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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES:      
Net income (loss) $ 580 $ 534 $ 394
Depreciation and amortization 127 134 133
Display amortization 25 25 20
Deferred income taxes 10 130 212
Employee withholding taxes paid on stock-based compensation 33 40 36
(Gain) on disposition of investments, net (4) (4) (7)
Loss on disposition of businesses, net 13 0 0
Pension and other postretirement benefits (38) (78) (18)
Impairment of financial investments, net 2 0 0
Impairment of property and equipment, net 0 0 2
Stock-based compensation 38 29 41
Increase in receivables (127) (120) (104)
(Increase) decrease in inventories (76) (39) 17
Increase in accounts payable and accrued liabilities, net 53 71 82
Debt extinguishment costs 104 40 0
Other, net 11 27 2
Net cash from operating activities 751 789 810
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:      
Retirement of notes (535) (1,300) (500)
Purchase of Company common stock (331) (459) (456)
Cash dividends paid (129) (128) (126)
Dividends paid to noncontrolling interest (35) (31) (36)
Cash distributed to TopBuild Corp. 0 0 (63)
Issuance of TopBuild Corp. debt 0 0 200
Issuance of notes, net of issuance costs 593 889 497
Debt extinguishment costs (104) (40) 0
Increase in debt 2 3 4
Issuance of Company common stock 0 1 2
Employee withholding taxes paid on stock-based compensation 33 40 36
Payment of debt (5) (4) (4)
Credit Agreement and other financing costs 0 0 (3)
Net cash for financing activities (577) (1,109) (521)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:      
Capital expenditures (173) (180) (158)
Acquisition of businesses, net of cash acquired (89) 0 (41)
Proceeds from disposition of:      
Businesses, net of cash disposed 128 0 0
Short-term bank deposits 218 251 279
Property and equipment 24 0 18
Other financial investments 7 32 10
Purchases of short-term bank deposits (106) (211) (253)
Other, net (34) (16) (44)
Net cash for investing activities (25) (124) (189)
Effect of exchange rate changes on cash and cash investments 55 (34) (15)
CASH AND CASH INVESTMENTS:      
Increase (decrease) for the year 204 (478) 85
At January 1 990 1,468 1,383
At December 31 $ 1,194 $ 990 $ 1,468