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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income $ 687 $ 2,219 $ 832
Adjustments for:      
Depreciation and amortization 536 498 490
Reversal of fixed assets impairment 0 0 (6)
Exchange rate, interest and derivative, net 24 157 99
Tax expenses 287 1,185 260
Change in provisions (32) (83) (4)
Other 29 (15) (21)
Adjustments for reconcile profit loss 844 1,742 818
Change in inventories 465 (527) (267)
Change in trade receivables 252 (215) (426)
Change in trade payables (101) (42) 274
Change in other receivables 26 (46) 9
Change in other payables (210) 107 107
Net change in operating assets and liabilities 432 (723) (303)
Interest paid, net (115) (106) (89)
Income taxes paid, net of refund (253) (1,107) (193)
Net cash provided by operating activities 1,595 2,025 1,065
Cash flows from investing activities      
Proceeds (payments) from deposits, net (88) (36) 355
Purchases of property, plant and equipment and intangible assets (780) (747) (611)
Proceeds from divestiture of assets and businesses, net of transaction expenses 4 33 39
Business combinations 0 (18) (365)
Other 1 14 3
Net cash used in investing activities (863) (754) (579)
Cash flows from financing activities      
Dividends paid to the Company's shareholders (474) (1,166) (276)
Receipt of long-term debt 633 [1] 1,045 [1] 1,230
Repayments of long-term debt (836) (1,181) (1,120)
Repayments of short-term debt (25) (21) (58)
Receipts (payments) from transactions in derivatives 5 20 (17)
Dividend paid to the non-controlling interests (15) 0 (3)
Net cash used in financing activities (712) (1,303) (244)
Net change in cash and cash equivalents 20 (32) 242
Cash and cash equivalents as of the beginning of the year 417 473 214
Net effect of currency translation on cash and cash equivalents (17) (24) 17
Cash and cash equivalents as of the end of the year $ 420 $ 417 $ 473
[1] The balance includes Short-term debt, loans and debentures, derivatives on loans and debentures, and interest payables.