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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 66 $ 56
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 12 9
Provision for inventory 3 4
Impairment and other charges 0 10
Stock-based compensation 7 4
Other, net 10 (5)
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Receivables (17) (88)
Inventories (43) (87)
Prepaid and other current assets (3) 0
Accounts payable, accrued liabilities and other, net 44 46
Net cash provided by (used in) operating activities 79 (51)
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (33) (21)
Purchases of property, plant and equipment (11) (6)
Other, net 1 2
Net cash provided by (used in) investing activities (43) (25)
Cash flows from financing activities:    
Repurchases of common stock (44) 0
Payments relating to finance leases and other, net (3) 0
Net cash provided by (used in) financing activities (47) 0
Effect of exchange rates on cash and cash equivalents 2 (5)
Net change in cash and cash equivalents (9) (81)
Cash and cash equivalents, beginning of period 212 313
Cash and cash equivalents, end of period $ 203 $ 232