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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net Income (Loss) $ 60 $ (687) $ 209
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:      
Depreciation and Amortization 1,049 1,001 964
Amortization and Write-Off of Debt Issuance Costs 14 15 15
Goodwill and Intangible Asset Impairment (Note 11) 125 230 0
Cash Payments for Transaction and Other Costs Related to the Cooper Tire Acquisition 0 0 (2)
Provision for Deferred Income Taxes (Note 6) (65) (230) 28
Net Pension Curtailments and Settlements (Note 17) (3) 40 124
Net Rationalization Charges (Note 3) 86 502 129
Rationalization Payments (198) (99) (95)
Net (Gains) Losses on Asset Sales (Note 5) (93) (104) (122)
Gain on Insurance Recoveries for Damaged Property, Plant and Equipment (75) 0 0
Operating Lease Expense (Note 14) 326 302 300
Operating Lease Payments (Note 14) (277) (278) (276)
Pension Contributions and Direct Payments (69) (54) (60)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:      
Accounts Receivable 127 (59) (333)
Inventories (122) 908 (1,042)
Accounts Payable — Trade (87) (550) 686
Compensation and Benefits 24 48 (107)
Other Current Liabilities (151) 158 (1)
Other Assets and Liabilities 27 (111) 104
Total Cash Flows from Operating Activities 698 1,032 521
Cash Flows from Investing Activities:      
Capital Expenditures (1,188) (1,050) (1,061)
Insurance Recoveries for Damaged Property, Plant and Equipment 62 0 0
Cash Proceeds from Sale and Leaseback Transactions (Note 5) 16 99 108
Asset Dispositions 115 16 52
Short Term Securities Acquired 0 (97) (75)
Short Term Securities Redeemed 2 94 107
Long Term Securities Acquired 0 (11) 0
Long Term Securities Redeemed 4 6 0
Notes Receivable (23) (79) (16)
Other Transactions 7 (13) (29)
Total Cash Flows from Investing Activities (1,005) (1,035) (914)
Cash Flows from Financing Activities:      
Short Term Debt and Overdrafts Incurred 1,326 954 1,321
Short Term Debt and Overdrafts Paid (1,095) (1,009) (1,295)
Long Term Debt Incurred 14,420 9,932 10,503
Long Term Debt Paid (14,387) (10,220) (9,947)
Common Stock Issued (3) (2) (6)
Transactions with Minority Interests in Subsidiaries (8) (3) (9)
Debt Related Costs and Other Transactions (28) 15 8
Total Cash Flows from Financing Activities 225 (333) 575
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (39) 10 (35)
Net Change in Cash, Cash Equivalents and Restricted Cash (121) (326) 147
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 985 1,311 1,164
Cash, Cash Equivalents and Restricted Cash at End of the Period $ 864 $ 985 $ 1,311