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CONDENSED CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net earnings (loss) $ 122 $ (91)
Non-cash charges    
Depreciation and amortization 116 115
Pension expense 8 8
Charge related to Paddock support agreement liability   154
Gain on sale of divested business (55)  
Cash payments    
Pension contributions (6) (18)
Cash paid for restructuring activities (4) (3)
Change in components of working capital (259) (229)
Other, net (a) [1] 5 8
Cash utilized in operating activities (73) (56)
Cash flows from investing activities:    
Cash payments for property, plant and equipment (96) (93)
Cash proceeds on disposal of other businesses and misc. assets 96 4
Cash proceeds on sale of ANZ businesses, net of transaction costs   58
Other (2)  
Cash utilized in investing activities (2) (31)
Cash flows from financing activities:    
Changes in borrowings, net (112) 290
Payment of finance fees (20)  
Shares repurchased (10)  
Net cash payments for hedging activity (7)  
Issuance of common stock and other (3) (2)
Cash provided by (utilized in) financing activities (152) 288
Effect of exchange rate fluctuations on cash 21 (22)
Change in cash (206) 179
Cash at beginning of period 725 563
Cash at end of period $ 519 $ 742
[1] Other, net includes other non-cash charges plus other changes in non-current assets and liabilities.