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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (1,015) $ 152
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation, depletion and amortization 348 416
Impairments and other charges 1,073 61
Changes in assets and liabilities:    
Receivables (371) (339)
Accounts payable 250 60
Inventories (79) (236)
Other operating activities 19 (158)
Total cash flows provided by operating activities 225 (44)
Cash flows from investing activities:    
Capital expenditures (213) (437)
Proceeds from sales of property, plant and equipment 69 43
Other investing activities (21) (17)
Total cash flows used in investing activities (165) (411)
Cash flows from financing activities:    
Payments on long-term borrowings (1,651) (8)
Proceeds from issuance of long-term debt, net 994 0
Dividends to shareholders (158) (157)
Stock repurchase program (100) 0
Other financing activities 12 10
Total cash flows used in financing activities (903) (155)
Effect of exchange rate changes on cash (40) (18)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (883) (628)
Cash and equivalents at beginning of period 2,268 2,008
Cash and equivalents at end of period 1,385 1,380
Cash payments during the period for:    
Interest 144 128
Income taxes $ 116 $ 81