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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net income (loss) $ 136 $ 119
Adjustments to reconcile net income (loss) to net cash provided from operating activities:    
Depreciation and amortization 52 46
Non-cash stock-based compensation 23 21
Equity in net loss (income) of non-consolidated affiliates, net of dividends remitted (4) 4
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item (4) 7
Other non-cash items (2) (5)
Changes in assets and liabilities:    
Accounts receivable (3) (49)
Inventories 4 (23)
Accounts payable 40 8
Other assets and other liabilities (79) (7)
Net cash provided from operating activities 165 126
Investing Activities    
Capital expenditures, including intangibles (66) (68)
Payments to Acquire Businesses, Net of Cash Acquired (50) 0
Payments to Fund Long-Term Loans to Related Parties 0 (5)
Other 1 1
Net cash used by investing activities (115) (72)
Financing Activities    
Payments of Ordinary Dividends, Noncontrolling Interest (18) 0
Repurchase of common stock (7) (20)
Payments Related to Tax Withholding for Share-based Compensation (7) (7)
Proceeds from Stock Options Exercised 3 0
Investment Company, Debt Instrument, Amount Repaid to Principal, Excess (Less) (9) (9)
Net cash used by financing activities (38) (36)
Effect of exchange rate changes on cash 33 (28)
Net increase (decrease) in cash, equivalents, and restricted cash 45 (10)
Cash, equivalents, and restricted cash at beginning of the period 626 518
Cash, equivalents, and restricted cash at end of the period $ 671 $ 508