
Net decrease in cash, equivalents, and restricted cash (99) (34)
Cash, equivalents, and restricted cash at beginning of the period 500 469
Cash, equivalents, and restricted cash at end of the period $ 401 $ 435