Supplemental Guarantor Financial Information (Tables)
|
9 Months Ended |
Nov. 03, 2018 |
Condensed Consolidating Balance Sheet [Abstract] |
|
Condensed Balance Sheet [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | October 28, 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | ASSETS | | | | | | | | | | Current Assets: | | | | | | | | | | Cash and Cash Equivalents | $ | — |
| | $ | 377 |
| | $ | 358 |
| | $ | — |
| | $ | 735 |
| Accounts Receivable, Net | 1 |
| | 181 |
| | 103 |
| | — |
| | 285 |
| Inventories | — |
| | 1,519 |
| | 196 |
| | — |
| | 1,715 |
| Other | (1 | ) | | 74 |
| | 122 |
| | — |
| | 195 |
| Total Current Assets | — |
| | 2,151 |
| | 779 |
| | — |
| | 2,930 |
| Property and Equipment, Net | — |
| | 2,056 |
| | 864 |
| | — |
| | 2,920 |
| Goodwill | — |
| | 1,318 |
| | 30 |
| | — |
| | 1,348 |
| Trade Names | — |
| | 411 |
| | — |
| | — |
| | 411 |
| Net Investments in and Advances to/from Consolidated Affiliates | 4,552 |
| | 18,111 |
| | 1,687 |
| | (24,350 | ) | | — |
| Deferred Income Taxes | — |
| | 10 |
| | 13 |
| | — |
| | 23 |
| Other Assets | 130 |
| | 26 |
| | 640 |
| | (612 | ) | | 184 |
| Total Assets | $ | 4,682 |
| | $ | 24,083 |
| | $ | 4,013 |
| | $ | (24,962 | ) | | $ | 7,816 |
| LIABILITIES AND EQUITY (DEFICIT) | | | | | | | | | | Current Liabilities: | | | | | | | | | | Accounts Payable | $ | 2 |
| | $ | 567 |
| | $ | 468 |
| | $ | — |
| | $ | 1,037 |
| Accrued Expenses and Other | 108 |
| | 485 |
| | 303 |
| | — |
| | 896 |
| Current Debt | — |
| | — |
| | 80 |
| | — |
| | 80 |
| Income Taxes | — |
| | — |
| | 6 |
| | — |
| | 6 |
| Total Current Liabilities | 110 |
| | 1,052 |
| | 857 |
| | — |
| | 2,019 |
| Deferred Income Taxes | (2 | ) | | (82 | ) | | 451 |
| | — |
| | 367 |
| Long-term Debt | 5,705 |
| | 597 |
| | — |
| | (597 | ) | | 5,705 |
| Other Long-term Liabilities | 3 |
| | 766 |
| | 90 |
| | (15 | ) | | 844 |
| Total Equity (Deficit) | (1,134 | ) | | 21,750 |
| | 2,615 |
| | (24,350 | ) | | (1,119 | ) | Total Liabilities and Equity (Deficit) | $ | 4,682 |
| | $ | 24,083 |
| | $ | 4,013 |
| | $ | (24,962 | ) | | $ | 7,816 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | November 3, 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | ASSETS | | | | | | | | | | Current Assets: | | | | | | | | | | Cash and Cash Equivalents | $ | — |
| | $ | 167 |
| | $ | 181 |
| | $ | — |
| | $ | 348 |
| Accounts Receivable, Net | — |
| | 212 |
| | 109 |
| | — |
| | 321 |
| Inventories | — |
| | 1,700 |
| | 263 |
| | — |
| | 1,963 |
| Other | 15 |
| | 165 |
| | 121 |
| | — |
| | 301 |
| Total Current Assets | 15 |
| | 2,244 |
| | 674 |
| | — |
| | 2,933 |
| Property and Equipment, Net | — |
| | 2,019 |
| | 915 |
| | — |
| | 2,934 |
| Goodwill | — |
| | 1,318 |
| | 30 |
| | — |
| | 1,348 |
| Trade Names | — |
| | 411 |
| | — |
| | — |
| | 411 |
| Net Investments in and Advances to/from Consolidated Affiliates | 4,396 |
| | 19,442 |
| | 2,386 |
| | (26,224 | ) | | — |
| Deferred Income Taxes | — |
| | 9 |
| | 11 |
| | — |
| | 20 |
| Other Assets | 127 |
| | 14 |
| | 683 |
| | (641 | ) | | 183 |
| Total Assets | $ | 4,538 |
| | $ | 25,457 |
| | $ | 4,699 |
| | $ | (26,865 | ) | | $ | 7,829 |
| LIABILITIES AND EQUITY (DEFICIT) | | | | | | | | | | Current Liabilities: | | | | | | | | | | Accounts Payable | $ | — |
| | $ | 585 |
| | $ | 475 |
| | $ | — |
| | $ | 1,060 |
| Accrued Expenses and Other | 62 |
| | 583 |
| | 373 |
| | — |
| | 1,018 |
| Current Debt | — |
| | — |
| | 56 |
| | — |
| | 56 |
| Income Taxes | — |
| | — |
| | 8 |
| | — |
| | 8 |
| Total Current Liabilities | 62 |
| | 1,168 |
| | 912 |
| | — |
| | 2,142 |
| Deferred Income Taxes | (2 | ) | | (43 | ) | | 279 |
| | — |
| | 234 |
| Long-term Debt | 5,743 |
| | 627 |
| | 71 |
| | (627 | ) | | 5,814 |
| Other Long-term Liabilities | 58 |
| | 810 |
| | 97 |
| | (14 | ) | | 951 |
| Total Equity (Deficit) | (1,323 | ) | | 22,895 |
| | 3,340 |
| | (26,224 | ) | | (1,312 | ) | Total Liabilities and Equity (Deficit) | $ | 4,538 |
| | $ | 25,457 |
| | $ | 4,699 |
| | $ | (26,865 | ) | | $ | 7,829 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions)
| | | | | | | | | | | | | | | | | | | | | | February 3, 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | ASSETS | | | | | | | | | | Current Assets: | | | | | | | | | | Cash and Cash Equivalents | $ | — |
| | $ | 1,164 |
| | $ | 351 |
| | $ | — |
| | $ | 1,515 |
| Accounts Receivable, Net | — |
| | 186 |
| | 124 |
| | — |
| | 310 |
| Inventories | — |
| | 1,095 |
| | 145 |
| | — |
| | 1,240 |
| Other | — |
| | 132 |
| | 96 |
| | — |
| | 228 |
| Total Current Assets | — |
| | 2,577 |
| | 716 |
| | — |
| | 3,293 |
| Property and Equipment, Net | — |
| | 1,984 |
| | 909 |
| | — |
| | 2,893 |
| Goodwill | — |
| | 1,318 |
| | 30 |
| | — |
| | 1,348 |
| Trade Names | — |
| | 411 |
| | — |
| | — |
| | 411 |
| Net Investments in and Advances to/from Consolidated Affiliates | 4,973 |
| | 18,298 |
| | 2,106 |
| | (25,377 | ) | | — |
| Deferred Income Taxes | — |
| | 10 |
| | 4 |
| | — |
| | 14 |
| Other Assets | 129 |
| | 18 |
| | 654 |
| | (611 | ) | | 190 |
| Total Assets | $ | 5,102 |
| | $ | 24,616 |
| | $ | 4,419 |
| | $ | (25,988 | ) | | $ | 8,149 |
| LIABILITIES AND EQUITY (DEFICIT) | | | | | | | | | | Current Liabilities: | | | | | | | | | | Accounts Payable | $ | 2 |
| | $ | 349 |
| | $ | 366 |
| | $ | — |
| | $ | 717 |
| Accrued Expenses and Other | 101 |
| | 529 |
| | 399 |
| | — |
| | 1,029 |
| Current Debt | — |
| | — |
| | 87 |
| | — |
| | 87 |
| Income Taxes | 6 |
| | 174 |
| | 18 |
| | — |
| | 198 |
| Total Current Liabilities | 109 |
| | 1,052 |
| | 870 |
| | — |
| | 2,031 |
| Deferred Income Taxes | (2 | ) | | (46 | ) | | 286 |
| | — |
| | 238 |
| Long-term Debt | 5,706 |
| | 597 |
| | 1 |
| | (597 | ) | | 5,707 |
| Other Long-term Liabilities | 64 |
| | 774 |
| | 100 |
| | (14 | ) | | 924 |
| Total Equity (Deficit) | (775 | ) | | 22,239 |
| | 3,162 |
| | (25,377 | ) | | (751 | ) | Total Liabilities and Equity (Deficit) | $ | 5,102 |
| | $ | 24,616 |
| | $ | 4,419 |
| | $ | (25,988 | ) | | $ | 8,149 |
|
|
Condensed Income Statement [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Sales | $ | — |
| | $ | 7,398 |
| | $ | 2,472 |
| | $ | (2,061 | ) | | $ | 7,809 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (4,779 | ) | | (1,930 | ) | | 1,819 |
| | (4,890 | ) | Gross Profit | — |
| | 2,619 |
| | 542 |
| | (242 | ) | | 2,919 |
| General, Administrative and Store Operating Expenses | (8 | ) | | (2,059 | ) | | (290 | ) | | 180 |
| | (2,177 | ) | Operating Income (Loss) | (8 | ) | | 560 |
| | 252 |
| | (62 | ) | | 742 |
| Interest Expense | (298 | ) | | (61 | ) | | (8 | ) | | 67 |
| | (300 | ) | Other Income | — |
| | 6 |
| | 22 |
| | — |
| | 28 |
| Income (Loss) Before Income Taxes | (306 | ) | | 505 |
| | 266 |
| | 5 |
| | 470 |
| Provision for Income Taxes | 1 |
| | 92 |
| | 58 |
| | — |
| | 151 |
| Equity in Earnings (Loss), Net of Tax | 626 |
| | 642 |
| | 447 |
| | (1,715 | ) | | — |
| Net Income (Loss) | $ | 319 |
| | $ | 1,055 |
| | $ | 655 |
| | $ | (1,710 | ) | | $ | 319 |
|
| | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Sales | $ | — |
| | $ | 7,907 |
| | $ | 2,555 |
| | $ | (2,077 | ) | | $ | 8,385 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (5,243 | ) | | (2,157 | ) | | 1,946 |
| | (5,454 | ) | Gross Profit | — |
| | 2,664 |
| | 398 |
| | (131 | ) | | 2,931 |
| General, Administrative and Store Operating Expenses | (8 | ) | | (2,228 | ) | | (354 | ) | | 96 |
| | (2,494 | ) | Operating Income (Loss) | (8 | ) | | 436 |
| | 44 |
| | (35 | ) | | 437 |
| Interest Expense | (288 | ) | | (37 | ) | | (5 | ) | | 38 |
| | (292 | ) | Other Income (Loss) | — |
| | 8 |
| | (7 | ) | | — |
| | 1 |
| Income (Loss) Before Income Taxes | (296 | ) | | 407 |
| | 32 |
| | 3 |
| | 146 |
| Provision (Benefit) for Income Taxes | (1 | ) | | 32 |
| | 11 |
| | — |
| | 42 |
| Equity in Earnings (Loss), Net of Tax | 399 |
| | 340 |
| | 294 |
| | (1,033 | ) | | — |
| Net Income (Loss) | $ | 104 |
| | $ | 715 |
| | $ | 315 |
| | $ | (1,030 | ) | | $ | 104 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Sales | $ | — |
| | $ | 2,508 |
| | $ | 947 |
| | $ | (837 | ) | | $ | 2,618 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (1,639 | ) | | (717 | ) | | 727 |
| | (1,629 | ) | Gross Profit | — |
| | 869 |
| | 230 |
| | (110 | ) | | 989 |
| General, Administrative and Store Operating Expenses | (2 | ) | | (731 | ) | | (104 | ) | | 80 |
| | (757 | ) | Operating Income (Loss) | (2 | ) | | 138 |
| | 126 |
| | (30 | ) | | 232 |
| Interest Expense | (98 | ) | | (28 | ) | | (3 | ) | | 30 |
| | (99 | ) | Other Income | — |
| | 2 |
| | — |
| | — |
| | 2 |
| Income (Loss) Before Income Taxes | (100 | ) | | 112 |
| | 123 |
| | — |
| | 135 |
| Provision for Income Taxes | 1 |
| | 27 |
| | 21 |
| | — |
| | 49 |
| Equity in Earnings (Loss), Net of Tax | 187 |
| | 166 |
| | 67 |
| | (420 | ) | | — |
| Net Income (Loss) | $ | 86 |
| | $ | 251 |
| | $ | 169 |
| | $ | (420 | ) | | $ | 86 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (LOSS) (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Sales | $ | — |
| | $ | 2,644 |
| | $ | 965 |
| | $ | (834 | ) | | $ | 2,775 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (1,786 | ) | | (838 | ) | | 777 |
| | (1,847 | ) | Gross Profit | — |
| | 858 |
| | 127 |
| | (57 | ) | | 928 |
| General, Administrative and Store Operating Expenses | (2 | ) | | (785 | ) | | (127 | ) | | 40 |
| | (874 | ) | Operating Income (Loss) | (2 | ) | | 73 |
| | — |
| | (17 | ) | | 54 |
| Interest Expense | (94 | ) | | (19 | ) | | — |
| | 17 |
| | (96 | ) | Other Income (Loss) | — |
| | 2 |
| | (1 | ) | | — |
| | 1 |
| Income (Loss) Before Income Taxes | (96 | ) | | 56 |
| | (1 | ) | | — |
| | (41 | ) | Provision for Income Taxes | 1 |
| | (1 | ) | | 2 |
| | — |
| | 2 |
| Equity in Earnings (Loss), Net of Tax | 54 |
| | (92 | ) | | (103 | ) | | 141 |
| | — |
| Net Income (Loss) | $ | (43 | ) | | $ | (35 | ) | | $ | (106 | ) | | $ | 141 |
| | $ | (43 | ) |
|
Condensed Statement of Comprehensive Income [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Income (Loss) | $ | 86 |
| | $ | 251 |
| | $ | 169 |
| | $ | (420 | ) | | $ | 86 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Foreign Currency Translation | — |
| | — |
| | (2 | ) | | — |
| | (2 | ) | Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | 10 |
| | — |
| | 10 |
| Reclassification of Cash Flow Hedges to Earnings | — |
| | — |
| | (4 | ) | | — |
| | (4 | ) | Total Other Comprehensive Income (Loss), Net of Tax | — |
| | — |
| | 4 |
| | — |
| | 4 |
| Total Comprehensive Income (Loss) | $ | 86 |
| | $ | 251 |
| | $ | 173 |
| | $ | (420 | ) | | $ | 90 |
|
| | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Income (Loss) | $ | 319 |
| | $ | 1,055 |
| | $ | 655 |
| | $ | (1,710 | ) | | $ | 319 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Foreign Currency Translation | — |
| | — |
| | 8 |
| | — |
| | 8 |
| Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | (7 | ) | | — |
| | (7 | ) | Reclassification of Cash Flow Hedges to Earnings | — |
| | — |
| | 1 |
| | — |
| | 1 |
| Unrealized Gain (Loss) on Marketable Securities | — |
| | — |
| | 1 |
| | — |
| | 1 |
| Total Other Comprehensive Income (Loss), Net of Tax | — |
| | — |
| | 3 |
| | — |
| | 3 |
| Total Comprehensive Income (Loss) | $ | 319 |
| | $ | 1,055 |
| | $ | 658 |
| | $ | (1,710 | ) | | $ | 322 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Income (Loss) | $ | (43 | ) | | $ | (35 | ) | | $ | (106 | ) | | $ | 141 |
| | $ | (43 | ) | Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Foreign Currency Translation | — |
| | — |
| | (2 | ) | | — |
| | (2 | ) | Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | 1 |
| | — |
| | 1 |
| Total Other Comprehensive Income (Loss), Net of Tax | — |
| | — |
| | (1 | ) | | — |
| | (1 | ) | Total Comprehensive Income (Loss) | $ | (43 | ) | | $ | (35 | ) | | $ | (107 | ) | | $ | 141 |
| | $ | (44 | ) |
| | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Income (Loss) | $ | 104 |
| | $ | 715 |
| | $ | 315 |
| | $ | (1,030 | ) | | $ | 104 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Foreign Currency Translation | — |
| | — |
| | (24 | ) | | — |
| | (24 | ) | Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | 10 |
| | — |
| | 10 |
| Reclassification of Cash Flow Hedges to Earnings | — |
| | — |
| | 3 |
| | — |
| | 3 |
| Total Other Comprehensive Income (Loss), Net of Tax | — |
| | — |
| | (11 | ) | | — |
| | (11 | ) | Total Comprehensive Income (Loss) | $ | 104 |
| | $ | 715 |
| | $ | 304 |
| | $ | (1,030 | ) | | $ | 93 |
|
|
Condensed Cash Flow Statement [Table Text Block] |
BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2018 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Cash Provided by (Used for) Operating Activities | $ | (361 | ) | | $ | 295 |
| | $ | 79 |
| | $ | — |
| | $ | 13 |
| Investing Activities: | | | | | | | | | | Capital Expenditures | — |
| | (367 | ) | | (194 | ) | | — |
| | (561 | ) | Return of Capital from Easton Investments | — |
| | — |
| | 15 |
| | — |
| | 15 |
| Net Investments in Consolidated Affiliates | — |
| | — |
| | (181 | ) | | 181 |
| | — |
| Other Investing Activities | — |
| | 6 |
| | 2 |
| | — |
| | 8 |
| Net Cash Provided by (Used for) Investing Activities | — |
| | (361 | ) | | (358 | ) | | 181 |
| | (538 | ) | Financing Activities: | | | | | | | | | | Payment of Long-term Debt | (52 | ) | | — |
| | — |
| | — |
| | (52 | ) | Borrowing from Secured Revolving Facility | 85 |
| | — |
| | — |
| | — |
| | 85 |
| Borrowings from Foreign Facilities | — |
| | — |
| | 110 |
| | — |
| | 110 |
| Repayments of Foreign Facilities | — |
| | — |
| | (71 | ) | | — |
| | (71 | ) | Dividends Paid | (500 | ) | | — |
| | — |
| | — |
| | (500 | ) | Repurchases of Common Stock | (198 | ) | | — |
| | — |
| | — |
| | (198 | ) | Tax Payments related to Share-based Awards | (13 | ) | | — |
| | — |
| | — |
| | (13 | ) | Proceeds from Exercise of Stock Options | 1 |
| | — |
| | — |
| | — |
| | 1 |
| Financing Costs and Other | (3 | ) | | (2 | ) | | — |
| | — |
| | (5 | ) | Net Financing Activities and Advances to/from Consolidated Affiliates | 1,041 |
| | (929 | ) | | 69 |
| | (181 | ) | | — |
| Net Cash Provided by (Used for) Financing Activities | 361 |
|
| (931 | ) |
| 108 |
|
| (181 | ) |
| (643 | ) | Effects of Exchange Rate Changes on Cash and Cash Equivalents | — |
| | — |
| | 1 |
| | — |
| | 1 |
| Net Increase (Decrease) in Cash and Cash Equivalents | — |
| | (997 | ) | | (170 | ) | | — |
| | (1,167 | ) | Cash and Cash Equivalents, Beginning of Period | — |
| | 1,164 |
| | 351 |
| | — |
| | 1,515 |
| Cash and Cash Equivalents, End of Period | $ | — |
| | $ | 167 |
| | $ | 181 |
| | $ | — |
| | $ | 348 |
|
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited) | | | | | | | | | | | | | | | | | | | | | | Year-to-Date 2017 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non- guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Cash Provided by (Used for) Operating Activities | $ | (289 | ) | | $ | 230 |
| | $ | 197 |
| | $ | — |
| | $ | 138 |
| Investing Activities: | | | | | | | | | | Capital Expenditures | — |
| | (461 | ) | | (138 | ) | | — |
| | (599 | ) | Return of Capital from Easton Investments | — |
| | — |
| | 27 |
| | — |
| | 27 |
| Net Investments in Consolidated Affiliates | — |
| | — |
| | (12 | ) | | 12 |
| | — |
| Other Investing Activities | — |
| | — |
| | (9 | ) | | — |
| | (9 | ) | Net Cash Provided by (Used for) Investing Activities | — |
| | (461 | ) | | (132 | ) | | 12 |
| | (581 | ) | Financing Activities: | | | | | | | | | | Borrowings from Foreign Facilities | — |
| | — |
| | 67 |
| | — |
| | 67 |
| Repayments of Foreign Facilities | — |
| | — |
| | (23 | ) | | — |
| | (23 | ) | Dividends Paid | (516 | ) | | — |
| | — |
| | — |
| | (516 | ) | Repurchases of Common Stock | (283 | ) | | — |
| | — |
| | — |
| | (283 | ) | Tax Payments related to Share-based Awards | (31 | ) | | — |
| | — |
| | — |
| | (31 | ) | Proceeds from Exercise of Stock Options | 37 |
| | — |
| | — |
| | — |
| | 37 |
| Financing Costs and Other | (5 | ) | | (4 | ) | | — |
| | — |
| | (9 | ) | Net Financing Activities and Advances to/from Consolidated Affiliates | 1,087 |
| | (950 | ) | | (125 | ) | | (12 | ) | | — |
| Net Cash Provided by (Used for) Financing Activities | 289 |
| | (954 | ) | | (81 | ) | | (12 | ) | | (758 | ) | Effects of Exchange Rate Changes on Cash and Cash Equivalents | — |
| | — |
| | 2 |
| | — |
| | 2 |
| Net Decrease in Cash and Cash Equivalents | — |
| | (1,185 | ) | | (14 | ) | | — |
| | (1,199 | ) | Cash and Cash Equivalents, Beginning of Period | — |
| | 1,562 |
| | 372 |
| | — |
| | 1,934 |
| Cash and Cash Equivalents, End of Period | $ | — |
| | $ | 377 |
| | $ | 358 |
| | $ | — |
| | $ | 735 |
|
|