XML 18 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 476 $ (897)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 244 267
Impairment of goodwill, intangibles and other assets 0 1,482
Deferred income taxes (17) (293)
Stock based compensation expense 37 28
Other, net 1 10
Changes in operating accounts:    
Accounts receivable (44) (19)
Inventories (488) (139)
Accounts payable 194 323
Accrued liabilities and other 87 58
Net cash provided by operating activities 490 820
Cash flows from investing activities:    
Capital expenditures (181) (158)
Proceeds from sale of divested businesses 0 15
Other investing activities, net 1 5
Net cash used in investing activities (180) (138)
Cash flows from financing activities:    
Net payments of short-term debt 0 (26)
Net proceeds from issuance of debt 0 492
Payments on current portion of long-term debt (447) (305)
Payments on long-term debt (6) (19)
Cash dividends (296) (294)
Acquisition of noncontrolling interests (26) 0
Equity compensation activity and other, net (25) (22)
Net cash used in financing activities (800) (174)
Exchange rate effect on cash, cash equivalents and restricted cash (14) (14)
Increase (decrease) in cash, cash equivalents and restricted cash (504) 494
Cash, cash equivalents and restricted cash at beginning of period 1,021 371
Cash, cash equivalents and restricted cash at end of period 517 865
Supplemental disclosures:    
Restricted cash at beginning of period 40 22
Restricted cash at end of period $ 23 $ 7