XML 20 R7.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net loss $ (30) $ (41)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 47 48
Deferred income taxes (3) 3
Share-based compensation expense 8 7
Amortization of deferred debt issuance costs and discount on debt 2 5
Impairment loss 0 25
Loss on extinguishment of debt 2 0
Other non-cash affecting net loss 6 10
Changes in assets and liabilities:    
Decrease in accounts receivable, net 19 1
Increase in inventories, net (10) (9)
Increase in prepaid and other assets (1) (1)
Increase (decrease) in accounts payable and accrued liabilities 8 (47)
Net changes in income tax payables and receivables (3) (2)
Changes in other non-current assets and liabilities (6) (3)
Cash provided by (used in) operating activities 39 (4)
Cash Flows from Investing Activities:    
Capital expenditures (25) (28)
Loans (25) 0
Cash used in investing activities (50) (28)
Cash Flows from Financing Activities:    
Repayments of long-term debt (101) (6)
Proceeds from Short-term Debt 94 0
Proceeds from long-term debt 222 0
Acquisition of noncontrolling interest (148) 0
Debt issuance costs (4) (1)
Proceeds from the exercise of warrants 0 2
Dividends paid (7) (6)
Restricted stock and performance-based shares settled in cash for withholding taxes (6) (4)
Cash provided by (used in) financing activities 50 (15)
Effects of exchange rate changes on cash and cash equivalents and restricted cash (1) 7
Net increase (decrease) in cash, cash equivalents and restricted cash 38 (40)
Cash, cash equivalents and restricted cash at beginning of period 1,696 1,769
Cash, cash equivalents and restricted cash at end of period $ 1,734 $ 1,729