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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income (loss) $ 25 $ (97)
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 399 443
Impairment of long-lived assets 724 489
Net change in operating assets and liabilities (666) (805)
Deferred income taxes – net and uncertain tax positions (233) (33)
Stock-based compensation 30 34
Net loss (gain) from sale of long-lived assets and investments 24 (2)
Other items 2 83
Net cash provided by operating activities 305 112
Investing activities:    
Beneficial interest collected in exchange for securitized accounts receivables 368 362
Purchases of property, plant and equipment (128) (125)
Proceeds from sale of long lived assets 6 11
Other investing activities 6 24
Net cash provided by investing activities 252 272
Financing activities:    
Repayment of senior notes and loans and other long-term liabilities (700) (126)
Tax withholding payments made on shares and dividends 0 (52)
Other financing activities 0 (11)
Net cash used in financing activities (700) (189)
Translation adjustment on cash and cash equivalents (28) (4)
Net change in cash and cash equivalents (171) 191
Balance of cash and cash equivalents at beginning of period 1,975 1,782
Balance of cash and cash equivalents at end of period 1,804 1,973
Non-cash financing and investing activities:    
Beneficial interest obtained in exchange for securitized accounts receivables $ 375 $ 396