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CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net earnings $ 26 $ 61
Non-cash charges (credits)    
Depreciation and amortization 361 377
Deferred tax benefit (36) (13)
Pension expense 23 24
Stock-based compensation expense 12 9
Restructuring, asset impairment and related charges 255 83
Legacy environmental charge 4 11
Gain on sale of miscellaneous assets (7) (1)
Pension contributions (25) (13)
Cash paid for restructuring activities (109) (24)
Legacy environmental settlement paid (17)  
Change in components of working capital (238) (359)
Other, net (a) (51) 16
Cash provided by operating activities 198 171
Cash flows from investing activities:    
Cash payments for property, plant and equipment (339) (509)
Contributions and advances to joint ventures   (1)
Net cash proceeds on sale of misc. assets 26 19
Net cash payments from hedging activities 4 (15)
Cash utilized in investing activities (309) (506)
Cash flows from financing activities:    
Additions to long-term debt 2,302 1,096
Repayments of long-term debt (2,333) (923)
Increase in short-term loans 10 77
Payment of finance fees (12) (13)
Shares repurchased (30) (30)
Net cash payments for hedging activity (23)  
Distributions to non-controlling interests (10) (9)
Other, net (b) (7) (14)
Cash provided by (utilized in) financing activities (103) 184
Effect of exchange rate fluctuations on cash 36 (7)
Change in cash (178) (158)
Cash at beginning of period 734 913
Cash at end of period $ 556 $ 755