XML 14 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 59 $ 101
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 24 19
Provision for inventory 5 5
Impairment and other charges 5 0
Stock-based compensation 9 11
Deferred income taxes 20 0
Other, net 12 14
Change in operating assets and liabilities, net of effects of acquisitions:    
Receivables 28 2
Inventories 66 (35)
Prepaid and other current assets (7) (1)
Accounts payable, accrued liabilities and other, net (45) (33)
Net cash provided by (used in) operating activities 176 83
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (185) (33)
Purchases of property, plant and equipment (6) (15)
Other, net 1 1
Net cash provided by (used in) investing activities (190) (47)
Cash flows from financing activities:    
Repurchases of common stock (18) (49)
Other, net (7) (5)
Net cash provided by (used in) financing activities (25) (54)
Effect of exchange rates on cash and cash equivalents 1 0
Net change in cash and cash equivalents (38) (18)
Cash and cash equivalents, beginning of period 299 212
Cash and cash equivalents, end of period $ 261 $ 194