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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net Income (Loss) $ 302 $ (25)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 244 265
Loss on Blue Chip Swap Securities 57 0
Asset Write-downs and Other Charges 0 6
Inventory Charges 11 30
Gain on Disposition of Assets and Businesses (11) (22)
Deferred Income Tax Provision (Benefit) (67) 24
Share-Based Compensation 26 18
Changes in Operating Assets and Liabilities, Net:    
Accounts Receivable (280) (103)
Inventories (103) (99)
Accounts Payable 173 49
Other Assets and Liabilities, Net 105 13
Net Cash Provided by Operating Activities 457 156
Cash Flows From Investing Activities:    
Capital Expenditures for Property, Plant and Equipment (142) (83)
Proceeds from Disposition of Assets 21 55
Purchases of Blue Chip Swap Securities (110) 0
Proceeds from Sales of Blue Chip Swap Securities 53 0
Other Investing Activities 20 6
Net Cash Used in Investing Activities (158) (22)
Cash Flows From Financing Activities:    
Repayments and Repurchases of Long-term Debt (306) (62)
Tax Remittance on Equity Awards Vested (54) (3)
Other Financing Activities (28) (24)
Net Cash Provided by (Used in) Financing Activities, Total (388) (89)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (77) (15)
Income Taxes Paid, Net of Refunds 88 58
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (166) 30
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 1,112 1,113
Cash, Cash Equivalents and Restricted Cash at End of Period 946 1,143
Supplemental Cash Flow Information:    
Interest Paid $ 110 $ 136