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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities:    
Net income $ 247 $ 21
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 326 197
Equity losses of affiliates 9 28
Cash distributions received from affiliates 27 1
Other, net (27) 21
Deferred income taxes and taxes payable 40 200
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (140) (73)
Inventories, net (43) (8)
Accounts payable and other liabilities (81) (183)
Net cash provided by operating activities 358 204
Investing activities:    
Capital expenditures (264) (128)
Acquisitions, net of cash acquired (185) (53)
Investments in equity affiliates and other (13) (33)
Proceeds from property, plant and equipment and other asset dispositions 37 15
Other, net 16 23
Net cash used in investing activities (409) (176)
Financing activities:    
Borrowings 263 0
Repayment of borrowings (470) (93)
Dividends paid (81) (80)
Other, net (45) (29)
Net cash used in financing activities (333) (202)
Net decrease in cash and cash equivalents (384) (174)
Cash and cash equivalents, beginning of period 2,034 2,016
Exchange movement on opening cash balance (32) 14
Cash and cash equivalents, end of period $ 1,618 $ 1,856