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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income $ 144 $ 58
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 189 171
Operating lease expense 25 24
Equity losses of affiliates 3 2
Impairment charges 0 21
Deferred income taxes 14 13
Other, net (23) 36
Cash distributions received from affiliates    
Receivables and other assets (107) (128)
Inventories, net (68) (55)
Accounts payable and other liabilities (113) (197)
Net cash provided by (used in) operating activities 64 (55)
Investing activities:    
Capital expenditures (95) (124)
Acquisitions, net of cash acquired (12) (20)
Purchases of investments in equity affiliates and other (51) (31)
Proceeds from sales of investments in equity affiliates and other 22 16
Net cash used in investing activities (136) (159)
Financing activities:    
Borrowings 153 925
Repayment of borrowings (185) (933)
Repurchase of shares (38) (29)
Dividends paid (35) (28)
Other, net (42) 0
Net cash used in financing activities (147) (65)
Net change in cash and cash equivalents (219) (279)
Cash and cash equivalents, beginning of year 1,960 1,833
Effect of exchange rate changes on cash and cash equivalents 37 (25)
Cash and cash equivalents, end of period $ 1,778 $ 1,529