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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income (loss) $ 564 $ (86) $ 235
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss from discontinued operations 50 52 5
Depreciation and amortization 333 330 354
Stock-based compensation expense 107 72 77
Deferred income taxes (355) 14 173
Gain on sale of property, plant and equipment and other assets (6) (2) (3)
Goodwill and Long-Lived Intangible Asset Impairment 2 239 1
Changes in assets and liabilities:      
Receivables (144) (155) 29
Inventories 5 (70) (68)
Current payables and accrued expenses (20) 198 (78)
Deferred service revenue and customer deposits 31 (13) 10
Employee benefit plans 59 (60) (4)
Other assets and liabilities 2 53 21
Net Cash Provided by (Used in) Operating Activities 628 572 752
Investing activities      
Expenditures for property, plant and equipment (91) (143) (128)
Proceeds from Sale of property, plant, and equipment 11 3 6
Additions to capitalized software (238) (170) (166)
Business acquisitions, net (203) (206) (8)
Net change in funds held for clients - investing (15) 0 0
Other investing activities, net 9 (4) 6
Net Cash Provided by (Used in) Investing Activities (527) (520) (290)
Financing activities      
Short term borrowings, net 0 (1) (4)
Payments on term credit facilities (761) (51) (61)
Payments on revolving credit facilities (3,216) (2,233) (1,940)
Repayments of Unsecured Debt 900 0 0
Proceeds from Issuance of Secured Debt 750 0 0
Borrowings on revolving credit facilities 3,535 2,453 1,940
Proceeds from Issuance of Unsecured Debt 1,000 0 0
Debt issuance costs (32) 0 0
Repurchase of Series A Convertible Preferred Stock 302 0 0
Repurchase of company common stock (96) (210) (350)
Tax withholding payments on behalf of employees (29) (36) (31)
Proceeds from employee stock plans 16 20 15
Increase (Decrease) in Client Funds Held (15) 0 0
Payments for Repurchase of Redeemable Noncontrolling Interest (3) 0 0
Other financing activities (8) 0 (3)
Net Cash Provided by (Used in) Financing Activities (31) (58) (434)
Cash flows from discontinued operations      
Net cash used in discontinued operations operating activities (24) (36) (8)
Effect of Exchange Rate changes on cash and cash equivalents (6) (25) 16
Decrease in cash, cash equivalents, and restricted cash 40 (67) 36
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at beginning of period 476 543 507
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period 516 476 543
Cash and Cash Equivalents, at Carrying Value 509 464 537
Restricted Cash 7 12 6
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period 516 476 543
Income Taxes Paid, Net 61 106 98
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 168 $ 160 $ 159