XML 46 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income (loss) $ (202) $ 160
Adjustments to reconcile net income to net cash provided by operating activities:    
(Income) loss from discontinued operations 4 (15)
Depreciation and amortization 229 211
Stock-based compensation expense 32 26
Deferred income taxes 26 (28)
Gain on sale of property, plant and equipment and other assets (1) (2)
Impairment of long-lived and other assets 16 8
Changes in assets and liabilities:    
Receivables (80) (106)
Inventories (86) (5)
Current payables and accrued expenses 17 47
Deferred service revenue and customer deposits 72 20
Employee Benefit Plans 367 (12)
Other assets and liabilities 22 (69)
Net cash provided by operating activities 416 235
Investing activities    
Expenditures for property, plant and equipment (47) (88)
Additions to capitalized software (117) (109)
Business acquisitions, net 0 (1,647)
Changes in restricted cash 0 1,114
Other investing activities, net 0 4
Net cash used in investing activities (164) (726)
Financing activities    
Tax withholding payments on behalf of employees (10) (28)
Short term borrowings, net 0 2
Payments on term credit facilities (312) (20)
Borrowings on term credit facility 0 250
Payments on revolving credit facility (977) (528)
Borrowings on revolving credit facility 881 690
Debt issuance costs 0 (3)
Proceeds from employee stock plans 12 10
Other financing activities 0 (3)
Net cash provided by financing activities (406) 370
Cash flows from discontinued operations    
Net cash (used in) provided by operating activities (27) 28
Effect of exchange rate changes on cash and cash equivalents (27) (11)
Increase (decrease) in cash and cash equivalents (208) (104)
Cash and cash equivalents $ 303 $ 424