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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income (loss) $ 220 $ (419)
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 244 272
Impairment of long-lived assets and assets held for sale 77 679
Net change in operating assets and liabilities (700) (497)
Deferred income taxes – net and uncertain tax positions 28 (189)
Stock-based compensation 34 28
Other items (8) 2
Net cash provided by (used in) operating activities (105) (124)
Investing activities:    
Beneficial interest collected in exchange for securitized trade receivables 322 295
Purchases of property, plant and equipment and intangible assets (127) (124)
Proceeds from sale of business and long-lived assets, net 17 0
Acquisition of businesses, net of cash acquired 0 (15)
Purchases of investments and other assets (11) (12)
Net cash provided by (used in) investing activities 201 144
Financing activities:    
Repayment of senior notes and loans and other long term liabilities (1,368) 0
Purchase of shares from redeemable and non-redeemable non-controlling interests (38) (64)
Dividends paid to redeemable and non-redeemable non-controlling interests (340) (78)
Other financing activities 3 (9)
Net cash provided by (used in) financing activities (1,744) (151)
Translation adjustment on cash and cash equivalents 45 (104)
Net change in cash, cash equivalents and restricted cash (1,603) (236)
Balance of cash, cash equivalents at beginning of period 3,300 3,227
Balance of cash, cash equivalents at end of period 1,697 2,991
Non-cash financing and investing activities:    
Beneficial interest obtained in exchange for securitized accounts receivables $ 311 $ 312