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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Sep. 30, 2020
Cash flows provided by (used in) operating activities      
Net Income (Loss) Attributable to Parent $ (43) $ 2,895 $ (203)
(Loss) income from discontinued operations, net of taxes 1 135 (79)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (44) 2,760 (124)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 48 43 143
Non-cash asset impairments 0 0 16
Noncash reorganization items net [Line Items] 0 (3,156)  
Deferred Income Tax Expense (Benefit) (8) 140 5
Loss on sale of assets 0 3 7
Unrealized foreign currency (gains) losses 6 (7) (1)
Non-cash stock based compensation expense 4 0 13
Financing fees included in net loss   136  
Other non-cash adjustments (2) (1) (1)
Net change in assets and liabilities:      
Accounts receivable 12 (73) (55)
Inventories 25 (20) 31
Accounts payable (58) (15) (14)
Income taxes payable 2 15 (8)
Other assets, current and non-current 5 3 (1)
Other liabilities, current and long-term 17 9 (22)
Net cash (used in) provided by operating activities from continuing operations 7 (163) (11)
Net cash (used in) provided by operating activities from discontinued operations 18 (10) (1)
Net Cash Provided by (Used in) Operating Activities 25 (173) (12)
Cash flows provided by (used in) investing activities      
Capital expenditures (18) (41) (78)
Proceeds from sale of assets, net 0 1 2
Net cash used in investing activities from continuing operations (18) (40) (76)
Net cash used in investing activities from discontinued operations (4) (2) (13)
Net cash used in investing activities (22) (42) (89)
Cash flows provided by (used in) financing activities      
Net short-term debt borrowings (6) (4) (25)
Borrowings of long-term debt 91 2,313 209
Repayments of long-term debt (100) (2,261) (167)
Return of Capital from parent 0 0 (10)
Proceeds from Rights Offering   300  
Long-term debt and credit facility financing fees (2) (136) 0
Net cash provided by (used in) financing activities (17) 212 7
Effect of exchange rates on cash and cash equivalents, including restricted cash (3) 0 (2)
Change in cash and cash equivalents, including restricted cash (17) (3) (96)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 125 128 254
Cash, cash equivalents and restricted cash at end of period 108 125 158
Supplemental disclosures of cash flow information      
Interest, net 3 71 88
Income taxes, net of cash refunds 4 10 12
Cash paid for reorganization items $ 0 $ 188 0
Non-cash financing activity, supplemental cash flow disclosure     $ 13