XML 17 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities    
Net income $ 72 $ 65
Adjustments to reconcile income to cash flows from operating activities    
Depreciation and amortization 9 9
Debt issuance cost amortization 1 0
Equity income from affiliates (4) (3)
Distributions from equity affiliates 0 4
Pension contributions (3) (1)
Gain on pension and other postretirement plan remeasurements (8) 0
Stock-based compensation expense 1 0
Change in assets and liabilities    
Accounts receivable [1] 10 13
Inventories [1] (2) (2)
Payables and accrued liabilities [1] 23 (37)
Other assets and liabilities [1] (11) (8)
Total cash provided by operating activities 88 40
Cash flows from investing activities    
Additions to property, plant and equipment (9) (5)
Purchase of operations - net of cash acquired 0 (4)
Other investing activities (1) 0
Total cash used in investing activities (10) (9)
Cash flows from financing activities    
Net transfers to parent (2) (31)
Proceeds from borrowings 75 0
Repayments on borrowings (79) 0
Cash dividends paid (10) 0
Total cash used in financing activities (16) (31)
Effect of currency exchange rate changes on cash and cash equivalents 2 0
Increase in cash and cash equivalents 64 0
Cash and cash equivalents - beginning of period 172 0
Cash and cash equivalents - end of period $ 236 $ 0
[1] Excludes changes resulting from operations acquired or sold.