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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash provided by operating activities    
Net income $ 311 $ 357
Non-cash charges to net income:    
Depreciation and amortization 158 188
Mechanical stores expense 42 43
Deferred income taxes 2 (20)
Other 21 33
Changes in working capital:    
Accounts receivable and prepaid expenses (56) 14
Inventories (71) (73)
Accounts payable and accrued liabilities 76 (1)
Margin accounts (4) 6
Other 11 32
Cash provided by operating activities 490 579
Cash used for investing activities    
Capital expenditures and mechanical stores purchases (231) (234)
Payments for acquisitions, net of cash acquired of $ 4 and $ - , respectively (42)  
Investment in a non-consolidated affiliate (10)  
Short-term investments 4 2
Other 1 2
Cash used for investing activities (278) (230)
Cash used for financing activities    
Proceeds from borrowings 839 272
Payments on debt (858) (453)
Repurchases of common stock, net 63 (177)
Issuances of common stock for share-based compensation, net of settlements 1 (2)
Dividends paid, including to non-controlling interests (131) (137)
Cash used for financing activities (86) (497)
Effects of foreign exchange rate changes on cash (10) (16)
Increase (decrease) in cash and cash equivalents 116 (164)
Cash and cash equivalents, beginning of period 327 595
Cash and cash equivalents, end of period $ 443 $ 431