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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net Income $ 26 $ 42
Loss from discontinued operations, net of tax 0 6
Income from continuing operations 26 48
Adjustments required to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 163 133
Provision for receivables 13 13
Provision for inventory 4 5
Net gain on sales of businesses and assets (16) 0
Undistributed equity in net income of unconsolidated affiliates 68 (40)
Stock-based compensation 16 13
Restructuring and asset impairment charges 28 108
Payments for restructurings (54) (58)
Defined benefit pension cost 27 62
Contributions to defined benefit pension plans (38) (23)
Decrease (increase) in accounts receivable and billed portion of finance receivables 46 (77)
Increase in inventories (87) (58)
Increase in equipment on operating leases (56) (52)
Decrease in finance receivables 85 65
Increase in other current and long-term assets (42) (57)
Increase in accounts payable and accrued compensation 12 21
Increase (decrease) in other current and long-term liabilities 1 (1)
Net change in income tax assets and liabilities 13 (41)
Net change in derivative assets and liabilities (6) 55
Other operating, net 13 16
Net cash provided by operating activities of continuing operations 216 132
Net cash used in operating activities of discontinued operations 0 (80)
Net cash provided by operating activities 216 52
Cash Flows from Investing Activities:    
Cost of additions to land, buildings and equipment (9) (17)
Proceeds from sales of land, buildings and equipment 16 1
Cost of additions to internal use software (9) (9)
Acquisitions, net of cash acquired 0 (11)
Collections of deferred proceeds from sales of receivables 0 48
Collections on beneficial interest from sales of finance receivables 0 6
Other investing, net 0 (29)
Net cash used in investing activities (2) (11)
Cash Flows from Financing Activities:    
Net (payments) proceeds on short-term debt (1) 1
Proceeds from issuance of long-term debt 2 3
Payments on long-term debt (38) (1,328)
Common stock dividends (64) (81)
Preferred stock dividends (3) (6)
Repurchases related to stock-based compensation (1) (7)
Payments to noncontrolling interests (12) (1)
Other financing 0 161
Net cash used in financing activities (117) (1,258)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 9 9
Increase (decrease) in cash, cash equivalents and restricted cash 106 (1,208)
Cash, cash equivalents and restricted cash at beginning of period 1,368 2,402
Cash, Cash Equivalents and Restricted Cash at End of Period $ 1,474 $ 1,194