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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating Activities        
Net (loss) income $ 65 $ (194) $ (21) $ 7
Adjusted for the following items:        
Adjustments for depreciation and amortisation expense 70 67 145 143
Mark-to-market on hedging items, provisions and other (141) 35 (120) 48
Adjustments for remeasurement of exchangeable and class B shares 103 238 276 140
Deferred income tax expense (recovery) 122 17 140 66
Changes in non-cash working capital, net 16 5 (61) (56)
Cash from operating activities 235 168 359 348
Investing Activities        
Cash flows from losing control of subsidiaries or other businesses 817 0 817 0
Purchase of long lived assets (101) (63) (196) (184)
Cash receipts from futures contracts, forward contracts, option contracts and swap contracts (76) 0 (76) 0
Cash used by investing activities 640 (63) 545 (184)
Financing Activities        
Dividends paid to Parent, classified as financing activities 0 0 0 33
Distributions to non-controlling interest (175) (87) (281) (188)
Acquisition of partial interest from non-controlling interest (283) 0 (283) 0
Proceeds from subsidiary borrowings 331 0 377 435
Repayment of subsidiary borrowings (193) 0 (211) (380)
Repayment of Intercompany Borrowings (340) 0 (340) 0
Cash from financing activities (660) (87) (738) (166)
Cash and cash equivalents        
Change during the year 215 18 166 (2)
Impact of foreign exchange on cash 31 0 12 (41)
Balance, beginning of year 124 143 192 204
Balance, end of year $ 370 $ 161 $ 370 $ 161