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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.