XML 20 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities    
Net loss $ (1,009) $ (407)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 1,189 1,397
Amortization and write-off of debt premiums, discounts and issuance costs 42 45
Asset impairments, including loss on assets held for sale 213 17
Goodwill impairments 469 0
Acquisition-related contingent consideration 8 26
Allowances for losses on trade receivable and inventories 51 52
Deferred income taxes (137) (213)
Net gain on sale of assets (2) (1)
Additions to accrued legal settlements 534 147
Payments of accrued legal settlements (144) (82)
Share-based compensation 95 81
Foreign exchange loss 8 14
Gain excluded from hedge effectiveness (17) (17)
Loss on extinguishment of debt 62 51
Payments of contingent consideration adjustments, including accretion (16) 0
Other (33) (7)
Changes in operating assets and liabilities:    
Trade receivables (177) 67
Inventories (62) (178)
Prepaid expenses and other current assets 37 11
Accounts payable, accrued and other liabilities 291 (286)
Net cash provided by operating activities 1,402 717
Cash Flows From Investing Activities    
Purchases of property, plant and equipment (191) (222)
Payments for intangible and other assets (9) (3)
Purchases of marketable securities (14) (3)
Proceeds from sale of marketable securities 11 7
Proceeds from sale of assets and businesses, net of costs to sell 669 21
Interest settlements from cross-currency swaps 23 23
Net cash provided by (used in) investing activities 489 (177)
Cash Flows From Financing Activities    
Issuance of long-term debt, net of discounts 1,576 1,476
Repayments of long-term debt (3,200) (3,162)
Proceeds from the issuances of short-term debt 0 1
Repayments of short-term debt 0 (1)
Payments of employee withholding taxes related to share-based awards (48) (30)
Payments of acquisition-related contingent consideration (77) (30)
Payments of financing costs (48) (39)
Other 9 (6)
Net cash used in financing activities (1,788) (1,791)
Effect of exchange rate changes on cash and cash equivalents (15) (5)
Net increase (decrease) in cash, cash equivalents and restricted cash 88 (1,256)
Cash, cash equivalents and restricted cash, beginning of period 1,816 3,244
Cash, cash equivalents and restricted cash, end of period 1,904 1,988
Cash and cash equivalents 690 977
Restricted cash 1,214 1,011
Cash, cash equivalents and restricted cash, end of period $ 1,904 $ 1,988