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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net (loss) income $ (384) $ 113
Adjustments to reconcile net income to cash used for operating activities:    
Depreciation and amortization 180 145
Gain on sales of assets and businesses (1) (3)
Equity in earnings of affiliates, net (16) (20)
Amortization of debt issuance costs and issue discounts 6 6
Deferred tax provision (benefit) 84 (15)
Asset-related charges 11  
Stock-based compensation expense 12 7
Net periodic pension cost   2
Defined benefit plan contributions (8) (7)
Other operating charges and credits, net 14 (18)
Decrease (increase) in operating assets:    
Accounts and notes receivable, net (174) (287)
Inventories and other current operating assets (42) (9)
Other non-current operating assets 64 52
(Decrease) increase in operating liabilities:    
Accounts payable (87) (175)
Other current operating liabilities 83 (690)
Other non-current operating liabilities 239 (11)
Cash used for operating activities (19) (910)
Cash flows from investing activities    
Purchases of property, plant, and equipment (127) (175)
Proceeds from sales of assets and businesses 1 3
Foreign exchange contract settlements, net (2) (1)
Other investing activities   2
Cash used for investing activities (128) (171)
Cash flows from financing activities    
Proceeds from issuance of debt, net 95  
Debt repayments (111) (5)
Payments of debt issuance cost (4)  
Payments on finance leases (7) (6)
Proceeds from supplier financing program 47 47
Payments to supplier financing program (53) (61)
Proceeds from exercised stock options, net   8
Payments related to tax withholdings on vested stock awards (1) (3)
Payments of dividends to the Company's common shareholders (50) (74)
Cash used for financing activities (84) (94)
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents 21 (13)
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents (210) (1,188)
Cash, cash equivalents, restricted cash and restricted cash equivalents at January 1, 763 1,807
Cash, cash equivalents, restricted cash and restricted cash equivalents at June 30, 553 619
Non-cash investing and financing activities:    
Purchases of property, plant, and equipment included in accounts payable $ 26 $ 44