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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities:    
Net (loss) income $ (689) $ 97
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 75 62
Gain on sales of assets, net (62) (31)
Impairment loss and casualty gain, net 694  
Equity in (loss) earnings from investments in affiliates 1 (5)
Loss on foreign currency transactions 2  
Other gain, net (1) (1)
Share-based compensation expense 2 4
Amortization of deferred financing costs 1 1
Distributions from unconsolidated affiliates 4 6
Deferred income taxes   (1)
Changes in operating assets and liabilities (40) (60)
Net cash (used in) provided by operating activities (13) 72
Investing Activities:    
Capital expenditures for property and equipment (26) (64)
Proceeds from asset dispositions, net 205 65
Insurance proceeds for property damage claims 1 1
Net cash provided by investing activities 180 2
Financing Activities:    
Borrowings under Revolver 1,000  
Repayment of debt (2)  
Dividends paid (136) (201)
Distributions to noncontrolling interests (1) (3)
Tax withholdings on share-based compensation (6) (5)
Repurchase of common stock (66)  
Net cash provided by (used in) financing activities 789 (209)
Net increase (decrease) in cash and cash equivalents and restricted cash 956 (135)
Cash and cash equivalents and restricted cash, beginning of period 386 425
Cash and cash equivalents and restricted cash, end of period 1,342 290
Non-cash financing activities:    
Dividends declared but unpaid $ 106 $ 90