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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash provided by operating activities    
Net (loss) income $ (243) $ 78
Non-cash charges to net (loss) income:    
Depreciation and amortization 52 54
Mechanical stores expense 14 13
Deferred income taxes (4)  
Assets held for sale impairment 360  
Other 7 13
Changes in working capital:    
Accounts receivable and prepaid expenses (56) (69)
Inventories (69) (33)
Accounts payable and accrued liabilities (5) 17
Margin accounts (16) (20)
Other (18) 12
Cash provided by operating activities 22 65
Cash used for investing activities    
Capital expenditures and mechanical stores purchases, net of proceeds on disposals (63) (98)
Short-term investments (1) 2
Cash used for investing activities (64) (96)
Cash (used for) provided by financing activities    
Proceeds from borrowings 46 405
Payments on debt (36) (303)
Repurchases of common stock, net (14)  
Issuances of common stock for share-based compensation, net of settlements 7 2
Dividends paid, including to non-controlling interests (43) (42)
Cash (used for) provided by financing activities (40) 62
Effects of foreign exchange rate changes on cash (7) (17)
(Decrease) increase in cash and cash equivalents (89) 14
Cash and cash equivalents, beginning of period 665 264
Cash and cash equivalents, end of period $ 576 $ 278