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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (37) $ (9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 75 85
Deferred income taxes 46 8
Stock based compensation expense 16 16
Other, net (5) (3)
Changes in operating accounts:    
Accounts receivable 3 221
Inventories (168) (178)
Accounts payable 147 38
Accrued liabilities and other, net (290) (146)
Net cash provided by (used in) operating activities (213) 32
Cash flows from investing activities:    
Capital expenditures (59) (59)
Proceeds from settlement of swaps 9 8
Other investing activities, net 23 1
Net cash used in investing activities (27) (50)
Cash flows from financing activities:    
Proceeds from (payments on) short-term debt, net 310 (131)
Proceeds from short-term debt with original maturities greater than 90 days 0 431
Payments on short-term debt with original maturities greater than 90 days 0 (200)
Cash dividends (31) (31)
Equity compensation activity and other, net (9) (9)
Net cash provided by financing activities 270 60
Exchange rate effect on cash, cash equivalents and restricted cash 3 (3)
Increase in cash, cash equivalents and restricted cash 33 39
Cash, cash equivalents and restricted cash at beginning of period 219 361
Cash, cash equivalents and restricted cash at end of period 252 400
Supplemental disclosures:    
Restricted cash at beginning of period 21 29
Restricted cash at end of period $ 19 $ 28