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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net income $ 283 $ 324
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 88 87
Amortization 104 108
Share-based compensation 23 23
Restructuring and asset impairment charges 58 19
Goodwill impairment charge 148 0
Gain from sale of business (1) 0
Other, net 7 2
Payments for restructuring (21) (18)
Changes in assets and liabilities (net of acquisitions):    
Changes in receivables (73) (76)
Changes in inventories (2) (115)
Changes in accounts payable (30) 51
Changes in accrued taxes (140) 20
Other, net 7 (37)
Net Cash – Operating activities 451 388
Investing Activities    
Capital expenditures (175) (171)
Acquisitions of businesses, net of cash acquired (18) (433)
Proceeds from sale of business (2) 22
Cash received from investments 3 0
Other, net 7 3
Net Cash – Investing activities (185) (579)
Financing Activities    
Short-term debt issued, net 317 410
Short-term debt repaid (254) (50)
Repurchase of common stock (39) (58)
Proceeds from exercise of employee stock options 10 7
Dividends paid (131) (114)
Other, net (2) 0
Net Cash – Financing activities (99) 195
Effect of exchange rate changes on cash (10) (14)
Net change in cash and cash equivalents 157 (10)
Cash and cash equivalents at beginning of year 296 414
Cash and cash equivalents at end of period 453 404
Cash paid during the period for:    
Interest 46 47
Income taxes (net of refunds received) $ 94 $ 60