XML 37 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows provided by (used in) operating activities    
Net income (loss) $ (29) $ (66)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 102 109
Deferred tax benefit 2 (2)
Gain on step acquisition (5) 0
Gain on extinguishment of debt 14 0
Unrealized foreign currency losses 19 32
Other non-cash adjustments 3 (3)
Net change in assets and liabilities:    
Accounts receivable (30) (142)
Inventories 14 (92)
Accounts and drafts payable (25) 40
Income taxes payable 10 (4)
Other assets, current and non-current 13 34
Other liabilities, current and long-term 6 (38)
Net cash provided by (used in) operating activities 66 (132)
Net cash (used in) provided by investing activities (114) (205)
Capital expenditures (122) (133)
Payments to Acquire Businesses, Gross (7) (64)
Proceeds from the sale of investments, net 6 (4)
Change in restricted cash 8 (2)
Payments for (Proceeds from) Productive Assets 1 0
Payments to Fund Long-term Loans to Related Parties 0 (50)
Proceeds from Related Party Debt 0 50
Funds remitted to unconsolidated affiliates, net 0 (2)
Cash flows provided by financing activities    
Net short-term debt (repayments) borrowings (1) 25
Borrowings of long-term debt 492 213
Repayments of long-term debt (393) (174)
Payments of Financing Costs (10) 0
Net cash provided by financing activities 88 64
Effect of exchange rates on cash and cash equivalents (9) (5)
Cash and cash equivalents (unrestricted) at beginning of period 156 379
Cash and cash equivalents (unrestricted) at end of period 187 101
Supplemental disclosures of cash flow information    
Interest, net 214 215
Income taxes, net of cash refunds 12 23
Non-cash assumption of debt on step acquisition 18 0
Increase (decrease) in cash and cash equivalents $ 31 $ (278)