XML 77 R66.htm IDEA: XBRL DOCUMENT v3.19.2
Guarantor Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flows (used in) provided by operating activities $ 214 $ 181
Cash flows from investing activities    
Additions to property, plant and equipment (73) (51)
Acquisitions, net of cash acquired (50) (71)
Other investing activities, net (1) 5
Return of advance from subsidiary   0
Total cash used in investing activities (124) (117)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 743 170
Repayments on borrowings (727) (39)
Repurchases of common stock 0 (220)
Payments for purchase of additional ownership in subsidiary (1) (15)
Cash dividends paid (60) (45)
Other financing activities (4) (6)
Other intercompany activity, net   0
Total cash used in financing activities (49) (155)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0 (3)
Increase (decrease) in cash, cash equivalents, and restricted cash 41 (94)
Cash, cash equivalents, and restricted cash - beginning of period 96 201
Cash, cash equivalents, and restricted cash - end of period 137 107
Reportable Legal Entities | Valvoline Inc. (Parent Issuer)    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flows (used in) provided by operating activities (94) (28)
Cash flows from investing activities    
Additions to property, plant and equipment 0 0
Acquisitions, net of cash acquired 0 0
Other investing activities, net 0 0
Return of advance from subsidiary   263
Total cash used in investing activities 0 263
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 661 70
Repayments on borrowings (505) (38)
Repurchases of common stock   (220)
Payments for purchase of additional ownership in subsidiary 0 0
Cash dividends paid (60) (45)
Other financing activities (2) (2)
Other intercompany activity, net   0
Total cash used in financing activities 94 (235)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0 0
Increase (decrease) in cash, cash equivalents, and restricted cash 0 0
Cash, cash equivalents, and restricted cash - beginning of period 0 0
Cash, cash equivalents, and restricted cash - end of period 0 0
Reportable Legal Entities | Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flows (used in) provided by operating activities 98 287
Cash flows from investing activities    
Additions to property, plant and equipment (60) (48)
Acquisitions, net of cash acquired (28) (71)
Other investing activities, net 1 5
Return of advance from subsidiary   0
Total cash used in investing activities (87) (114)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 0 0
Repayments on borrowings 0 0
Repurchases of common stock   0
Payments for purchase of additional ownership in subsidiary 0 0
Cash dividends paid 0 0
Other financing activities (2) (2)
Other intercompany activity, net   (263)
Total cash used in financing activities (2) (265)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0 0
Increase (decrease) in cash, cash equivalents, and restricted cash 9 (92)
Cash, cash equivalents, and restricted cash - beginning of period 20 99
Cash, cash equivalents, and restricted cash - end of period 29 7
Reportable Legal Entities | Non-Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flows (used in) provided by operating activities 210 (78)
Cash flows from investing activities    
Additions to property, plant and equipment (13) (3)
Acquisitions, net of cash acquired (22) 0
Other investing activities, net (2) 0
Return of advance from subsidiary   0
Total cash used in investing activities (37) (3)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 82 100
Repayments on borrowings (222) (1)
Repurchases of common stock   0
Payments for purchase of additional ownership in subsidiary (1) (15)
Cash dividends paid 0 0
Other financing activities 0 (2)
Other intercompany activity, net   0
Total cash used in financing activities (141) 82
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0 (3)
Increase (decrease) in cash, cash equivalents, and restricted cash 32 (2)
Cash, cash equivalents, and restricted cash - beginning of period 76 102
Cash, cash equivalents, and restricted cash - end of period 108 100
Eliminations    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flows (used in) provided by operating activities 0 0
Cash flows from investing activities    
Additions to property, plant and equipment 0 0
Acquisitions, net of cash acquired 0 0
Other investing activities, net 0 0
Return of advance from subsidiary   (263)
Total cash used in investing activities 0 (263)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 0 0
Repayments on borrowings 0 0
Repurchases of common stock   0
Payments for purchase of additional ownership in subsidiary 0 0
Cash dividends paid 0 0
Other financing activities 0 0
Other intercompany activity, net   263
Total cash used in financing activities 0 263
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0 0
Increase (decrease) in cash, cash equivalents, and restricted cash 0 0
Cash, cash equivalents, and restricted cash - beginning of period 0 0
Cash, cash equivalents, and restricted cash - end of period $ 0 $ 0