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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net Income (Loss) $ (1,798) $ (33)
Adjustments to Reconcile Net Loss to Cash Flows from Operating Activities:    
Depreciation and Amortization 813 800
Amortization and Write-Off of Debt Issuance Costs 17 10
Goodwill and Intangible Asset Impairments (Note 1) 674 125
Provision for Deferred Income Taxes (Note 6) 1,345 (37)
Net Pension Curtailments and Settlements 72 (5)
Net Rationalization Charges (Note 4) 161 52
Rationalization Payments (275) (149)
Net Gains on Asset Sales (Note 2) (700) (95)
Loss (Gain) on Insurance Recoveries for Damaged Property, Plant and Equipment 0 (61)
Operating Lease Expense 238 249
Operating Lease Payments (214) (211)
Pension Contributions and Direct Payments (74) (45)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:    
Accounts Receivable (605) (658)
Inventories (433) (246)
Accounts Payable — Trade (172) (199)
Compensation and Benefits 56 39
Other Current Liabilities 299 (58)
Other Assets and Liabilities (120) (69)
Total Cash Flows from Operating Activities (716) (591)
Cash Flows from Investing Activities:    
Capital Expenditures (649) (912)
Insurance Recoveries for Damaged Property, Plant and Equipment 0 48
Cash Proceeds from Sale and Leaseback Transactions (Note 5) 0 16
Asset Dispositions 1,332 110
Short Term Securities Redeemed 0 2
Long Term Securities Redeemed 4 4
Notes Receivable 5 (28)
Other Transactions (29) 1
Total Cash Flows from Investing Activities 663 (759)
Cash Flows from Financing Activities:    
Short Term Debt and Overdrafts Incurred 856 1,034
Short Term Debt and Overdrafts Paid (855) (803)
Long Term Debt Incurred 13,385 10,315
Long Term Debt Paid (13,289) (9,180)
Common Stock Issued (5) (3)
Transactions with Minority Interests in Subsidiaries (4) (2)
Debt Related Costs and Other Transactions 4 (46)
Total Cash Flows from Financing Activities 92 1,315
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash 27 (10)
Net Change in Cash, Cash Equivalents and Restricted Cash 66 (45)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 864 985
Cash, Cash Equivalents and Restricted Cash at End of the Period $ 930 $ 940