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Consolidated Statements of Cash Flow
$ in Millions
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Operating activities      
Net loss $ (544) $ (522) $ (294)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 103 115 111
Gain on divestiture (77) 0 0
Assets impairment charge 168 0 0
Loss from equity method investments 39 70 63
Stock-based compensation expense 6 5 5
Contingent consideration write-down 0 0 (14)
Deferred income taxes 1 (6) 15
Other, net 15 (11) (29)
Change in operating assets and liabilities      
Receivables, gross (4) 43 58
Accounts payable 18 (56) 10
Related party receivable and payables, net 2 35 (46)
Income taxes 16 3 (40)
Inventories, gross 8 5 (22)
Accrued expenses 40 19 4
Prepaid expenses and contract assets 12 (15) (6)
Other current assets and liabilities, net 5 (10) 6
Net cash used in operating activities (192) (325) (179)
Investing activities      
Proceeds from divestitures 198 0 0
Net decrease in related party notes receivable 0 0 76
Proceeds from sale of property, plant and equipment 10 2 4
Capital expenditures (91) (213) (188)
Equity method investments 9    
Equity method investments   (58) (71)
Short-term investments 0 5 (5)
Acquisition of intangible assets (10) 0 (1)
Acquisition of businesses and interest in affiliates, net of cash acquired (33) 0 0
Net decrease (increase) other non-current assets 2 (1) 0
Net cash from (used in) investing activities 85 (265) (185)
Financing activities      
Issuance of common stock 0 403 0
Dividend paid to non-controlling interest (5) 0 0
(Repayment of)/proceeds from long-term debt (1) 210 0
(Repayment of)/proceeds from short-term debt (3) 22 0
Cash provided at separation by Former Parent 0 0 980
Net transfers from Former Parent 0 0 294
Net increase in related party short-term debt 0 1 1
(Decrease)/ increase in related party long-term debt 0 0 (49)
Net cash provided by financing activities (9) 636 1,226
Effect of exchange rate changes on cash and cash equivalents 15 (16) 2
(Decrease)/increase in cash and cash equivalents (101) 30 864
Cash and cash equivalents at beginning of year 859 864 0
Cash and equivalents at end of period, assets held for sale 0 (35) 0
Cash and cash equivalents at end of year 758 859 864
Supplemental Disclosures:      
Cash paid for income taxes 8 11 39
Cash paid for interest $ 8 $ 4 $ 0