Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2022

Supplemental Cash Flow Information

Supplemental Cash Flow Information

20. 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:

	2022		2021		2020
Decrease (increase) in current assets:
Receivables - change in factoring	$	54	$	45	$	(103)
Receivables - all other changes		(137)		(191)		(29)
Inventories		(61)		(32)		75
Prepaid expenses and other		(6)		(15)		(30)
Increase (decrease) in current liabilities:
Accounts payable		146		161		(67)
Accrued liabilities		45		(30)		(43)
Salaries and wages		19		30		24
U.S. and foreign income taxes		35		19		(8)
	$	95	$	(13)	$	(181)

The Company uses various factoring programs to sell certain trade receivables to financial institutions as part of managing its cash flows. At December 31, 2022, 2021 and 2020, the total amount of trade receivables sold by the Company was $535 million, $481 million and $436 million, respectively. These amounts included $158 million, $180 million and $176 million at December 31, 2022, 2021 and 2020, respectively, for trade receivable amounts factored under supply-chain financing programs linked to commercial arrangements with key customers. For the years ended December 31, 2022, 2021 and 2020, the Company recorded expenses related to these factoring programs of $11 million, $6 million and $6 million, respectively.

Income taxes paid in cash were as follows:

	2022		2021		2020
U.S.	$	14	$	9	$	1
Non-U.S.		157		102		90
Total income taxes paid in cash	$	171	$	111	$	91

Interest paid in cash, including note repurchase premiums, for the years ended December 31, 2022, 2021 and 2020 was $234 million, $209 million and $252 million, respectively. Cash interest for the years ended December 31, 2022, 2021 and 2020 included $17 million, $11 million and $41 million of note repurchase premiums, respectively.