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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net income $ 136 $ 116
Adjustments to reconcile net income to cash flows from operating activities    
Gain (Loss) on Extinguishment of Debt 19 0
Depreciation and amortization 31 28
Equity income from unconsolidated affiliates, net of distributions (1) (2)
Pension contributions (5) (2)
Stock-based compensation expense 3 5
Other, net 3 1
Change in assets and liabilities    
Accounts receivable 44 7
Inventories (20) (4)
Payables and accrued liabilities (40) (13)
Other assets and liabilities (16) (2)
Total cash provided by operating activities 154 134
Cash flows from investing activities    
Additions to property, plant and equipment (57) (48)
Acquisitions, net of cash acquired (11) (35)
Other investing activities, net (3) (2)
Total cash used in investing activities (71) (85)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 1,132 162
Repayments on borrowings (475) (137)
Repurchases of common stock (60) 0
Payment for Debt Extinguishment or Debt Prepayment Cost 15 0
Cash dividends paid (42) (40)
Other financing activities (3) (5)
Total cash provided by (used in) financing activities 537 (20)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash (4) 0
Increase (decrease) in cash, cash equivalents, and restricted cash 616 29
Cash, cash equivalents, and restricted cash - beginning of period 159 96
Cash, cash equivalents, and restricted cash - end of period $ 775 $ 125