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CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net (loss) income $ (14) [1] $ 28
Depreciation and amortization 35 16
Loss on sale of fixed assets 0 0
Stock-based compensation 15 2
Provision for losses on trade and other accounts receivable 6 0
(Benefit from) provision for deferred income taxes (2) (1)
Equity in earnings of affiliates 0 0
Changes in unrecognized tax benefits 0 0
Amortization of debt issuance costs 1 0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (26) (34)
Inventory, net (19) (2)
Other assets and liabilities (59) (30)
Accounts payable and accrued expenses 31 (9)
Net cash used in operating activities (33) (30)
Cash flows from investing activities:    
Purchases of fixed assets (3) (6)
Payments related to equity investments and business acquisitions, net of cash acquired (25) (8)
Proceeds from sale of fixed assets 0 0
Net cash used in investing activities (29) (14)
Cash flows from financing activities:    
Proceeds from issuance of debt 1,220 0
Principal payments of debt (24) (3)
Debt issuance costs (24) 0
Dividend paid to parent (1,153) 0
Issuance of common shares at separation (including share sale investors) 0 0
Issuance of common shares in connection with the Merger 0 0
Issuance of common shares in connection with options 0 0
Net transfers from Parent 167 51
Distributions to noncontrolling stockholders 0 0
Acquisitions of noncontrolling interests in subsidiaries (70) (1)
Net cash provided by financing activities 117 47
Effect of exchange rate changes on cash and cash equivalents (5) (1)
Net change in cash and cash equivalents 50 2
Cash and cash equivalents, beginning of period 23 17
Cash and cash equivalents, end of period 73 19
Supplemental disclosures of cash flows information:    
Interest 8 0
Income taxes $ 4 $ 3
[1] Net income earned from January 1, 2019 thru February 7, 2019 is attributed to the former parent as it was the sole shareholder prior to February 7, 2019.