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CONDENSED CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net earnings $ 55 $ 84
Non-cash charges    
Depreciation and amortization 126 126
Pension expense 9 8
Cash payments    
Pension contributions (13) (11)
Asbestos-related payments   (71)
Cash paid for restructuring activities (8) (15)
Change in components of working capital (461) (697)
Other, net (a) (23) (19)
Cash utilized in operating activities (315) (595)
Cash flows from investing activities:    
Cash payments for property, plant and equipment (120) (121)
Contributions and advances to joint ventures   (15)
Net cash proceeds on disposal of assets   1
Deconsolidation of Paddock (47)  
Other, net 2  
Cash utilized in investing activities (165) (135)
Cash flows from financing activities:    
Changes in borrowings, net 859 589
Issuance of common stock and other (2) (3)
Treasury shares repurchased   (38)
Dividend paid (8) (8)
Cash provided by financing activities 849 540
Effect of exchange rate fluctuations on cash (29) 4
Increase (Decrease) in cash 340 (186)
Cash at beginning of period 551 512
Cash at end of period $ 891 $ 326