XML 20 R7.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net Income $ 426 $ 302
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 260 244
Foreign Exchange Losses 58 73
Loss on Blue Chip Swap Securities 10 57
Gain on Disposition of Assets (33) (11)
Deferred Income Tax Provision (Benefit) 8 (67)
Share-Based Compensation 35 26
Changes in Accounts Receivable, Inventory, Accounts Payable and Accrued Salaries and Benefits:    
Accounts Receivable 23 (280)
Inventories (131) (103)
Accounts Payable 18 173
Accrued Salaries and Benefits (54) (25)
Other Changes, Net (77) 68
Net Cash Provided by Operating Activities 543 457
Cash Flows From Investing Activities:    
Capital Expenditures for Property, Plant and Equipment (199) (142)
Proceeds from Disposition of Assets 18 21
Purchases of Blue Chip Swap Securities (50) (110)
Proceeds from Sales of Blue Chip Swap Securities 40 53
Business Acquisitions, Net of Cash Acquired (51) (4)
Proceeds from Sale of Investments 41 33
Other Investing Activities (6) (9)
Net Cash Used in Investing Activities (207) (158)
Cash Flows From Financing Activities:    
Repayments of Long-term Debt (264) (306)
Distributions to Noncontrolling Interests (19) (21)
Tax Remittance on Equity Awards Vested (9) (54)
Share Repurchases (50) 0
Dividends Paid (18) 0
Other Financing Activities (18) (7)
Net Cash Used in Financing Activities (378) (388)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (43) (77)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (85) (166)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 1,063 1,112
Cash, Cash Equivalents and Restricted Cash at End of Period 978 946
Supplemental Cash Flow Information:    
Interest Paid 82 110
Income Taxes Paid, Net of Refunds 130 88
Supplemental Noncash Information:    
844,702 Ordinary Shares Issued for Acquisitions $ 75 $ 0