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Statement of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash from Operations      
Net (loss) income $ (14) $ (853) $ 893
Adjustments to reconcile net (loss) income to cash from operations:      
Depreciation, depletion, and amortization 653 713 733
Deferred income taxes (Q) (26) 15 (30)
Equity earnings, net of dividends (H) 20 21 17
Restructuring and other charges, net (D) 104 1,031 527
Net gain from investing activities—asset sales (U) (173) (3)  
Net periodic pension benefit cost (O) 138 119 146
Stock-based compensation (N) 25 30 35
Provision for bad debt expense 2 21  
Other 32 30 (59)
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments:      
Decrease (increase) in receivables 16 283 (43)
Decrease (increase) in inventories (J) 122 137 (306)
Decrease (increase) in prepaid expenses and other current assets 17 27 (32)
Increase (decrease) in accounts payable, trade 25 (153) (165)
(Decrease) in accrued expenses (153) (175) (319)
Increase (decrease) in taxes, including income taxes 119 (330) 241
Pension contributions (O) (343) (173) (992)
(Increase) in noncurrent assets (82) (24) (101)
(Decrease) in noncurrent liabilities (88) (30) (97)
Cash provided from operations 394 686 448
Financing Activities      
Additions to debt (original maturities greater than three months) (M) 739   560
Payments on debt (original maturities greater than three months) (M) (1) (7) (135)
Proceeds from the exercise of employee stock options (N) 1 2 23
Repurchase of common stock (N)     (50)
Financial contributions for the divestiture of businesses (C) (38) (12)  
Contributions from noncontrolling interest (A) 24 51 149
Distributions to noncontrolling interest (207) (472) (827)
Other (4) (6) (8)
Cash provided from (used for) financing activities 514 (444) (288)
Investing Activities      
Capital expenditures (353) (379) (399)
Proceeds from the sale of assets and businesses (C) 198 23 1
Additions to investments (H) (12) (112) (7)
Cash used for investing activities (167) (468) (405)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (14) (7) (4)
Net change in cash and cash equivalents and restricted cash 727 (233) (249)
Cash and cash equivalents and restricted cash at beginning of year 883 1,116 1,365
Cash and cash equivalents and restricted cash at end of year $ 1,610 $ 883 $ 1,116