XML 43 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
Supplemental Cash Flow Information-K
 12 Months Ended
Dec. 31, 2015
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

18.  Supplemental Cash Flow Information

Changes in the components of working capital related to operations (net of the effects related to acquisitions and divestitures) were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

    

2015

    

2014

    

2013

 

Decrease (increase) in current assets:

 

 

 

 

 

 

 

 

 

 

Receivables

 

$
(14)

 

$
59

 

$
18

 

Inventories

 

 
(13)

 

 
(26)

 

 
(30)

 

Prepaid expenses and other

 

 
(4)

 

 
(1)

 

 
3

 

Increase (decrease) in current liabilities:

 

 

 

 

 

 

 

 

 

 

Accounts payable

 

 
100

 

 
103

 

 
128

 

Accrued liabilities

 

 
21

 

 
12

 

 
7

 

Salaries and wages

 

 
12

 

 
(3)

 

 
(2)

 

U.S. and foreign income taxes

 

 
(14)

 

 
(27)

 

 

 

 

 

 

$
88

 

$
117

 

$
124

 

The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. At December 31, 2015 and 2014, the amount of receivables sold by the Company was $317 million and $276 million, respectively. Any continuing involvement with the sold receivables is immaterial.

 

 

 

 

 

 

 

 

 

 

 

 

    

2015

    

2014

    

2013

 

Interest paid in cash

 

$
227

 

$
199

 

$
205

 

Income taxes paid in cash (all non-U.S)

 

 
101

 

 
101

 

 
128

 

Cash interest for the years ended December 31, 2015, 2014 and 2013 includes $32 million, $9 million and $12 million of note repurchase premiums, respectively.