XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Statement of Cash Flows [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 1,093 $ 1,182
Adjustments to net income:    
Depreciation and amortization 99 88
Equity Method Investment, Realized Gain (Loss) on Disposal (157) 0
Deferred Income Tax Expense (Benefit) 27 15
Gain (Loss) on Extinguishment of Debt 0 11
Other adjustments, net 34 7
Receivables (20) (59)
Prepaid expenses and other current assets (11) (5)
Inventories (72) (66)
Accounts payable and accrued liabilities 40 64
Income taxes payable, net of receivables (70) (46)
Net cash provided by operating activities 1,103 1,283
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (282) (133)
Proceeds from Divestiture of Businesses 265 0
Other investing activities 3 3
Net cash used in investing activities (14) (131)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Issuance of Long-term Debt 0 350
Repayments of Long-term Debt 0 (359)
Payment of cash dividend (53) (50)
Purchase of stock (900) (987)
Other financing activities (15) (12)
Net cash used in financing activities (968) (1,058)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (11) (10)
Net increase in cash, cash equivalents, and restricted cash 111 84
Cash, cash equivalents and restricted cash at beginning of period 371 535
Cash, cash equivalents and restricted cash at end of period 482 620
Income Taxes Paid, Net 242 305
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 14 16
Capital Expenditures Incurred but Not yet Paid $ 44 $ 42