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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net Income (Loss) $ (1,250) $ (297) $ 708
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:      
Depreciation and Amortization 859 795 778
Amortization and Write-Off of Debt Issuance Costs 11 15 15
Goodwill and Other Asset Impairments 330 0 0
Provision for Deferred Income Taxes 23 323 131
Net Pension Curtailments and Settlements (Note 17) 18 6 22
Rationalizations 159 205 44
Rationalization Payments (186) (59) (174)
Net (Gains) Losses on Asset Sales (Note 5) 2 (16) (1)
Gain on TireHub transaction, net of transaction costs (Note 5) 0 0 (272)
Operating Lease Expense 286 292 0
Operating Lease Payments (268) (267) 0
Pension Contributions and Direct Payments (56) (79) (74)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:      
Accounts Receivable 132 71 (172)
Inventories 713 6 (171)
Accounts Payable — Trade 26 5 223
Compensation and Benefits 95 184 (26)
Other Current Liabilities 26 (50) (181)
Other Assets and Liabilities 195 73 66
Total Cash Flows from Operating Activities 1,115 1,207 916
Cash Flows from Investing Activities:      
Capital Expenditures (647) (770) (811)
Asset Dispositions 0 12 2
Short Term Securities Acquired (96) (113) (68)
Short Term Securities Redeemed 96 106 68
Notes Receivable (13) (7) (55)
Other Transactions (7) (28) (3)
Total Cash Flows from Investing Activities (667) (800) (867)
Cash Flows from Financing Activities:      
Short Term Debt and Overdrafts Incurred 1,651 1,880 1,944
Short Term Debt and Overdrafts Paid (1,593) (1,933) (1,795)
Long Term Debt Incurred 6,251 5,942 6,455
Long Term Debt Paid (6,059) (6,008) (6,469)
Common Stock Issued 0 1 4
Common Stock Repurchased (Note 20) 0 0 (220)
Common Stock Dividends Paid (Note 20) (37) (148) (138)
Transactions with Minority Interests in Subsidiaries (10) (26) (31)
Debt Related Costs and Other Transactions 0 (15) 7
Total Cash Flows from Financing Activities 203 (307) (243)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (1) 1 (43)
Net Change in Cash, Cash Equivalents and Restricted Cash 650 101 (237)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 974 873 1,110
Cash, Cash Equivalents and Restricted Cash at End of the Period $ 1,624 $ 974 $ 873