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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ 34 $ 155
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization 75 77
Loss on sale of business and asset impairment charge 204  
Gain on bargain purchase of a business (24)  
Deferred tax provision (benefit) (45) 1
Employee benefit plan settlement   6
Equity in earnings of affiliated companies (4) (1)
Non-cash compensation 11 10
Other non-cash (income) expense 8 19
Cash dividends received from equity affiliates   1
Changes in assets and liabilities:    
Accounts and notes receivable (161) (155)
Inventories (177) (80)
Prepaid expenses and other assets (55) (8)
Accounts payable and accrued liabilities 84 56
Income taxes payable 10 12
Other liabilities 1 (7)
Cash provided (used) by operating activities (39) 86
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (71) (69)
Proceeds from sale of business 79  
Cash assumed from acquisition of business (5)  
Other 2 3
Cash provided (used) by investing activities 15 (66)
Cash Flows from Financing Activities:    
Proceeds from short-term borrowings 13  
Proceeds from issuance (repayments) of commercial paper, net 167 31
Proceeds from long-term debt   100
Repayments of long-term debt (7) (117)
Purchases of common stock (34) (2)
Proceeds from sales of common stock 3 2
Cash dividends paid to noncontrolling interests (15) (1)
Cash dividends paid to common stockholders (42) (40)
Cash provided (used) by financing activities 85 (27)
Effects of exchange rate changes on cash (16) 6
Increase (decrease) in cash, cash equivalents and restricted cash 45 (1)
Cash, cash equivalents and restricted cash at beginning of period 170 151
Cash, cash equivalents and restricted cash at end of period $ 215 $ 150