XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net earnings $ 36 $ 29
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 15 14
Deferred income taxes 11 12
Other 0 4
Changes in assets and liabilities:    
Accounts receivable 13 15
Contract assets (80) (126)
Inventories (30) (15)
Prepaid expenses (1) 7
Other current assets (3) (2)
Other noncurrent assets 21 5
Defined benefit obligations 1 (8)
Other current liabilities (14) (16)
Other noncurrent liabilities (21) (5)
Accounts payable (215) (135)
Contract liabilities 12 (28)
Net cash used in operating activities (255) (249)
Investing activities    
Capital expenditures (13) (13)
Repayments received (net of advances) on related party note receivable 0 115
Net cash (used by) provided by investing activities (13) 102
Financing activities    
Net (decrease) increase in third party borrowings (maturities of 90 days or less) (9) (8)
Repayment of related party debt (135) (250)
Borrowings from related parties 285 375
Other 0 (1)
Net cash provided by financing activities 141 116
Effect of exchange rate changes on cash and cash equivalents 0 0
Net (decrease) increase in cash and cash equivalents (127) (31)
Cash and cash equivalents at beginning of year 240 61
Cash and cash equivalents at end of period $ 113 $ 30