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Consolidated Statements of Cash Flows (Condensed) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 500 $ 509
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 360 366
Restructuring and other 20 (41)
Pension expense 80 52
Pension contributions (16) (14)
Stock-based compensation 23 23
Changes in assets and liabilities:    
Working capital changes and other (658) (694)
Net cash provided by operating activities 309 201
Cash flows from investing activities    
Capital expenditures (333) (242)
Payments to Acquire Businesses, Net of Cash Acquired 0 11
Proceeds from sale of property, plant and equipment 8 17
Net investment hedge 28 21
Payments for (Proceeds from) Other Investing Activities 12 1
Net cash used for investing activities (309) (216)
Cash flows from financing activities    
Proceeds from long-term debt 113 0
Payments of long-term debt (63) (323)
Net change in revolving credit facility and short-term debt 42 131
Payments of finance leases (2) (15)
Common stock issued 1 4
Common stock repurchased (58) (2)
Contributions from noncontrolling interests 2 5
Dividends paid to noncontrolling interests (43) (36)
Foreign exchange derivatives related to debt 34 (9)
Net cash provided by / (used for) financing activities 26 (245)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1) (1)
Net change in cash, cash equivalents and restricted cash 25 (261)
Cash, cash equivalents and restricted cash beginning balance 663 659
Cash, cash equivalents and restricted cash ending balance $ 688 $ 398