XML 97 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Unaudited Interim Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net earnings (loss) $ 220 $ 338
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities    
Asset impairments 4 0
Depreciation, amortization and accretion 86 84
Pension and postretirement net periodic benefit cost (25) (15)
Pension and postretirement contributions (12) (12)
Deferred income taxes, net (7) (5)
Stock-based compensation 10 14
Undistributed earnings in unconsolidated affiliates (11) 21
Other, net 4 6
Operating cash provided by (used in) discontinued operations 5 0
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (11) 6
Inventories (11) 40
Other assets 42 (23)
Trade payables - third party and affiliates 1 (81)
Other liabilities (36) (66)
Net cash provided by (used in) operating activities 259 307
Investing Activities    
Capital expenditures on property, plant and equipment (119) (79)
Acquisitions, net of cash acquired 0 (91)
Other, net (9) (7)
Net cash provided by (used in) investing activities (128) (177)
Financing Activities    
Net change in short-term borrowings with maturities of 3 months or less (39) 197
Proceeds from short-term borrowings 300 0
Repayments of short-term borrowings 0 (12)
Repayments of long-term debt (9) (7)
Purchases of treasury stock, including related fees (167) (212)
Common stock dividends (74) (70)
Distributions to noncontrolling interests (5) (4)
Other, net (22) (22)
Net cash provided by (used in) financing activities (16) (130)
Exchange rate effects on cash and cash equivalents (8) 2
Net increase (decrease) in cash and cash equivalents 107 2
Cash and cash equivalents as of beginning of period 463 439
Cash and cash equivalents as of end of period $ 570 $ 441