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CONDENSED CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net earnings $ 378 $ 33
Non-cash charges    
Depreciation and amortization 232 232
Pension expense 16 16
Charge related to Paddock support agreement liability   154
Brazil indirect tax credit   (69)
Restructuring, asset impairment and related charges 11 8
Gain on sale of divested business (55)  
Gain on sale leaseback (182)  
Cash payments    
Pension contributions (12) (24)
Cash paid for restructuring activities (8) (10)
Change in components of working capital (250) (229)
Other, net (a) [1] (10) 32
Cash provided by operating activities 120 143
Cash flows from investing activities:    
Cash payments for property, plant and equipment (199) (175)
Contributions and advances to joint ventures (11)  
Cash proceeds on disposal of other businesses and misc. assets 96 8
Cash proceeds on sale leaseback 190  
Cash proceeds on sale of ANZ businesses, net of transaction costs   58
Other (10)  
Cash provided by (utilized in) investing activities 66 (109)
Cash flows from financing activities:    
Changes in borrowings, net (213) (26)
Payment of finance fees (20)  
Shares repurchased (20) (20)
Net cash receipts (payments) for hedging activity 38 (10)
Distributions to non-controlling interests (26) (10)
Issuance of common stock and other (2) (2)
Cash utilized in financing activities (243) (68)
Effect of exchange rate fluctuations on cash (7) 2
Change in cash (64) (32)
Cash at beginning of period 725 563
Cash at end of period $ 661 $ 531
[1] Other, net includes other non-cash charges plus other changes in non-current assets and liabilities.