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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income (loss) $ 93 $ (42)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 57 60
Deferred income taxes 7 3
Noncash restructuring and impairment charges 2 5
Noncash legal settlement (10) 0
Noncash (gain) loss on foreign currency transactions (6) 4
Noncash loss on disposal of businesses/assets, net 0 1
Other, net 3 5
Changes in operating assets and liabilities:    
Accounts receivable (123) (81)
Inventories (104) 13
Prepaid expenses 2 9
Other current assets (7) 0
Other noncurrent assets (4) (30)
Accounts payable 86 45
Accrued liabilities (4) (2)
Other noncurrent liabilities (5) 5
Net cash used in operating activities (13) (5)
Investing Activities:    
Capital expenditures (32) (27)
Cash received from unconsolidated affiliates 26 16
Investment in unconsolidated affiliates (30) (16)
Proceeds from sale of business/assets 0 6
Net cash used in investing activities (36) (21)
Financing Activities:    
Net proceeds (repayments) on short-term debt 3 (2)
Repayment of third-party debt (3) (2)
Proceeds from the termination of cross currency swap contracts 8 0
Dividends paid to noncontrolling interests (3) (3)
Other financing activities 0 (4)
Net cash provided by (used in) financing activities 5 (11)
Effect of exchange rate changes on cash (3) (1)
Net change in cash and cash equivalents (47) (38)
Cash and cash equivalents at beginning of period 156 220
Cash and cash equivalents at end of period 109 182
Supplemental cash flow information:    
Cash paid for interest excluding hedging activity 30 31
Cash paid for income taxes 4 4
Supplemental disclosure of noncash activities:    
Capital expenditures included in accounts payable as of June 30, 2022 and 2021, respectively. $ 7 $ 20