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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities:    
Net income (loss) $ 308 $ (108)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 331 324
Operating lease expense 64 86
Equity losses of affiliates 4 5
Cash distributions received from affiliates 7 5
Impairment charges 0 292
Other, net (71) (6)
Deferred income taxes and taxes payable 21 (35)
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (172) (1,661)
Inventories, net 27 3
Accounts payable and other liabilities (36) 1,287
Net cash provided by operating activities 483 192
Investing activities:    
Capital expenditures (173) (237)
Acquisitions, net of cash acquired (90) (2)
Investments in equity affiliates and other (11) (8)
Proceeds from property, plant and equipment and other asset dispositions 3 10
Other, net (5) 3
Net cash used in investing activities (276) (234)
Financing activities:    
Borrowings 146 917
Repayment of borrowings (248) (1,161)
Dividends paid (80) (81)
Other, net (37) (3)
Net cash used in financing activities (219) (328)
Net change in cash and cash equivalents (12) (370)
Cash and cash equivalents, beginning of period 1,517 1,643
Exchange movement on opening cash balance 57 (1)
Cash and cash equivalents, end of period $ 1,562 $ 1,272