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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net loss $ (290) $ (103)
Depreciation and amortization 60 55
Undistributed loss from equity method investments 35 30
Stock-based compensation 3 2
Contingent consideration write-down 0 (14)
Deferred income taxes (4) 0
Other, net 5 (29)
Change in operating assets and liabilities:    
Accounts payable (65) (62)
Related party receivables and payables, net 44 (31)
Income taxes 0 (29)
Accrued expenses 15 25
Other current assets and liabilities, net (15) (20)
Receivables, gross 49 14
Inventories, gross 9 (6)
Prepaid expenses (6) 4
Net cash used in operating activities (160) (164)
Investing activities    
Net decrease in related party notes receivable 0 76
Capital expenditures (109) (71)
Equity method investment (11) (71)
Short-term investments mature into cash 5 0
Long term investments (4) 0
Proceeds from sale of property, plant and equipment 0 4
Net cash used in investing activities (119) (62)
Financing activities    
Cash provided at separation by Former Parent 0 980
Proceeds from short-term debt 20 0
Net transfers from Former Parent 0 275
Proceeds from related party short-term debt 2 0
Issuance of common stock 405 0
Proceeds from long-term debt 202 0
Decrease in related party long-term debt 0 (49)
Net cash provided by financing activities 629 1,206
Effect of exchange rate changes on cash and cash equivalents (10) 0
Increase in cash and cash equivalents 340 980
Cash and cash equivalents at beginning of period 864 0
Cash and cash equivalents at end of period $ 1,204 $ 980