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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income $ 66 $ 267
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 179 165
Operating lease expense 30 32
Equity losses of affiliates 4 0
Cash distributions received from affiliates 1 4
Other, net 18 (137)
Deferred income taxes and taxes payable (4) 27
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (96) 9
Inventories, net (61) (59)
Accounts payable and other liabilities (168) (240)
Net cash (used in) provided by operating activities (31) 68
Investing activities:    
Capital expenditures (104) (101)
Acquisitions, net of cash acquired (3) 0
Investments in equity affiliates and other (8) (16)
Proceeds from property, plant and equipment and other asset dispositions 4 (2)
Other, net (19) 24
Net cash used in investing activities (130) (95)
Financing activities:    
Borrowings 328 378
Repayment of borrowings (337) (383)
Repurchase of shares (127) 0
Dividends paid (31) (27)
Other, net 18 (53)
Net cash used in financing activities (149) (85)
Net change in cash and cash equivalents (310) (112)
Cash and cash equivalents, beginning of period 1,822 2,236
Exchange movement on opening cash balance (54) (24)
Cash and cash equivalents, end of period $ 1,458 $ 2,100