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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 572 $ (770) $ 107
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 325 357 446
Impairment of goodwill, intangibles and other assets 60 1,503 1,335
Deferred income taxes (41) (261) (1,068)
Stock based compensation expense 52 41 42
Pension settlement charge 0 53 1
Loss on extinguishment of debt 5 20 28
Other, net (6) 10 18
Changes in operating accounts excluding the effects of divestitures:      
Accounts receivable 130 168 311
Inventories (396) (29) 131
Accounts payable 177 415 (109)
Accrued liabilities and other 6 (75) (198)
Net cash provided by operating activities 884 1,432 1,044
Cash flows from investing activities:      
Capital expenditures (289) (259) (265)
Proceeds from sale of divested businesses 0 16 996
Other investing activities 21 15 5
Net cash provided by (used in) investing activities (268) (228) 736
Cash flows from financing activities:      
Net payments of short-term debt 0 (26) (26)
Net proceeds from issuance of debt 0 491 0
Payments on current portion of long-term debt (698) (305) (268)
Payments on long-term debt (6) (320) (1,004)
Debt extinguishment costs (5) (18) (39)
Cash dividends (394) (392) (391)
Payments to dissenting shareholders 0 0 (171)
Acquisition of noncontrolling interests (28) 0 0
Equity compensation activity and other, net (12) 11 (5)
Net cash used in financing activities (1,143) (559) (1,904)
Exchange rate effect on cash, cash equivalents and restricted cash (17) 5 (1)
Increase (decrease) in cash, cash equivalents and restricted cash (544) 650 (125)
Cash, cash equivalents and restricted cash at beginning of period 1,021 371 496
Cash, cash equivalents and restricted cash at end of period 477 1,021 371
Supplemental disclosures:      
Restricted cash at beginning of period 40 22 0
Restricted cash at end of period 37 40 22
Cash paid for income taxes, net of refunds 165 106 156
Cash paid for interest 271 281 304
Net cash used in discontinued operating activities 0 0 (46)
Net cash provided by discontinued investing activities 0 0 978
Capital expenditures for discontinued operations $ 0 $ 0 $ 17