XML 78 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net loss $ (231) $ (148)
Depreciation and amortization 23 29
Gain on divestitures (77) 0
Assets impairment charge 144 0
Undistributed loss from equity method investments 18 17
Stock-based compensation 2 0
Deferred income taxes 0 3
Other, net (4) 7
Change in operating assets and liabilities:    
Receivables, gross 36 7
Accrued expenses 17 22
Related party receivables and payables, net 4 7
Accounts payable 9 (33)
Prepaid expenses 21 (6)
Inventories, gross 7 (3)
Income taxes 20 (2)
Other current assets and liabilities, net 2 10
Net cash used in operating activities (9) (90)
Investing activities    
Proceeds from divestiture of businesses 176 0
Capital expenditures (27) (59)
Equity method investment (16) 0
Short-term investments mature into cash 0 5
Net cash provided by (used in) investing activities 133 (54)
Financing activities    
Dividend paid to non-controlling interest (5) 0
(Payments for) proceeds from long-term debt   1
(Payments for) proceeds from long-term debt (1)  
Payments for short-term debt 1 0
Net increase in related party short-term debt 0 1
Net cash provided by (used in) financing activities (7) 2
Effect of exchange rate changes on cash and cash equivalents (6) (7)
Increase (decrease) in cash and cash equivalents 111 (149)
Cash and cash equivalents at beginning of period 859 864
Cash and cash equivalents at end of period $ 970 $ 715