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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net Income (Loss) $ 780 $ (1,250) $ (297)
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:      
Depreciation and Amortization 883 859 795
Amortization and Write-Off of Debt Issuance Costs 14 11 15
Goodwill and Other Asset Impairments (Notes 12 and 13) 0 330 0
Provision for Deferred Income Taxes (471) 23 323
Net Pension Curtailments and Settlements (Note 18) 43 18 6
Net Rationalization Charges (Note 4) 93 159 205
Rationalization Payments (197) (186) (59)
Net (Gains) Losses on Asset Sales (Note 6) (20) 2 (16)
Operating Lease Expense (Note 15) 295 286 292
Operating Lease Payments (Note 15) (278) (268) (267)
Pension Contributions and Direct Payments (91) (56) (79)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:      
Accounts Receivable (300) 132 71
Inventories (982) 713 6
Accounts Payable — Trade 923 26 5
Compensation and Benefits 64 95 184
Other Current Liabilities (11) 26 (50)
Other Assets and Liabilities 193 195 73
Total Cash Flows from Operating Activities 1,062 1,115 1,207
Cash Flows from Investing Activities:      
Acquisition of Cooper Tire, net of cash and restricted cash acquired (Note 2) (1,856) 0 0
Capital Expenditures (981) (647) (770)
Asset Dispositions 14 0 12
Short Term Securities Acquired (118) (96) (113)
Short Term Securities Redeemed 125 96 106
Notes Receivable 16 (13) (7)
Other Transactions 7 (7) (28)
Total Cash Flows from Investing Activities (2,793) (667) (800)
Cash Flows from Financing Activities:      
Short Term Debt and Overdrafts Incurred 1,095 1,651 1,880
Short Term Debt and Overdrafts Paid (1,047) (1,593) (1,933)
Long Term Debt Incurred 9,862 6,251 5,942
Long Term Debt Paid (8,504) (6,059) (6,008)
Common Stock Issued 9 0 1
Common Stock Dividends Paid (Note 21) 0 (37) (148)
Transactions with Minority Interests in Subsidiaries (13) (10) (26)
Debt Related Costs and Other Transactions (93) 0 (15)
Total Cash Flows from Financing Activities 1,309 203 (307)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (38) (1) 1
Net Change in Cash, Cash Equivalents and Restricted Cash (460) 650 101
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 1,624 974 873
Cash, Cash Equivalents and Restricted Cash at End of the Period 1,164 1,624 974
Cooper Tire [Member]      
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:      
Amortization of Inventory Fair Value Adjustment Related to the Cooper Tire Acquisition (Note 2) 110 0 0
Transaction and Other Costs Related to the Cooper Tire Acquisition (Note 2) 56 0 0
Cash Payments for Transaction and Other Costs Related to the Cooper Tire Acquisition $ (42) $ 0 $ 0