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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Activities        
Net (loss) income $ (194) $ 143 $ 7 $ 284
Adjusted for the following items:        
Adjustments for depreciation and amortisation expense 67 77 143 156
Mark-to-market on hedging items, provisions and other 35 18 48 27
Adjustments for remeasurement of exchangeable and class B shares 238 0 140 0
Deferred income tax expense (recovery) 17 24 66 48
Changes in non-cash working capital, net 5 (7) (56) 4
Cash from operating activities 168 255 348 519
Investing Activities        
Purchase of long lived assets (63) (103) (184) (198)
Cash used by investing activities (63) (103) (184) (198)
Financing Activities        
Dividends paid to Parent, classified as financing activities 0 39 33 72
Distributions to non-controlling interest (87) (108) (188) (204)
Proceeds from subsidiary borrowings 0 51 435 108
Repayment of subsidiary borrowings 0 (21) (380) (41)
Cash from financing activities (87) (117) (166) (209)
Cash and cash equivalents        
Change during the year 18 35 (2) 112
Impact of foreign exchange on cash 0 3 (41) 1
Balance, beginning of year 143 174 204 99
Balance, end of year $ 161 $ 212 $ 161 $ 212