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Statement of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash from Operations      
Net (loss) income (I) $ (853) $ 893 $ 608
Adjustments to reconcile net (loss) income to cash from operations:      
Depreciation, depletion, and amortization 713 733 752
Deferred income taxes (I & P) 15 (30) 168
Equity earnings, net of dividends (H) 21 17 9
Restructuring and other charges, net (D) 1,031 527 309
Net gain from investing activities—asset sales (T) (3)   (116)
Net periodic pension benefit cost (N) 119 146 111
Stock-based compensation (M) 30 35 24
Provision for bad debt expense 21    
Other 30 (59) 32
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments:      
Decrease (Increase) in receivables 283 (43) (118)
Decrease (Increase) in inventories (I) 137 (306) (279)
Decrease (Increase) in prepaid expenses and other current assets 27 (32) 43
(Decrease) Increase in accounts payable, trade (153) (165) 377
(Decrease) in accrued expenses (175) (319) (563)
(Decrease) Increase in taxes, including income taxes (330) 241 111
Pension contributions (N) (173) (992) (106)
(Increase) in noncurrent assets (24) (101) (99)
(Decrease) in noncurrent liabilities (30) (97) (39)
Cash provided from operations 686 448 1,224
Financing Activities      
Cash paid to former parent company related to separation (A)     (247)
Net change in short-term borrowings (original maturities of three months or less)     7
Additions to debt (original maturities greater than three months) (L)   560 21
Payments on debt (original maturities greater than three months) (L) (7) (135) (60)
Proceeds from the exercise of employee stock options (M) 2 23 43
Repurchase of common stock (M)   (50)  
Financial contributions for the divestiture of businesses (C) (12)    
Contributions from noncontrolling interest (A) 51 149 80
Distributions to noncontrolling interest (472) (827) (342)
Other (6) (8) (8)
Cash used for financing activities (444) (288) (506)
Investing Activities      
Capital expenditures (379) (399) (405)
Proceeds from the sale of assets and businesses (C) 23 1 245
Additions to investments (H) (112) (7) (66)
Cash used for investing activities (468) (405) (226)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (7) (4) 14
Net change in cash and cash equivalents and restricted cash (233) (249) 506
Cash and cash equivalents and restricted cash at beginning of year 1,116 1,365 859
Cash and cash equivalents and restricted cash at end of year $ 883 $ 1,116 $ 1,365