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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 170 $ 110 $ 129
Items to reconcile net income and cash flows from operating activities:      
Depreciation and amortization 696 736 811
Interest and amortization of issuance costs on convertible bonds 22 21 10
Loss on financial instruments, net     1
Gain on sale of businesses     (22)
Non-cash stock-based compensation 38 38 36
Other non-cash items (85) (108) (78)
Deferred income tax (34) (93) (143)
(Income) loss on equity-method investments (7) (2) 43
Impairment, restructuring charges and other related closure costs, net of cash payments 34 20 4
Changes in assets and liabilities:      
Trade receivables, net (121) 81 119
Inventories 63 (39)  
Trade payables 68 (46) (70)
Other assets and liabilities, net 195 124 (125)
Net cash from operating activities 1,039 842 715
Cash flows from investing activities:      
Payment for purchase of tangible assets (611) (529) (505)
Proceeds from sale of tangible assets 4 62 9
Payment for purchase of marketable securities 0 0 (333)
Proceeds from sale of marketable securities 0 0 58
Net cash variation for joint ventures deconsolidation   (1) 9
Partial asset distribution from joint ventures in liquidation     15
Payment for purchase of intangible assets (42) (36) (58)
Payment for purchase of financial assets     (9)
Payment for disposal of equity investment   (13)  
Proceeds from sale of financial assets   1 1
Payment for business acquisitions, net of cash and cash equivalents acquired (78)    
Proceeds received in sale of businesses     29
Net cash used in investing activities (727) (516) (784)
Cash flows from financing activities:      
Proceeds from long-term debt 13   3
Net proceeds from issuance of senior unsecured convertible bonds     994
Repayment of long-term debt (191) (200) (223)
Capital increase     1
Repurchase of common stock     (156)
Dividends paid to stockholders (251) (350) (354)
Dividends paid to noncontrolling interests (6) (6) (3)
Other financing activities (1)    
Net cash from (used in) financing activities (436) (556) 262
Effect of changes in exchange rates (18) (16) (12)
Net cash increase (decrease) (142) (246) 181
Cash and cash equivalents at beginning of the period 1,771 2,017 1,836
Cash and cash equivalents at end of the period 1,629 1,771 2,017
Supplemental cash information:      
Interest paid 13 15 11
Income tax paid $ 42 $ 41 $ 30