XML 32 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Supplemental Cash Flow Information
6 Months Ended
Jun. 30, 2022
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

15. Supplemental Cash Flow Information

Income taxes paid in cash were as follows:

Six months ended June 30,

    

2022

    

2021

 

U.S.

$

6

$

4

Non-U.S.

 

93

 

38

Total income taxes paid in cash

$

99

$

42

Interest paid, including note repurchase premiums, in cash for the six months ended June 30, 2022 and 2021 was $112 million and $97 million, respectively. Cash interest for the six months ended June 30, 2022 included $12 million of note repurchase premiums.

The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. At June 30, 2022, December 31, 2021 and June 30, 2021, the amount of receivables sold by the Company was $453 million, $481 million and $440 million, respectively. These amounts included $158 million, $180 million and $206 million at June 30, 2022, December 31, 2021, and June 30, 2021, respectively, for trade receivable amounts factored under supply chain financing programs linked to commercial arrangements with key customers. For the six months ended June 30, 2022, the Company’s use of its factoring programs resulted in a decrease in cash provided by operating activities of $28 million compared to an increase to cash provided by operating activities of $4 million for the same period in 2021. For the six months ended June 30, 2022 and 2021, the Company recorded expenses related to these factoring programs of approximately $3 million and $3 million, respectively, as interest expense.