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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Net income (loss) $ (78) $ (483) $ (574)
Adjustments to reconcile net loss to cash flows from operating activities:      
Depreciation and amortization 682 716 517
Deferred income taxes (57) (148) (114)
Stock-based compensation expense 59 66 47
Asset impairment and write-down charges 81 345 25
Loss (gain) on sale of assets 5 4 (51)
Loss (gain) on divestitures (3) 1 (170)
Inventory fair value step-up amortization 0 64 90
Loss on extinguishment of debt 20 0 3
Proceeds from interest rate swap settlements 207 0 0
Other non-cash operating activities, net (2) 6 17
Other changes in operating assets and liabilities, net of acquisitions and divestitures:      
Receivables 14 (35) 24
Inventories (269) 29 (95)
Other assets (109) 25 (122)
Accounts payable and other liabilities (98) (116) 362
Other changes in operating assets and liabilities 0 9 0
Net Cash Provided by (Used for) Operating Activities 452 483 (41)
Cash Flows from Investing Activities      
Purchases of property and equipment (137) (126) (135)
Disposals of property and equipment 0 17 72
Purchases of software (34) (33) (176)
Purchases of intangible assets (13) (38) 0
Cash paid for acquisitions, net of cash acquired 0 (342) (5,001)
Divestiture proceeds 13 0 435
Other investing activities, net (8) (8) 26
Net Cash Used for Investing Activities (179) (530) (4,779)
Cash Flows from Financing Activities      
Proceeds from issuance of long-term debt 425 500 4,804
Proceeds from revolving credit facility 563 500 0
Repayments of long-term borrowings (677) (573) (952)
Repayments of revolving credit facility (813) (250) 0
Proceeds from issuance of common stock and tangible equity units 0 0 1,220
Debt issuance costs (2) (2) (102)
Early redemption and tender premiums paid (14) 0 0
Funding related to construction of corporate headquarters (15) 64 0
Other financing activities, net (16) (29) (16)
Net Cash Provided by (Used for) Financing Activities (549) 210 4,954
Effect of exchange rate changes on cash and cash equivalents (17) (31) 27
Net increase (decrease) in cash, cash equivalents and restricted cash (293) 132 161
Cash, cash equivalents and restricted cash at January 1 638 506 345
Cash, cash equivalents and restricted cash at December 31 $ 345 $ 638 $ 506