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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net earnings $ 154 $ 85 $ 75
Adjustments to reconcile net earnings (loss) to net cash from operating activities:      
Depreciation and amortization 58 53 51
Deferred income taxes 31 30 12
Other 0 3 3
Changes in assets and liabilities:      
Accounts receivable (54) (35) 9
Contract assets (71) 65 (166)
Inventories 42 (38) (36)
Prepaid expenses 10 (14) (2)
Other current assets 12 3 3
Other noncurrent assets 19 22 19
Defined benefit obligations (13) (9) (1)
Other current liabilities 28 30 (11)
Other noncurrent liabilities (36) (14) (16)
Accounts payable 1 (58) 156
Contract liabilities (3) 2 61
Net cash provided by operating activities 178 125 157
Investing activities      
Capital expenditures (60) (56) (55)
Business acquisitions, net of cash acquired (14) 0 (4)
Proceeds from sales of assets 0 5 8
Net repayments received (advances) on related party note receivable 115 (15) (100)
Cost method investment (2) (4) 0
Net cash provided by (used in) investing activities 39 (70) (151)
Financing activities      
Net (decrease) increase in third party borrowings (maturities of 90 days or less) (18) (11) 16
Repayment of related party debt (950) (1,170) (895)
Borrowings from related parties 930 1,105 880
Other 0 (4) (2)
Net cash used in financing activities (38) (80) (1)
Effect of exchange rate changes on cash and cash equivalents 0 1 1
Net increase (decrease) in cash and cash equivalents 179 (24) 6
Cash and cash equivalents at beginning of year 61 85 79
Cash and cash equivalents at end of period 240 61 85
Supplemental disclosure of non-cash investing and financing activities      
Forgiveness of related party debt 0 300 0
Additions of property plant and equipment and long-term debt for a build-to-suit lease $ 0 $ 49 $ 0