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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 358 $ 119
Adjustments to net income:    
Depreciation and amortization 93 87
Impairment of goodwill and long-lived assets 0 25
Gain on asset sales 0 6
Loss due to settlement 0 6
Deferred taxes (1) 44
Foreign currency remeasurement and transaction loss (gain) (2) 20
Other adjustments, net (2) 28
Receivables (6) (52)
Inventories 4 (46)
Prepaid expenses and other current assets (11) (5)
Accounts payable and accrued liabilities 28 (36)
Income taxes payable, net of receivables (39) 26
Net cash provided by operating activities 500 157
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (121) (236)
Acquisition of facility assets 0 (80)
Proceeds from sales of assets 0 9
Payments to Acquire Interest in Subsidiaries and Affiliates (17) 0
Other investing activities 16 (4)
Net cash used in investing activities (122) (312)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowing of long-term debt 0 80
Repayment of long-term debt 0 (80)
Payment of cash dividend (56) (52)
Repurchase of common stock (188) 0
Other financing activities (8) (10)
Net cash used in financing activities (252) (61)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (2) (6)
Net increase (decrease) in cash, cash equivalents, and restricted cash 124 (223)
Cash, cash equivalents and restricted cash at beginning of period 222 383
Cash, cash equivalents and restricted cash at end of period 346 160
Cash paid for income taxes, net 80 49
Cash paid for interest, net 14 14
Unpaid capital expenditures $ 17 $ 17