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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income $ 832 $ 24 $ 481
Adjustments for      
Depreciation and amortization 490 489 443
(Reversal of) Impairment of fixed assets (6) 90 (10)
Exchange rate, interest and derivative, net 99 88 109
Tax expenses 260 25 147
Change in provisions (4) 113 (21)
Other (21) 5 (1)
Adjustments for reconcile profit loss 818 810 667
Change in inventories (267) 54 (72)
Change in trade receivables (426) (89) 199
Change in trade payables 274 84 (58)
Change in other receivables 9 5 5
Change in other payables 107 54 4
Net change in operating assets and liabilities (303) 108 78
Interest paid, net 89 107 114
Income taxes paid, net of refund (193) (31) (120)
Net cash provided by operating activities 1,065 804 992
Cash flows from investing activities      
Proceeds (payments) from deposits, net 355 34 (2)
Business combinations (365) (27) 0
Purchases Of Property, Plant And Equipment And Intangible Assets (611) (626) (576)
Proceeds From Divestiture Of Businesses Net Of Transaction Expenses 31 26 0
Other 11 10 53
Net cash used in investing activities (579) (583) (525)
Cash flows from financing activities      
Dividends paid to the company's shareholders (276) (118) (273)
Receipt of long-term debt 1,230 1,175 657
Repayment of long-term debt (1,120) (1,133) (689)
Repayments of short-term debt, net (58) (52) (183)
Receipts (payments) from transactions in derivatives (17) 24 0
Other (3) (1) (2)
Net cash used in financing activities (244) (105) (490)
Net change in cash and cash equivalents 242 116 (23)
Cash and cash equivalents as of the beginning of the year 214 95 121
Net effect of currency translation on cash and cash equivalents 17 3 (3)
Cash and cash equivalents as of the end of the year $ 473 $ 214 $ 95