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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net Income (Loss) $ 209 $ 780 $ (1,250)
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:      
Depreciation and Amortization 964 883 859
Amortization and Write-Off of Debt Issuance Costs 15 14 11
Goodwill and Other Asset Impairments (Notes 12 and 13) 0 0 330
Provision for Deferred Income Taxes 28 (471) 23
Net Pension Curtailments and Settlements (Note 18) 124 43 18
Net Rationalization Charges (Note 4) 129 93 159
Rationalization Payments (95) (197) (186)
Net (Gains) Losses on Asset Sales (Note 6) (122) (20) 2
Operating Lease Expense (Note 15) 300 295 286
Operating Lease Payments (Note 15) (276) (278) (268)
Pension Contributions and Direct Payments (60) (91) (56)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:      
Accounts Receivable (333) (300) 132
Inventories (1,042) (982) 713
Accounts Payable — Trade 686 923 26
Compensation and Benefits (107) 64 95
Other Current Liabilities (1) (11) 26
Other Assets and Liabilities 104 193 195
Total Cash Flows from Operating Activities 521 1,062 1,115
Cash Flows from Investing Activities:      
Acquisition of Cooper Tire, net of cash and restricted cash acquired (Note 2) 0 (1,856) 0
Capital Expenditures (1,061) (981) (647)
Cash Proceeds from Sale and Leaseback Transaction 108 0 0
Asset Dispositions 52 14 0
Short Term Securities Acquired (75) (118) (96)
Short Term Securities Redeemed 107 125 96
Notes Receivable (16) 16 (13)
Other Transactions (29) 7 (7)
Total Cash Flows from Investing Activities (914) (2,793) (667)
Cash Flows from Financing Activities:      
Short Term Debt and Overdrafts Incurred 1,321 1,095 1,651
Short Term Debt and Overdrafts Paid (1,295) (1,047) (1,593)
Long Term Debt Incurred 10,503 9,862 6,251
Long Term Debt Paid (9,947) (8,504) (6,059)
Common Stock Issued (6) 9 0
Common Stock Dividends Paid (Note 21) 0 0 (37)
Transactions with Minority Interests in Subsidiaries (9) (13) (10)
Debt Related Costs and Other Transactions 8 (93) 0
Total Cash Flows from Financing Activities 575 1,309 203
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (35) (38) (1)
Net Change in Cash, Cash Equivalents and Restricted Cash 147 (460) 650
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 1,164 1,624 974
Cash, Cash Equivalents and Restricted Cash at End of the Period 1,311 1,164 1,624
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) 0 110 0
Transaction and Other Costs Related to the Cooper Tire Acquisition (Note 2) 0 56 0
Cash Payments for Transaction and Other Costs Related to the Cooper Tire Acquisition $ (2) $ (42) $ 0