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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net Income $ 598 $ 455
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:    
Depreciation and Amortization 589 586
Amortization and Write-Off of Debt Issuance Costs 11 17
Provision for Deferred Income Taxes 59 33
Net Pension Curtailments and Settlements 13 13
Net Rationalization Charges (Note 3) 40 102
Rationalization Payments (151) (96)
Net (Gains) Losses on Asset Sales (Note 4) (1) (14)
Gain on TireHub Transaction, Net of Transaction Costs (Note 4) (273) 0
Pension Contributions and Direct Payments (56) (67)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:    
Accounts Receivable (807) (807)
Inventories (254) (254)
Accounts Payable — Trade 235 5
Compensation and Benefits 7 (27)
Other Current Liabilities (119) (51)
Other Assets and Liabilities 85 (49)
Total Cash Flows from Operating Activities (24) (154)
Cash Flows from Investing Activities:    
Capital Expenditures (615) (683)
Asset Dispositions (Note 4) 2 9
Short Term Securities Acquired (61) (51)
Short Term Securities Redeemed 61 51
Notes Receivable (50) 0
Other Transactions (1) (1)
Total Cash Flows from Investing Activities (664) (675)
Cash Flows from Financing Activities:    
Short Term Debt and Overdrafts Incurred 1,458 544
Short Term Debt and Overdrafts Paid (1,267) (523)
Long Term Debt Incurred 4,704 4,972
Long Term Debt Paid (3,992) (4,193)
Common Stock Issued 4 12
Common Stock Repurchased (Note 13) (200) (205)
Common Stock Dividends Paid (Note 13) (100) (75)
Transactions with Minority Interests in Subsidiaries (27) (6)
Debt Related Costs and Other Transactions (3) (69)
Total Cash Flows from Financing Activities 577 457
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (37) 51
Net Change in Cash, Cash Equivalents and Restricted Cash (148) (321)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 1,110 1,189
Cash, Cash Equivalents and Restricted Cash at End of the Period $ 962 $ 868