XML 24 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net loss $ (2,537) $ (6,093) $ (22)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 352 533 690
Deferred income taxes (65) (426) (63)
Stock-based compensation 105 130 110
Loss on extinguishment of debt 8 26  
Equity loss in unconsolidated affiliates 260 13 3
Goodwill and indefinite-lived intangible asset impairment 1,378 3,612  
Long-lived asset impairment 513 2,209  
Provision for inventory losses 367 659 49
Other, net 16 16 (7)
Change in operating assets and liabilities, net of acquisitions:      
Receivables 574 275 (72)
Inventories 429 104 (7)
Contract assets 30 (70) (68)
Prepaid and other current assets 22 (45) 67
Accounts payable (226) (19) 196
Accrued liabilities (110) (194) (186)
Contract liabilities (74) (34) (62)
Income taxes payable 9 (25) (15)
Other assets/liabilities, net (125) 43 (92)
Net cash provided by operating activities 926 714 521
Cash flows from investing activities:      
Purchases of property, plant and equipment (226) (233) (244)
Business acquisitions, net of cash acquired (14) (180) (280)
Other, net 96 98 67
Net cash used in investing activities (144) (315) (457)
Cash flows from financing activities:      
Borrowings against lines of credit and other debt 36 511  
Payments against lines of credit and other debt (217) (1,000)  
Financing leases (31) (32) (8)
Cash dividends paid (19) (77) (76)
Debt issuance and extinguishment costs (8) (36)  
Other (20) (13) 54
Net cash used in financing activities (259) (647) (30)
Effect of exchange rates on cash (2) (8) (44)
Increase (decrease) in cash and cash equivalents 521 (256) (10)
Cash and cash equivalents, beginning of period 1,171 1,427 1,437
Cash and cash equivalents, end of period 1,692 1,171 1,427
Cash payments during the period for:      
Interest 83 85 90
Income taxes $ (9) $ 144 $ 64