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CONDENSED CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net earnings (loss) $ (413) $ 285
Loss from discontinued operations 1 1
Non-cash charges    
Depreciation and amortization 380 384
Pension expense 24 25
Restructuring, asset impairment and related charges 56 70
Pension settlement charges 13  
Goodwill impairment charge 595  
Cash payments    
Pension contributions (29) (26)
Asbestos-related payments (135) (40)
Cash paid for restructuring activities (41) (21)
Change in components of working capital (661) (545)
Other, net (a) (36) (34)
Cash provided by (utilized in) continuing operating activities (246) 99
Cash utilized in discontinued operating activities (1) (1)
Total cash provided by (utilized in) operating activities (247) 98
Cash flows from investing activities:    
Cash payments for property, plant and equipment (333) (383)
Acquisitions, net of cash acquired (157)  
Contributions and advances to joint ventures (22) (48)
Net cash proceeds on disposal of assets 2 10
Other, net 5  
Cash utilized in investing activities (505) (421)
Cash flows from financing activities:    
Changes in borrowings, net 593 413
Issuance of common stock and other (3) 1
Treasury shares repurchased (38) (107)
Payment of finance fees and note repurchase premiums (31) (13)
Distributions to noncontrolling interests (7) (9)
Dividends paid (24)  
Net cash proceeds for hedging activity 28  
Cash provided by financing activities 518 285
Effect of exchange rate fluctuations on cash (5) (14)
Decrease in cash (239) (52)
Cash at beginning of period 512 492
Cash at end of period $ 273 $ 440