XML 37 R7.htm IDEA: XBRL DOCUMENT v3.20.1
STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES FROM CONTINUING OPERATIONS    
Net income (loss) $ (550) $ 28
Income (loss) from discontinued operations (net of income taxes) 9 (54)
Adjustments to reconcile income from continuing operations to cash flows from operating activities    
Depreciation and amortization 122 163
Original issue discount and debt issuance costs amortization 12 4
Deferred income taxes (28) 2
Stock based compensation expense 8 13
(Income) loss from restricted investments 16 (2)
Excess tax benefit on stock based compensation 1 2
Loss on early retirement of debt 59  
Net (income) loss on divestitures   3
Impairments 530 5
Pension contributions (3) (3)
Gain on pension and other postretirement plan remeasurements   (18)
Change in operating assets and liabilities [1] (163) (137)
Total cash flows provided by operating activities from continuing operations 13 6
CASH FLOWS PROVIDED (USED) BY INVESTING ACTIVITIES FROM CONTINUING OPERATIONS    
Additions to property, plant and equipment (66) (70)
Proceeds from disposal of property, plant and equipment   4
Purchase of operations   (1)
Net purchase of funds restricted for specific transactions (2) (2)
Reimbursement from restricted investments 19 20
Proceeds from sales of securities 10 156
Purchase of securities (10) (156)
Proceeds from the settlement of derivative instruments   2
Payments for the settlement of derivative instruments   (2)
Total cash flows used by investing activities from continuing operations (49) (49)
CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS    
Proceeds from issuance of long-term debt 804  
Repayment of long-term debt (767) (8)
Premium on long-term debt repayment (59)  
Proceeds from (repayment of) short-term debt 306 11
Debt issuance costs (11)  
Cash dividends paid (33) (31)
Stock based compensation employee withholding taxes paid in cash (6) (8)
Total cash flows provided (used) by financing activities from continuing operations 234 (36)
CASH PROVIDED (USED) BY CONTINUING OPERATIONS 198 (79)
Cash provided (used) by discontinued operations    
Operating cash flows (79) (41)
Investing cash flows 1 (8)
Total cash used by discontinued operations (78) (49)
Effect of currency exchange rate changes on cash and cash equivalents 1 (2)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 121 (130)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 232 294
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 353 $ 164
[1] Excludes changes resulting from operations acquired, sold or held for sale.