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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net (loss) income $ (2,884) $ (2,678) $ 178
Non-cash items included in net (loss) income:      
Goodwill impairment [1] 1,430 2,168  
Depreciation and amortization 267 279 101
Intangible assets impairment 162    
Loss on disposal of APP 101    
Debt issuance cost amortization 313 36 13
Other asset impairments 18 58 1
Stock-based compensation charges 20 44 23
Deferred taxes 12 21 7
Actuarial pension loss (gain) 6 47 (5)
Other non-cash items     (6)
Changes in operating assets and liabilities, net of effects of businesses acquired (disposed):      
Accounts receivable (205) 300 91
Contracts in progress, net of advance billings on contracts (627) (278) (450)
Inventory (24)    
Accounts payable 497 (156) 105
Other current and non-current assets (16) 63 (22)
Investments in unconsolidated affiliates (12) (9) 14
Other current and non-current liabilities (34) 34 86
Total cash (used in) provided by operating activities (976) (71) 136
Cash flows from investing activities:      
Business combinations, net of cash acquired (7) (2,374)  
Proceeds from asset disposals, net 83 69 56
Purchases of property, plant and equipment [2] (92) (86) (119)
Advances related to proportionately consolidated consortiums (258) (241)  
Investments in unconsolidated affiliates (4) (16) (2)
Total cash used in investing activities (278) (2,648) (65)
Cash flows from financing activities:      
Revolving credit facility borrowings 2,451    
Revolving credit facility repayments (1,650)    
Proceeds from debt 800 3,560  
Repayment of debt and finance lease obligations (39) (545) (235)
Proceeds from issuance of redeemable preferred stock   290  
Dividends paid to holders of redeemable preferred stock   (3)  
Advances related to equity method joint ventures and proportionately consolidated consortiums 237 158  
Debt and letter of credit issuance costs (160) (217) (21)
Redeemable preferred stock issuance costs   (18)  
Debt extinguishment costs   (10)  
Repurchase of common stock (4) (14) (7)
Acquisition of NCI     (11)
Distributions to joint venture members (43)   (1)
Total cash provided by (used in) financing activities 1,624 3,201 (275)
Effects of exchange rate changes on cash, cash equivalents and restricted cash (22) (45)  
Net increase in cash, cash equivalents and restricted cash 348 437 (204)
Cash, cash equivalents and restricted cash at beginning of period 845 408 612
Cash, cash equivalents and restricted cash at end of period 1,193 845 408
Supplemental Cash Flow Information:      
Cash paid for interest 283 212 50
Cash paid for income taxes, net 96 141 45
Supplemental Disclosure of Noncash Investing Activities:      
Assets acquired through capital lease   72  
Supplemental Disclosure of Noncash Financing Activities:      
Capital lease   $ 72  
Vendor equipment financing     16
Note payable in connection with noncontrolling interest distribution     $ (5)
Structured Equipment Financing [Member]      
Cash flows from financing activities:      
Revolving credit facility borrowings $ 32    
[1] Represents impairment of goodwill associated with our NCSA and EARC reporting units in 2019 and our NCSA, EARC, APAC and Technology reporting units in 2018. See Note 9, Goodwill and Other Intangible Assets, for further discussion. The goodwill impairment values are included within the applicable operating group’s Operating loss.
[2] Capital expenditures reported represent cash purchases. At December 31, 2019, 2018 and 2017, we had approximately $160 million, $26 million and $8 million, respectively, of accrued and unpaid capital expenditures reported in PP&E and accrued liabilities.