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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities      
Net earnings $ 380 $ 266 $ 303
Adjustments to reconcile net earnings to cash provided by (used in) continuing operating activities:      
Depreciation and amortization 729 453 286
Business consolidation and other activities 221 337 195
Deferred tax provision (benefit) 82 (293) (62)
Other, net (268) (60) 145
Working capital changes, excluding effects of acquisitions (a):      
Receivables (189) (53) 35
Inventories (66) 30 97
Other current assets 12 65 10
Accounts payable 639 (55) 125
Accrued employee costs 5 (14) (36)
Other current liabilities (18) (481) (107)
Other, net (49) (1) 16
Total cash provided by (used in) operating activities 1,478 194 1,007
Cash Flows from Investing Activities      
Capital expenditures (556) (606) (528)
Business acquisitions, net of cash acquired   (3,379) (29)
Proceeds from dispositions, net of cash sold (2) 2,938 1
Restricted cash, net   1,966 (2,183)
Settlement of Rexam acquisition related derivatives   (252) (16)
Other, net 13 5 34
Cash provided by (used in) investing activities (545) 672 (2,721)
Cash Flows from Financing Activities      
Long-term borrowings 765 4,370 4,524
Repayments of long-term borrowings (1,810) (4,624) (2,430)
Net change in short-term borrowings 184 23 (93)
Proceeds from issuances of common stock 27 48 36
Acquisitions of treasury stock (103) (107) (136)
Common dividends (129) (83) (72)
Other, net (7) (14) (92)
Cash provided by (used in) financing activities (1,073) (387) 1,737
Effect of exchange rate changes on cash (9) (106) 10
Change in cash and cash equivalents (149) 373 33
Cash and cash equivalents – beginning of year 597 224 191
Cash and cash equivalents – end of year $ 448 $ 597 $ 224