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CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 43 $ 139
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes (5)  
Depreciation 37 35
Amortization of deferred issuance costs 3 3
Foreign exchange loss 3 11
Stock compensation expense 6 9
Pension expense   3
Other 4 6
Changes in assets and liabilities:    
Accounts, notes and other receivables 114 (42)
Inventories (23) (26)
Other assets (11) 14
Accounts payable (231) (14)
Accrued liabilities (16) (48)
Obligations payable to Honeywell (8) (61)
Other liabilities (11) 8
Net cash (used for) provided by operating activities (95) 37
Cash flows from investing activities:    
Expenditures for property, plant and equipment (63) (51)
Other (1) 18
Net cash used for investing activities (64) (33)
Cash flows from financing activities:    
Proceeds from revolving credit facility 1,023 300
Payments of revolving credit facility (904) (300)
Payments of long-term debt (2) (21)
Other (3) 4
Net cash provided by (used for) financing activities 114 (17)
Effect of foreign exchange rate changes on cash and cash equivalents (3) (1)
Net decrease in cash and cash equivalents (48) (14)
Cash and cash equivalents at beginning of period 187 196
Cash and cash equivalents at end of period $ 139 $ 182