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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net earnings (loss) $ (17) $ 246 $ 314
Adjustments to reconcile net earnings (loss) to cash from operating activities:      
Depreciation and amortization 134 118 102
Deferred income taxes (20) 39 47
Mandatory deemed repatriation tax 14 112  
Reserve on notes receivable from affiliate     16
Loss (income) from affiliates 44 7 (81)
Dividends received from affiliates 23 24 53
Other investment loss (income), net 152 (177) (69)
Other, net 5 (9) 9
Changes in assets and liabilities, net of acquisitions:      
Receivables, net of allowance (58) (12) 18
Inventories (34) (21) 6
Prepaid expenses 31 (51) (4)
Other current assets 11 (14) 12
Current liabilities, exclusive of debt (22) (25) 23
Other, net (25) 8 (19)
Net cash from operating activities 238 245 427
Cash flows from investing activities:      
Purchase of short-term investments (1,130) (767) (691)
Proceeds from sale of short-term investments 1,191 606 710
Proceeds from maturity of short-term investments 53 59 34
Capital expenditures (162) (173) (158)
Proceeds from sale of fixed assets 5 5 47
Acquisition of businesses (264) (54) (219)
Investments in and advances to affiliates, net (26) (87) (71)
Notes receivable issued to affiliates   (2) (13)
Principal payments received on notes receivable from affiliates 4 167 12
Purchase of long-term investments (21) (12) (31)
Other, net 1 (8) 6
Net cash from investing activities (349) (266) (374)
Cash flows from financing activities:      
Notes payable to banks, net   45 (25)
Proceeds from long-term debt 251 38 3
Principal payments of long-term debt (46) (17) (5)
Repurchase of common stock (5)    
Dividends paid (7) (7)  
Other, net (3) (1)  
Net cash from financing activities 190 58 (27)
Effect of exchange rate changes on cash and cash equivalents (1) 2 1
Net change in cash and cash equivalents 78 39 27
Cash and cash equivalents at beginning of year 116 77 50
Cash and cash equivalents at end of year $ 194 $ 116 $ 77