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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net (loss) income $ (108) $ 247
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 324 326
Operating lease expense 86 0
Equity losses of affiliates 5 9
Cash distributions received from affiliates 5 27
Impairment charges 292 0
Other, net (6) (27)
Deferred income taxes and taxes payable (35) 40
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (1,661) (140)
Inventories, net 3 (43)
Accounts payable and other liabilities 1,287 (81)
Net cash provided by operating activities 192 358
Investing activities:    
Capital expenditures (237) (264)
Acquisitions, net of cash acquired (2) (185)
Investments in equity affiliates and other (8) (13)
Proceeds from business dispositions 0 5
Proceeds from property, plant and equipment and other asset dispositions 10 32
Other, net 3 16
Net cash used in investing activities (234) (409)
Financing activities:    
Borrowings 917 263
Repayment of borrowings (1,161) (470)
Dividends paid (81) (81)
Other, net (3) (45)
Net cash used in financing activities (328) (333)
Net change in cash and cash equivalents (370) (384)
Cash and cash equivalents, beginning of year 1,643 2,034
Exchange movement on opening cash balance (1) (32)
Cash and cash equivalents, end of year $ 1,272 $ 1,618