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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 154 $ 358
Adjustments to net income:    
Depreciation and amortization 106 93
Loss on impairment 31 0
Employee Benefits and Share-Based Compensation 24 15
Deferred taxes 16 (1)
Other adjustments, net 12 (17)
Receivables (26) (6)
Foreign currency remeasurement and transaction loss (gain) (8) 2
Inventories (12) 4
Prepaid expenses and other current assets (3) (11)
Accounts payable and accrued liabilities 0 28
Income taxes payable, net of receivables 6 39
Net cash provided by operating activities 315 500
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (216) (121)
Investment in affiliates 0 (17)
Other investing activities, net 0 (16)
Net cash used in investing activities (216) (122)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of cash dividend (58) (56)
Repurchase of common stock (61) (188)
Other financing activities (5) (8)
Net cash used in financing activities (124) (252)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1 (2)
Net increase (decrease) in cash, cash equivalents, and restricted cash (23) 124
Cash, cash equivalents and restricted cash at beginning of period 340 222
Cash, cash equivalents and restricted cash at end of period 316 346
Cash paid for income taxes, net 31 80
Cash paid for interest, net 14 14
Unpaid capital expenditures $ 22 $ 17