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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ (344,000,000) $ (15,796,000,000) $ 277,000,000
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation and amortization 1,105,000,000 1,317,000,000 1,418,000,000
Loss (gain) on equity securities 845,000,000 (1,417,000,000) 0
Provision for deferred income taxes 157,000,000 143,000,000 51,000,000
Property, plant and equipment impairment 7,000,000 461,000,000 107,000,000
Goodwill impairment 0 14,717,000,000 0
Intangible assets impairment 0 729,000,000 0
Loss on business dispositions 0 353,000,000 138,000,000
Inventory impairment 0 246,000,000 0
Changes in operating assets and liabilities:      
Current receivables (91,000,000) 676,000,000 (521,000,000)
Inventories 170,000,000 (80,000,000) (200,000,000)
Accounts payable 246,000,000 (711,000,000) 261,000,000
Progress collections and deferred income (72,000,000) 396,000,000 1,147,000,000
Contract and other deferred assets 262,000,000 (69,000,000) (60,000,000)
Other operating items, net 85,000,000 336,000,000 (450,000,000)
Net cash flows from operating activities 2,370,000,000 1,301,000,000 2,168,000,000
Cash flows from investing activities:      
Expenditures for capital assets (856,000,000) (974,000,000) (1,240,000,000)
Proceeds from disposal of assets 315,000,000 187,000,000 264,000,000
Proceeds from business dispositions 70,000,000 187,000,000 77,000,000
Net cash paid for business interests (179,000,000) (26,000,000) (176,000,000)
Other investing items, net 187,000,000 8,000,000 30,000,000
Net cash flows used in investing activities (463,000,000) (618,000,000) (1,045,000,000)
Cash flows from financing activities:      
Net repayments of short-term debt (41,000,000) (204,000,000) (542,000,000)
Proceeds from the issuance of long-term debt 1,250,000,000 500,000,000 525,000,000
Proceeds from (repayment of) commercial paper (832,000,000) 737,000,000 0
Repayments of long-term debt (1,313,000,000) (42,000,000) (570,000,000)
Distributions to Members (748,000,000) (744,000,000) (745,000,000)
Repurchase of common units (434,000,000) 0 (250,000,000)
Other financing items, net (24,000,000) (22,000,000) 48,000,000
Net cash flows from (used in) financing activities (2,142,000,000) 225,000,000 (1,534,000,000)
Effect of currency exchange rate changes on cash and cash equivalents (47,000,000) (28,000,000) (21,000,000)
Increase (decrease) in cash and cash equivalents (282,000,000) 880,000,000 (432,000,000)
Cash and cash equivalents, beginning of period 4,125,000,000 3,245,000,000 3,677,000,000
Cash and cash equivalents, end of period $ 3,843,000,000 $ 4,125,000,000 $ 3,245,000,000