XML 22 R7.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income $ 162 $ 107
Adjustments    
Depreciation and amortization 244 227
Impairment of assets 0 13
Pension and other long-term benefits 7 6
Finance costs - net 83 83
Income tax expense 82 46
Unrealized (gains) on derivatives - net and from remeasurement of monetary assets and liabilities - net (38) (20)
Losses on disposal 1 3
Other - net 36 32
Changes in working capital    
Inventories (109) (60)
Trade receivables (280) (158)
Trade payables 221 124
Other 7 (15)
Change in provisions (1) 3
Pension and other long-term benefits paid (44) (42)
Interest paid (83) (72)
Income tax paid (17) (37)
Net cash flows from operating activities 271 240
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Purchases of property, plant and equipment (221) (262)
Property, plant and equipment inflows 18 7
Collection of deferred purchase price receivable 2 63
Acquisition of subsidiaries net of cash acquired 0 3
Other investing activities 1 1
Net cash flows used in investing activities (200) (188)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Repurchase of ordinary shares (75) (60)
Proceeds from issuance of long-term debt 0 674
Repayments of long-term debt (5) (690)
Net change in revolving credit facilities and short-term debt 17 1
Finance lease repayments (5) (6)
Payment of financing costs and redemption fees 0 (14)
Transactions with non-controlling interests (7) (4)
Other financing activities (28) (7)
Net cash flows used in financing activities (103) (106)
Net decrease in cash and cash equivalents (32) (54)
Cash and cash equivalents - beginning of period 141 223
Net decrease in cash and cash equivalents (32) (54)
Effect of exchange rate changes on cash and cash equivalents 13 1
Cash and cash equivalents - end of period $ 122 $ 170