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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net income $ 585 $ 304
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 312 295
Stock-based compensation expense 11 11
Loss from disposition of property, plant and equipment 15 7
Deferred income taxes 45 15
Other gains, net 0 (1)
Changes in operating assets and liabilities    
Accounts receivable (272) (142)
Inventories (9) 21
Prepaid expenses and other current assets (13) 5
Accounts payable (11) 82
Accrued liabilities (70) (87)
Other, net (44) (30)
Net cash provided by operating activities 549 480
Cash flows from investing activities    
Additions to property, plant and equipment (312) (281)
Additions to investments in unconsolidated subsidiaries (45) (31)
Other 3 2
Net cash used for investing activities (354) (310)
Cash flows from financing activities    
Dividends paid (54) (49)
Distributions to noncontrolling interests (29) (16)
Proceeds from notes payable and drawdown of revolver 6 178
Repayment of term loan 0 (150)
Repayment of revolver 0 (360)
Redemption and repayment of notes payable (1,173) (5)
Other 8 1
Net cash used for financing activities (1,242) (401)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2) 13
Net decrease in cash, cash equivalents and restricted cash (1,049) (218)
Cash, cash equivalents and restricted cash at beginning of period 1,554 646
Cash, cash equivalents and restricted cash at end of period $ 505 $ 428