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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income $ 507 $ 575 $ 381
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation expense 51 48 47
Deferred income tax 88 213 105
Currency exchange rate differences on financial transactions and other losses (19) (167) 174
Equity in net loss of affiliates, net of dividends received 2 4 5
Depreciation and amortization 603 574 573
Changes in operating assets and liabilities, net of effect of businesses acquired and divested:      
Trade and other receivables, net 53 (35) (93)
Prepaid expenses and other assets 4 (63) (76)
Accounts payable and other current liabilities and deferred revenues (63) 36 (4)
Other non-current liabilities (8) (2) (2)
Interest payable 14 15 6
Income taxes 64 11 (23)
Net cash provided by operating activities 1,296 1,209 1,093
Investing Activities      
Acquisition of subsidiaries and affiliates, net of cash acquired (285) (246) (314)
Proceeds from the sale of subsidiaries and affiliates, net 34 30 (6)
Additions to property, plant and equipment and other assets (109) (134) (163)
Additions to intangible assets (324) (274) (249)
Proceeds from the sale of property, plant and equipment and other assets 42 7  
Other investing activities   36  
Net cash used in by investing activities (642) (581) (732)
Financing Activities      
Net (payments)/borrowings under revolving credit facility (164) (116) 280
Proceeds from issuances of debt, net of issuance costs 2,502 746 4,544
Repayment of debt (1,765) (98) (4,598)
Increase in short term borrowings 4    
Cash dividends paid to stockholders (434) (408) (356)
Repurchase of common stock (418) (667) (466)
Proceeds from exercise of stock options 81 72 103
Capital leases (40) (22) (14)
Other financing activities (14) 1 (78)
Net cash used in financing activities (248) (492) (585)
Effect of exchange-rate changes on cash and cash equivalents (9) (52) (67)
Net increase(decrease) in cash and cash equivalents 397 84 (291)
Cash and cash equivalents at beginning of period 357 273 564
Cash and cash equivalents at end of period 754 357 273
Supplemental Cash Flow Information      
Cash paid for income taxes (157) (159) (154)
Cash paid for interest, net of amounts capitalized $ (319) $ (296) $ (294)