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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (18) $ (25)
Adjustments to reconcile to net cash used in operating activities:    
Depreciation and amortization 15 19
Pension income (23) (28)
Change in fair value of embedded conversion features derivative liability [1] 1 14
Net gain on sales of assets/businesses   (1)
Stock based compensation 3 2
Provision for deferred income taxes 1 2
Decrease in trade receivables 25 30
Increase in inventories (11) (27)
Increase (decrease) in trade payables 14 (6)
Decrease in liabilities excluding borrowings and trade payables (27) (9)
Other items, net 8 2
Total adjustments 6 (2)
Net cash used in operating activities (12) (27)
Cash flows from investing activities:    
Additions to properties (3) (10)
Net cash used in investing activities (3) (10)
Cash flows from financing activities:    
Proceeds from borrowings 14  
Repayment of capital leases (1) (1)
Preferred stock dividend payments   (3)
Payment of contingent consideration related to the sale of a business (10)  
Net cash provided by (used in) financing activities 3 (4)
Effect of exchange rate changes on cash 2 5
Net decrease in cash, cash equivalents and restricted cash (10) (36)
Cash, cash equivalents, restricted cash and cash in assets held for sale, beginning of period 267 369
Cash, cash equivalents, restricted cash and cash in assets held for sale, end of period $ 257 $ 333
[1] Refer to Note 23, “Financial Instruments”.