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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 419 $ 528 $ 296
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 185 172 176
Impairment of goodwill, intangibles and other assets 45 0 0
Equity-settled share-based compensation 163 89 55
Deferred income taxes 21 (94) (36)
Unrealized gain on forward interest rate swaps 0 (31) (9)
Other, net 14 14 3
Changes in operating assets and liabilities:      
Accounts receivable, net (39) (181) 249
Inventories, net 54 105 50
Other assets 6 9 (25)
Accounts payable 1 176 (365)
Accrued liabilities (29) 131 (97)
Deferred revenue 75 (13) 12
Income taxes (1) 68 (168)
Settlement liability 0 (45) (180)
Cash receipts on forward interest rate swaps 0 86 26
Other operating activities 3 (1) 9
Net cash provided by (used in) operating activities 917 1,013 (4)
Cash flows from investing activities:      
Acquisition of businesses, net of cash acquired (1,365) 0 0
Purchases of property, plant and equipment (86) (59) (87)
Proceeds from sale (purchases) of short-term investments 0 5 (4)
Proceeds from the sale of long-term investments 1 0 0
Purchases of long-term investments (5) (3) (1)
Net cash used in investing activities (1,455) (57) (92)
Cash flows from financing activities:      
Proceeds from issuance of debt 347 651 440
Payments of debt (19) (694) (245)
Payment of debt issuance costs, extinguishment costs and discounts 0 (9) 0
Payments for repurchases of common stock (587) (47) (52)
Net payments related to share-based compensation plans (14) (30) (8)
Change in unremitted cash collections from servicing factored receivables 34 (61) (18)
Net cash (used in) provided by financing activities (239) (190) 117
Effect of exchange rate changes on cash and cash equivalents, including restricted cash 1 (3) 0
Net (decrease) increase in cash and cash equivalents, including restricted cash (776) 763 21
Cash and cash equivalents, including restricted cash, at beginning of period 901 138 117
Cash and cash equivalents, including restricted cash, at end of period 125 901 138
Less restricted cash, included in Prepaid expenses and other current assets 0 0 (1)
Cash and cash equivalents at end of period 125 901 137
Supplemental disclosures of cash flow information:      
Income taxes paid 134 124 252
Interest paid, net of forward interest rate swaps $ 129 $ 55 $ 111