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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash provided by (used in) operating activities    
Net income $ 26 $ 17
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 24 21
Deferred income taxes 28 (1)
Unrealized (gains) losses on derivatives 4 (7)
Stock compensation expense 1  
Change in assets and liabilities:    
Accounts receivable, net (303) 3
Other receivables (1) 8
Related party receivables 9 (88)
Inventories (16) (59)
Accounts payable 10 (11)
Related party payables (20) (18)
Related party accrued interest payable (18) 53
Income taxes payable 11 6
Accrued and other current liabilities (7) (20)
Net cash used in operating activities (255) (96)
Other assets and liabilities (3)  
Cash (used in) provided by investing activities    
Acquisition of property, plant and equipment (23) (15)
Advances to related parties   (50)
Repayments from related parties   137
Net cash (used in) provided by investing activities (23) 72
Cash provided by (used in) financing activities    
Proceeds from long-term debt, net of discounts 2,472  
Repayments of RGHL Group Credit Agreement (8) (4)
Advances from related parties 240 12
Repayments to related parties (3,627) (6)
Deferred debt transaction costs (28)  
Proceeds from IPO settlement facility 1,168  
Repayment of IPO settlement facility (1,168)  
Issuance of common stock 1,410  
Equity issuance costs (69)  
Net transfers from (to) Parent (14) 4
Net cash provided by financing activities 376 6
Net increase (decrease) in cash and cash equivalents 98 (18)
Cash and cash equivalents at beginning of period 102 23
Cash and cash equivalents at end of period $ 200 $ 5