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CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows used for operating activities:    
Net (loss) income $ (21) $ 48
Adjustments to reconcile net (loss) income to net cash used for operating activities:    
Depreciation and amortization 21 16
Restructuring charges, net of payments 5  
Stock compensation expense [1] 7 7
Other 12 3
Changes in assets and liabilities:    
Accounts receivable (17) (17)
Inventories – net (6) (72)
Other current assets 10 (16)
Accounts payable (1) 70
Accrued liabilities (80) (6)
Obligations payable to Honeywell (2) (49)
Other (2) 6
Net cash used for operating activities (74) (10)
Cash flows used for investing activities:    
Expenditures for property, plant, equipment and other intangibles (16) (15)
Cash paid for acquisitions, net of cash acquired (35) (6)
Net cash used for investing activities (51) (21)
Cash flows provided by (used for) financing activities:    
Net proceeds from revolving credit facility 350  
Repayment of long-term debt   (6)
Non-operating obligations paid to Honeywell, net   (15)
Tax payments related to stock vestings (1) (2)
Net cash provided by (used for) financing activities 349 (23)
Effect of foreign exchange rate changes on cash and cash equivalents (8) 1
Net increase (decrease) in cash and cash equivalents 216 (53)
Cash and cash equivalents at beginning of period 122 265
Cash and cash equivalents at end of period $ 338 $ 212
[1] Stock compensation expense adjustment includes only non-cash expenses.