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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows provided by (used in) operating activities    
Net (loss) income $ (146) $ 59
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 85 101
Non-cash asset impairments and accelerated depreciation 27 127
Deferred tax (benefit) expense (1) 3
Gain on dispositions 0 (240)
Gain on sale of assets (1) 0
Amortization of Debt Issuance Costs 12 11
(Gain) loss on extinguishment of debt 3 (47)
Unrealized foreign currency losses (gains) (5) (40)
Other non-cash adjustments (4) 3
Net change in assets and liabilities:    
Accounts receivable (89) (88)
Inventories (29) (32)
Accounts payable 32 35
Income taxes payable 8 26
Other assets, current and non-current (4) (27)
Other liabilities, current and long-term (29) 48
Net cash used in operating activities 205 131
Cash flows provided by (used in) investing activities    
Capital expenditures (86) (91)
Capitalized interest (1) (1)
Proceeds from dispositions, net 0 281
Cash received on buyer’s note 0 45
Proceeds from sale of assets 5 1
Change in restricted cash 1 (11)
Investment in affiliate 0 (1)
Net cash (used in) provided by investing activities (81) 223
Cash flows provided by (used in) financing activities    
Net short-term debt (repayments) borrowings 15 (13)
Borrowings of long-term debt 1,291 461
Repayments of long-term debt (1,079) (643)
Long-term debt and credit facility financing fees (25) 0
Net cash provided by (used in) financing activities (202) 195
Effect of Exchange Rate on Cash and Cash Equivalents 5 1
Change in cash and cash equivalents (79) (102)
Cash and cash equivalents (unrestricted) at beginning of period 179 228
Cash and cash equivalents (unrestricted) at end of period 100 126
Supplemental disclosures of cash flow information    
Interest, net 205 210
Income taxes, net of cash refunds 10 20
Acceptance of buyer’s note (see Note 12) $ 0 $ 75