XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED INTERIM STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash flows from/(used in) operating activities        
Cash generated from/(used in) operations $ 302 $ 91 $ 74 $ (103)
Net interest paid [1] (74) (48) (82) (51)
Settlement of foreign currency derivative financial instruments [1] 1 20 (11) 30
Income tax paid (6) (8) (15) (15)
Cash flows from/(used in) operating activities 223 55 (34) (139)
Cash flows used in investing activities        
Purchase of property, plant and equipment and intangible assets (96) (169) (222) (286)
Net cash used in investing activities (96) (169) (222) (286)
Cash flows (used in)/received from financing activities        
Proceeds from borrowings 34 600 70 700
Repayment of borrowings (10) (105) (12) (109)
Deferred debt issue costs paid (1) (4) (2) (6)
Lease payments (22) (13) (38) (26)
Dividends paid (65) (121) (131) (121)
Treasury shares purchased   (3)   (3)
Other financing activities   (1)   (1)
Net cash (used in)/received from financing activities (64) 353 (113) 434
Net increase/(decrease) in cash, cash equivalents and restricted cash 63 239 (369) 9
Cash, cash equivalents and restricted cash at beginning of period 124 225 555 463
Foreign exchange losses on cash, cash equivalents and restricted cash (5) (28) (4) (36)
Cash, cash equivalents and restricted cash at end of period $ 182 $ 436 $ 182 $ 436
[1] Prior year amounts which had been included in Interest paid previously have been reclassified to conform to the current year presentation.