XML 24 R7.htm IDEA: XBRL DOCUMENT v3.21.1
Unaudited Interim Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities    
Net earnings (loss) $ 323 $ 220
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities    
Asset impairments 1 4
Depreciation, amortization and accretion 91 86
Pension and postretirement net periodic benefit cost (34) (25)
Pension and postretirement contributions (12) (12)
Deferred income taxes, net 11 (7)
(Gain) loss on disposition of businesses and assets, net 5 0
Stock-based compensation 12 10
Undistributed earnings in unconsolidated affiliates 6 (11)
Other, net 3 4
Operating cash provided by (used in) discontinued operations (1) 5
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (184) (11)
Inventories (62) (11)
Other assets (103) 42
Trade payables - third party and affiliates 156 1
Other liabilities (96) (36)
Net cash provided by (used in) operating activities 116 259
Investing Activities    
Capital expenditures on property, plant and equipment (92) (119)
Proceeds from sale of marketable securities 200 0
Other, net (10) (9)
Net cash provided by (used in) investing activities 98 (128)
Financing Activities    
Net change in short-term borrowings with maturities of 3 months or less 2 (39)
Proceeds from short-term borrowings 0 300
Repayments of long-term debt (7) (9)
Purchases of treasury stock, including related fees (267) (167)
Common stock dividends (78) (74)
Distributions to noncontrolling interests (5) (5)
Other, net (16) (22)
Net cash provided by (used in) financing activities (371) (16)
Exchange rate effects on cash and cash equivalents (7) (8)
Net increase (decrease) in cash and cash equivalents (164) 107
Cash and cash equivalents as of beginning of period 955 463
Cash and cash equivalents as of end of period $ 791 $ 570