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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Consolidated net income $ 532 $ 514
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 505 482
Deferred income tax expense (benefit) 42 (11)
Interest accretion on landfill and environmental remediation liabilities 32 28
Provision for bad debts 9 10
Equity-based compensation expense 26 25
Net gain on disposal of assets (10) (4)
(Gain) loss from divestitures, asset impairments and other, net (3) 17
Equity in net losses of unconsolidated entities, net of dividends 11 15
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Receivables 138 93
Other current assets (51) (20)
Other assets 22 19
Accounts payable and accrued liabilities (145) 101
Deferred revenues and other liabilities (64) (11)
Net cash provided by operating activities 1,044 1,258
Cash flows from investing activities:    
Acquisitions of businesses, net of cash acquired (34) (9)
Capital expenditures (660) (418)
Proceeds from divestitures of businesses and other assets, net of cash divested 11 5
Other, net (95) (150)
Net cash used in investing activities (778) (572)
Cash flows from financing activities:    
New borrowings 6,885 2,362
Debt repayments (6,548) (2,471)
Common stock repurchase program (350) (250)
Cash dividends (289) (275)
Exercise of common stock options 12 9
Tax payments associated with equity-based compensation transactions (28) (34)
Other, net (1) 24
Net cash used in financing activities (319) (635)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents   1
(Decrease) increase in cash, cash equivalents and restricted cash and cash equivalents (53) 52
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 445 194
Cash, cash equivalents and restricted cash and cash equivalents at end of period $ 392 $ 246