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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ (102) $ 228
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 81 76
Gain from sale of business 0 (130)
Deferred income taxes 6 326
Stock based compensation expense 11 14
Other, net 4 (2)
Changes in operating accounts excluding the effects of divestiture:    
Accounts receivable 45 14
Inventories (27) (403)
Accounts payable 26 25
Accrued liabilities and other (121) (420)
Net cash used in operating activities (77) (272)
Cash flows from investing activities:    
Proceeds from sale of divested business 0 620
Capital expenditures (83) (70)
Other investing activities, net 15 9
Net cash provided by (used in) investing activities (68) 559
Cash flows from financing activities:    
Net proceeds from short-term debt 232 0
Payments on current portion of long-term debt 0 (1)
Repurchase of shares of common stock 0 (275)
Cash dividends (97) (100)
Equity compensation activity and other, net (7) (17)
Net cash provided by (used in) financing activities 128 (393)
Exchange rate effect on cash, cash equivalents and restricted cash (1) 8
Decrease in cash, cash equivalents and restricted cash (18) (98)
Cash, cash equivalents and restricted cash at beginning of period 303 477
Cash, cash equivalents and restricted cash at end of period 285 379
Supplemental disclosures:    
Restricted cash at beginning of period 16 37
Restricted cash at end of period $ 14 $ 35