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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
2 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2021
Apr. 30, 2021
Jun. 30, 2022
Adjustments to reconcile net income to net cash provided from (used by) operating activities:      
Bad debt expense     $ 14
Cash flows provided from (used by) investing activities:      
Capital expenditures     (1,088)
Successor [Member]      
Cash flows provided from (used by) operating activities:      
Net Income $ 99   166
Adjustments to reconcile net income to net cash provided from (used by) operating activities:      
Depreciation and amortization 179   574
Stock-based compensation expense     35
Lease Impairment     44
Bad debt expense 6   14
Other adjustments (5)   (13)
Deferred income taxes 37   93
Change in accounts receivable 6   24
Change in pension and other post retirement liabilities 12   (242)
Change in accounts payable and other liabilities 39   77
Change in prepaid expenses, income taxes, and other assets 7   (15)
Net cash provided from (used by) operating activities 380   757
Cash flows provided from (used by) investing activities:      
Capital expenditures (269)   (1,088)
Proceeds on sale of assets     1
Purchase of short-term investments     (2,600)
Sale of short-term investments     300
Other     2
Net cash used by investing activities (269)   (3,385)
Cash flows provided from (used by) financing activities:      
Long-term debt principal payments (4)   (7)
Proceeds from long-term debt borrowings     1,200
Financing costs paid     (17)
Finance lease obligation payments (4)   (10)
Taxes paid on behalf of employees for shares withheld     (7)
Other 1   (1)
Net cash provided from (used by) financing activities (7)   1,158
Increase (decrease) in cash, cash equivalents, and restricted cash 104   (1,470)
Cash, cash equivalents, and restricted cash at January 1, 940   2,178
Cash, cash equivalents, and restricted cash at June 30, 1,044 $ 940 708
Cash paid during the period for:      
Interest 84   198
Income tax payments, net 24   $ 9
Predecessor [Member]      
Cash flows provided from (used by) operating activities:      
Net Income   4,541  
Adjustments to reconcile net income to net cash provided from (used by) operating activities:      
Depreciation and amortization   506  
Stock-based compensation expense   (1)  
Non-cash reorganization items, net   (5,467)  
Bad debt expense   14  
Other adjustments   1  
Deferred income taxes   (148)  
Change in accounts receivable   36  
Change in pension and other post retirement liabilities   (12)  
Change in accounts payable and other liabilities   (156)  
Change in prepaid expenses, income taxes, and other assets   46  
Net cash provided from (used by) operating activities   (654)  
Cash flows provided from (used by) investing activities:      
Capital expenditures   (500)  
Proceeds on sale of assets   9  
Other   1  
Net cash used by investing activities   (490)  
Cash flows provided from (used by) financing activities:      
Long-term debt principal payments   (1)  
Proceeds from long-term debt borrowings   225  
Financing costs paid   (4)  
Finance lease obligation payments   (7)  
Other   (16)  
Net cash provided from (used by) financing activities   197  
Increase (decrease) in cash, cash equivalents, and restricted cash   (947)  
Cash, cash equivalents, and restricted cash at January 1, $ 940 1,887  
Cash, cash equivalents, and restricted cash at June 30,   940  
Cash paid during the period for:      
Interest   84  
Income tax payments, net   9  
Reorganization items, net   $ 1,397