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Statement of Combined Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net income (loss) $ (32) $ 46
Adjustments to reconcile net (loss) income to cash (used for) provided from operations:    
Depreciation and amortization 128 127
Deferred income taxes 55 2
Restructuring and other charges (E) 58 40
Net periodic pension benefit cost (G) 39 3
Stock-based compensation 12 18
Amortization of debt issuance costs (M) 21 0
Other 2 3
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (184) (111)
Decrease (Increase) in inventories 92 (65)
(Increase) in prepaid expenses and other current assets (25) (6)
(Decrease) in accounts payable, trade (391) (35)
(Decrease) in accrued expenses (82) (13)
Increase (Decrease) in taxes, including income taxes 54 (5)
Pension contributions (44) (1)
Decrease in noncurrent assets 21 4
Increase in noncurrent liabilities 11 20
Cash (used for) provided from operations (265) 27
Financing Activities    
Net transfers from former parent company 216 10
Separation payment to former parent company (A) (728)  
Additions to debt (original maturities greater than three months) (M) 2,400 0
Debt issuance costs (M) (57) 0
Payments on debt (original maturities greater than three months) (M) (1,100) 0
Cash provided from financing activities 731 10
Investing Activities    
Capital expenditures (44) (82)
Proceeds from the sale of assets and businesses (N) 102 11
Cash provided from (used for) investing activities 58 (71)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1) (1)
Net change in cash and cash equivalents and restricted cash 523 (35)
Cash and cash equivalents and restricted cash at beginning of year 72 81
Cash and cash equivalents and restricted cash at end of period $ 595 $ 46