XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash used for operating activities    
Net (loss) income $ (418) $ 611
Depreciation and Amortization 485 452
Provision for Deferred Income Tax (473) (87)
Net Periodic Pension Benefit (146) (162)
Pension Contributions (92) (123)
Net gain on sales of property, businesses, consolidated companies, and investments (67) (36)
Restructuring and Asset Related Charges - Net 121 231
Amortization of inventory step-up 257 1,385
Goodwill impairment charge 1,102  
Loss on early extinguishment of debt 13 0
Other net loss 172 236
Changes in operating assets and liabilities - net (2,758) (5,141)
Cash used for operating activities (1,088) (1,590)
Cash (used for) provided by investing activities    
Capital expenditures (834) (668)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 125 85
Payments to Acquire Businesses, Net of Cash Acquired (9) 0
Proceeds from sales of ownership interests in nonconsolidated affiliates 21 0
Purchases of investments (13) (991)
Proceeds from Sale and Maturities of Investments 37 1,576
Other investing activities - net (1) 0
Cash (used for) provided by investing activities (674) 2
Cash used for financing activities    
Change in short-term (less than 90 days) borrowings 173 455
Proceeds from Issuance of Long-term Debt 1,001 254
Payments of Long-term Debt (6,803) (274)
Proceeds from Stock Options Exercised 39 57
Distributions to Dow and DowDuPont (317) (1,658)
Cash transferred to DowDuPont at Internal Reorganizations (2,053) 0
Contributions from Dow and DowDuPont 7,396 23
Debt extinguishment costs (79) 0
Other financing activities (42) (69)
Cash used for financing activities (685) (1,212)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (64) (103)
Decrease in Cash, Cash Equivalents, Restricted Cash (2,511) (2,903)
Cash, Cash Equivalents, and Restricted Cash, beginning of period 5,024 7,914
Cash, Cash Equivalents, and Restricted Cash, end of period [1] 2,513 5,011
EID [Member]    
Cash used for operating activities    
Net (loss) income (441) 611
Depreciation and Amortization 485 452
Provision for Deferred Income Tax (473) (87)
Net Periodic Pension Benefit (146) (162)
Pension Contributions (92) (123)
Net gain on sales of property, businesses, consolidated companies, and investments (67) (36)
Restructuring and Asset Related Charges - Net 121 231
Amortization of inventory step-up 257 1,385
Goodwill impairment charge 1,102 0
Loss on early extinguishment of debt 13 0
Other net loss 172 236
Changes in operating assets and liabilities - net (2,754) (5,141)
Cash used for operating activities (1,107) (1,590)
Cash (used for) provided by investing activities    
Capital expenditures (834) (668)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 125 85
Payments to Acquire Businesses, Net of Cash Acquired (9) 0
Proceeds from sales of ownership interests in nonconsolidated affiliates 21 0
Purchases of investments (13) (991)
Proceeds from Sale and Maturities of Investments 37 1,576
Other investing activities - net (1) 0
Cash (used for) provided by investing activities (674) 2
Cash used for financing activities    
Change in short-term (less than 90 days) borrowings 173 455
Proceeds from Related Party Debt 4,160 0
Proceeds from Issuance of Long-term Debt 1,001 254
Payments of Long-term Debt (6,803) (274)
Proceeds from Stock Options Exercised 39 57
Distributions to Dow and DowDuPont (317) (1,658)
Cash transferred to DowDuPont at Internal Reorganizations (2,053) 0
Contributions from Dow and DowDuPont 3,255 23
Debt extinguishment costs (79) 0
Other financing activities (42) (69)
Cash used for financing activities (666) (1,212)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (64) (103)
Decrease in Cash, Cash Equivalents, Restricted Cash (2,511) (2,903)
Cash, Cash Equivalents, and Restricted Cash, beginning of period 5,024 7,914
Cash, Cash Equivalents, and Restricted Cash, end of period 2,513 5,011
Total company [Member]    
Cash used for operating activities    
Depreciation and Amortization 1,084 1,410
Restructuring and Asset Related Charges - Net 238 317
Total company [Member] | EID [Member]    
Cash used for operating activities    
Depreciation and Amortization 1,084 1,410
Restructuring and Asset Related Charges - Net $ 238 $ 317
[1] See page 26 for reconciliation of cash and cash equivalents and restricted cash presented in interim Condensed Consolidated Balance Sheets to total cash, cash equivalents and restricted cash presented in the interim Condensed Consolidated Statements of Cash Flows.