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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Cash Flows [Abstract]      
Net income $ 427 $ 254 $ 401
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 118 117 117
Amortization 127 134 140
Deferred income taxes 10 (31) (77)
Share-based compensation 33 26 29
Restructuring and asset impairment charges 7 75 63
Goodwill, Impairment Loss 0 58 148
Gain from sale of businesses (2) 0 (1)
Other, net 8 46 9
Payments for restructuring (25) (36) (30)
Contributions to post-retirement benefit plans (29) (27) (19)
Changes in assets and liabilities (net of acquisitions):      
Changes in receivables (70) 109 (23)
Changes in inventories (167) (5) 47
Changes in accounts payable 81 (39) 29
Changes in accrued liabilities 7 101 15
Changes in accrued taxes (9) 20 (13)
Net changes in other assets and liabilities 22 22 4
Net Cash — Operating activities 538 824 839
Investing Activities      
Capital expenditures (208) (183) (226)
Acquisitions of businesses and assets, net of cash acquired 0 0 (18)
Proceeds from sale of businesses 10 0 0
Cash received from investments 3 200 11
Cash paid for investments 0 (200) (7)
Proceeds from Derivative Instrument, Investing Activities 14 12 9
Other, net (2) 2 0
Net Cash — Investing activities (183) (169) (231)
Financing Activities      
Short-term debt issued, net 0 359 281
Short-term debt repaid, net 0 (640) (254)
Long-term debt issued, net 0 985 0
Long-term debt repaid, net (600) 0 0
Repurchase of common stock (68) (61) (40)
Proceeds from exercise of employee stock options 19 20 13
Dividends paid (203) (188) (174)
Other, net (3) (2) (3)
Net Cash — Financing activities (855) 473 (177)
Effect of exchange rate changes on cash (26) 23 (3)
Net change in cash and cash equivalents (526) 1,151 428
Cash and cash equivalents at beginning of year 1,875 724 296
Cash and cash equivalents at end of year 1,349 1,875 724
Cash paid during the year for:      
Interest 99 77 77
Income taxes (net of refunds received) $ 83 $ 41 $ 107