XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Cash Flows [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 22.0 $ 483.0
Adjustments to net income:    
Depreciation and amortization 28.0 32.0
Equity Method Investment, Realized Gain (Loss) on Disposal 0.0 (39.0)
Deferred Income Tax Expense (Benefit) (2.0) 11.0
Other adjustments, net 9.0 5.0
Receivables (8.0) (127.0)
Prepaid expenses and other current assets (2.0) 3.0
Inventories (76.0) (55.0)
Accounts payable and accrued liabilities (66.0) (2.0)
Income taxes payable, net of receivables 30.0 (116.0)
Net cash (used) provided by operating activities (119.0) 425.0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (114.0) (92.0)
Proceeds from Divestiture of Businesses 1.0 59.0
Other investing activities 0.0 1.0
Net cash used in investing activities (113.0) (33.0)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of cash dividend (17.0) (19.0)
Purchase of stock 0.0 (104.0)
Other financing activities (10.0) (15.0)
Net cash used in financing activities (27.0) (137.0)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.0 11.0
Net (decrease) increase in cash, cash equivalents, and restricted cash (257.0) 266.0
Cash, cash equivalents and restricted cash at beginning of period 383.0 371.0
Cash, cash equivalents and restricted cash at end of period 126.0 637.0
Income Taxes Paid, Net 33.0 12.0
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 7.0 4.0
Capital Expenditures Incurred but Not yet Paid $ 28.0 $ 41.0