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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows provided by (used in) operating activities    
Net income (loss) $ 106 $ (36)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 71 68
Restructuring and Related Cost, Accelerated Depreciation 106 0
Deferred tax benefit 3 3
Gain (Loss) on Disposition of Business (240) 0
Gain on extinguishment of debt (44) 0
Unrealized foreign currency losses (45) 1
Other non-cash adjustments (4) 1
Net change in assets and liabilities:    
Accounts receivable (119) (56)
Inventories (21) 8
Accounts and drafts payable 2 16
Income taxes payable 8 13
Other assets, current and non-current (25) 13
Other liabilities, current and long-term 52 (3)
Net cash provided by (used in) operating activities (150) 28
Net cash (used in) provided by investing activities 210 (75)
Capital expenditures (61) 79
Proceeds from the sale of investments, net   4
proceeds from sale of assets 1 0
Proceeds from the sale of investments, net 0 4
Proceeds from the dispositions, net 281 0
Change in restricted cash (10) 0
Cash flows (used in) provided by financing activities    
Net short-term debt (repayments) borrowings (12) (5)
Borrowings of long-term debt 335 490
Repayments of long-term debt (439) (274)
Payments of Financing Costs 0 8
Net cash provided by financing activities 116 (203)
Effect of exchange rates on cash and cash equivalents 0 (4)
Cash and cash equivalents (unrestricted) at beginning of period 228 156
Cash and cash equivalents (unrestricted) at end of period 172 308
Supplemental disclosures of cash flow information    
Interest, net 159 146
Income taxes, net of cash refunds 16 10
(Decrease) increase in cash and cash equivalents (56) 152
Notes Assumed $ 75 $ 0