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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net Income $ 12 $ 244
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:    
Depreciation and Amortization 389 392
Amortization and Write-Off of Debt Issuance Costs 9 8
Provision for Deferred Income Taxes (31) (55)
Net Pension Curtailments and Settlements 0 3
Net Rationalization Charges (Note 3) 107 35
Rationalization Payments (33) (131)
Net (Gains) Losses on Asset Sales (Note 4) (6) 0
Operating Lease Expense (Note 8) 148  
Operating Lease Payments (Note 8) (134)  
Pension Contributions and Direct Payments (32) (42)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:    
Accounts Receivable (445) (475)
Inventories (233) (222)
Accounts Payable — Trade (55) 253
Compensation and Benefits 61 (30)
Other Current Liabilities (37) (100)
Other Assets and Liabilities (11) 36
Total Cash Flows from Operating Activities (291) (84)
Cash Flows from Investing Activities:    
Capital Expenditures (401) (442)
Asset Dispositions (Note 4) 2 2
Short Term Securities Acquired (67) (30)
Short Term Securities Redeemed 67 38
Notes Receivable (7) 0
Other Transactions (13) (38)
Total Cash Flows from Investing Activities (419) (470)
Cash Flows from Financing Activities:    
Short Term Debt and Overdrafts Incurred 983 1,012
Short Term Debt and Overdrafts Paid (908) (920)
Long Term Debt Incurred 3,479 3,544
Long Term Debt Paid (2,628) (2,933)
Common Stock Issued 1 3
Common Stock Repurchased (Note 14) 0 (100)
Common Stock Dividends Paid (Note 14) (74) (67)
Transactions with Minority Interests in Subsidiaries (25) (26)
Debt Related Costs and Other Transactions (17) 6
Total Cash Flows from Financing Activities 811 519
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash 6 (25)
Net Change in Cash, Cash Equivalents and Restricted Cash 107 (60)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 873 1,110
Cash, Cash Equivalents and Restricted Cash at End of the Period $ 980 $ 1,050