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CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net earnings (loss) $ (12) $ 76
Non-cash charges    
Depreciation and amortization 118 125
Pension expense 7 8
Stock-based compensation expense 4 7
Restructuring, asset impairment and related charges 82  
Legacy environmental charge 4  
Gain on sale of miscellaneous assets (6)  
Pension contributions (7) (3)
Cash paid for restructuring activities (28) (10)
Change in components of working capital (314) (492)
Other, net (a) (19) 19
Cash utilized in operating activities (171) (270)
Cash flows from investing activities:    
Cash payments for property, plant and equipment (135) (213)
Net cash proceeds on disposal of other businesses and misc. assets 13  
Net cash proceeds (payments) from hedging activities 2 (2)
Cash utilized in investing activities (120) (215)
Cash flows from financing activities:    
Additions to long-term debt 362 140
Repayments of long-term debt (387) (147)
Increase in short-term loans 9 13
Shares repurchased (10) (10)
Other, net (7) (13)
Cash utilized in financing activities (33) (17)
Effect of exchange rate fluctuations on cash 14 (16)
Change in cash (310) (518)
Cash at beginning of period 734 913
Cash at end of period $ 424 $ 395