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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 2,047 $ 324
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 489 462
Amortization 177 112
Amortization of deferred debt issuance costs 7 7
Restructuring expense, net of cash paid 4 2
Deferred income taxes (1,408) (6)
Pension and other postretirement benefit expenses 34 25
Loss from equity method investments, net of dividends received 232 205
Loss on sale of assets 2 0
Share-based compensation 82 65
Other charges related to Ukraine/Russia conflict 0 54
Changes in operating assets and liabilities:    
Accounts receivable, net (213) (582)
Inventories (87) (301)
Other assets (76) 52
Accounts payable (1) (107)
Accrued and other long-term liabilities (7) (5)
Other, net 10 38
Pension contributions (20) (15)
Net cash provided by operating activities 1,272 330
Cash flows from investing activities:    
Capital expenditures (703) (666)
Proceeds from sale of property 3 3
Proceeds from business divestitures, net of cash sold (17) 0
Cost of business acquisitions and other transactions, net of cash acquired (83) (220)
Proceeds from sale of technology investments 0 3
Cost of technology investments (1) (42)
Settlement of derivatives 6 9
Net cash used in investing activities (795) (913)
Cash flows from financing activities:    
Net repayments under other short-term debt agreements (22) (3)
Net repayments under other long-term debt agreements (8) (2)
Proceeds from Issuance of senior notes, net of issuance costs 0 2,472
Contingent consideration payments (10) 0
Dividend payments of consolidated affiliates to minority shareholders 0 (8)
Repurchase of ordinary shares (98) 0
Distribution of mandatory convertible preferred share cash dividends (32) (47)
Taxes withheld and paid on employees' restricted share awards (31) (36)
Net cash (used in) provided by financing activities (201) 2,376
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (23) (54)
Increase in cash, cash equivalents and restricted cash 253 1,739
Cash, cash equivalents and restricted cash at beginning of period 1,555 3,139
Cash, cash equivalents and restricted cash at end of period 1,808 4,878
Reconciliation of cash, cash equivalents and restricted cash and cash classified as assets held for sale:    
Cash, cash equivalents and restricted cash 1,808 4,854
Cash classified as assets held for sale 0 (24)
Total cash, cash equivalents and restricted cash $ 1,808 $ 4,878