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CONSOLIDATED STATEMENT OF CASH FLOWS - EUR (€)
€ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of cash flows [abstract]      
Net (loss) / income € (17) € 64 € 190
Adjustments      
Depreciation and amortization 259 256 197
Impairment of assets 43 0 0
Pension and other post-employment benefits service costs 34 27 (10)
Finance costs - net 159 175 149
Income tax (benefit) / expense (17) 18 32
Share of (income) / loss of joint-ventures 0 (2) 33
Unrealized (gains) / losses on derivatives - net and from remeasurement of monetary assets and liabilities - net (18) (33) 86
Losses / (gains) on disposal 4 3 (186)
Other - net 19 16 14
Change in working capital      
Inventories 63 57 (9)
Trade receivables 36 104 (145)
Trade payables (38) (31) (27)
Other (10) 9 (58)
Change in provisions 1 (2) (2)
Pension and other post-employment benefits paid (53) (50) (46)
Interest paid (140) (158) (129)
Income tax refunded / (paid) 9 (6) (23)
Net cash flows from operating activities 334 447 66
Purchases of property, plant and equipment (182) (271) (277)
Property, plant and equipment grants received 5 0 0
Acquisition of subsidiaries net of cash acquired 0 (83) 0
Proceeds from disposals, net of cash 1 2 200
Equity contributions and loans to joint ventures 0 0 (24)
Other investing activities 0 (1) 10
Net cash flows used in investing activities (176) (353) (91)
Proceeds from issuance of Senior Notes 290 0 0
Repayment of Senior Notes (200) (100) 0
(Repayments) / proceeds from U.S. revolving credit facilities (129) 105 (67)
Proceeds from other borrowings 202 8 0
Repayments from other borrowings (10) (4) (1)
Lease repayments (35) (86) (15)
Payment of financing costs (9) 0 0
Transactions with non-controlling interests 0 (4) 0
Other financing activities (8) 5 1
Net cash flows from / (used in) financing activities 101 (76) (82)
Net increase / (decrease) in cash and cash equivalents 259 18 (107)
Cash and cash equivalents - beginning of year 184 164 269
Effect of exchange rate changes on cash and cash equivalents (4) 2 2
Cash and cash equivalents - end of year € 439 € 184 € 164