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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities:      
Net Income $ 550 $ 449 $ 51
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 343 327 349
Foreign Exchange Losses 56 116 71
Loss on Blue Chip Swap Securities 10 57 0
Gain on Disposition of Assets (35) (11) (41)
Deferred Income Tax Provision (Benefit) 8 (86) 4
Share-Based Compensation 45 35 25
Changes in Accounts Receivable, Inventory, Accounts Payable and Accrued Salaries and Benefits:      
Accounts Receivable (31) (221) (193)
Inventories (112) (114) (56)
Accounts Payable 97 231 84
Accrued Salaries and Benefits (74) 20 24
Other Changes, Net (65) 29 31
Net Cash Provided by Operating Activities 792 832 349
Cash Flows From Investing Activities:      
Capital Expenditures for Property, Plant and Equipment (299) (209) (132)
Proceeds from Disposition of Assets 31 28 82
Purchases of Blue Chip Swap Securities (50) (110) 0
Proceeds from Sales of Blue Chip Swap Securities 40 53 0
Business Acquisitions, Net of Cash Acquired (51) (4) 0
Other Investing Activities 36 (47) (4)
Net Cash Used in Investing Activities (293) (289) (54)
Cash Flows From Financing Activities:      
Repayments of Long-term Debt (287) (386) (198)
Distributions to Noncontrolling Interests (39) (52) (30)
Tax Remittance on Equity Awards (31) (56) (4)
Share Repurchases (99) 0 0
Dividends Paid (36) 0 0
Other Financing Activities (19) (20) (16)
Net Cash Used in Financing Activities (511) (514) (248)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (76) (78) (48)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (88) (49) (1)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 1,063 1,112 1,113
Cash, Cash Equivalents and Restricted Cash at End of Period 975 1,063 1,112
Supplemental Cash Flow Information      
Interest Paid 153 181 220
Income Taxes Paid, Net of Refunds 168 132 86
Supplemental Noncash Information:      
Ordinary Shares Issued for Acquisitions $ 79 $ 0 $ 0