Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Dec 31 2022) 12 Months |
(Dec 31 2021) 12 Months |
(Dec 31 2020) 12 Months |
(Dec 31 2019) 12 Months |
Income |
296.00 |
463.00 |
837.00 |
504.00 |
544.00 |
Depreciation & amortization |
176.00 |
204.00 |
187.00 |
146.00 |
175.00 |
Amortization of Other Assets |
- |
- |
2.00 |
3.00 |
6.00 |
Increase (Decrease) in Deferred Revenue
|
12.00 |
60.00 |
113.00 |
103.00 |
71.00 |
Asset Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
50.00 |
-341.00 |
18.00 |
-42.00 |
51.00 |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal |
- |
- |
- |
- |
- |
Share-based Compensation |
55.00 |
88.00 |
76.00 |
51.00 |
48.00 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Gains (Losses) on Extinguishment of Debt |
- |
- |
- |
- |
1.00 |
Impairment Of Investments |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Assets |
- |
- |
- |
- |
- |
Increase Decrease In Litigation Settlement |
-180.00 |
225.00 |
- |
- |
- |
Income taxes |
-36.00 |
-210.00 |
-69.00 |
-40.00 |
-42.00 |
Unrealized Gain (Loss) on Derivatives |
17.00 |
-89.00 |
-30.00 |
33.00 |
16.00 |
Increase (Decrease) in Accounts Receivable |
249.00 |
-5.00 |
-239.00 |
130.00 |
-96.00 |
Increase (Decrease) in Accounts Payable |
-365.00 |
92.00 |
96.00 |
47.00 |
-5.00 |
Increase (Decrease) in Accrued Liabilities |
-97.00 |
-51.00 |
110.00 |
16.00 |
-18.00 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-16.00 |
-61.00 |
-32.00 |
15.00 |
-35.00 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-165.00 |
113.00 |
- |
-4.00 |
-31.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-4.00 |
488.00 |
1,069.00 |
962.00 |
685.00 |
Capital Expenditures |
-87.00 |
-75.00 |
-59.00 |
-67.00 |
-61.00 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Payments to Acquire Short-term Investments |
-4.00 |
- |
-1.00 |
- |
- |
Short-term Investments Acq. |
- |
- |
- |
- |
- |
Real Estate Investments |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments to Acquire Long-term Investments |
-1.00 |
-12.00 |
-34.00 |
-26.00 |
-12.00 |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
-881.00 |
-452.00 |
-548.00 |
-262.00 |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-92.00 |
-968.00 |
-546.00 |
-641.00 |
-335.00 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
-1.00 |
-7.00 |
Long-term debt - borrowings |
440.00 |
1,284.00 |
46.00 |
302.00 |
637.00 |
Long-term debt - repayments |
-245.00 |
-247.00 |
-303.00 |
-342.00 |
-949.00 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-52.00 |
-751.00 |
-57.00 |
-200.00 |
-47.00 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-116.00 |
-332.00 |
-180.00 |
103.00 |
- |
Payment Tax Withholding Sharebased Payment Arrangement Net Of Proceeds From Share Based Payment Awards |
-8.00 |
-14.00 |
-56.00 |
-25.00 |
-32.00 |
Proceeds From Servicing Factored Receivables Unremitted Cash Collections |
- |
- |
- |
- |
33.00 |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
117.00 |
344.00 |
192.00 |
30.00 |
- |
Restricted Cash And Cash Equivalents |
-1.00 |
-12.00 |
-12.00 |
-24.00 |
- |
Proceeds From Payments For Servicing Factored Receivables Unremitted Cash Collections |
-18.00 |
-11.00 |
-1.00 |
- |
- |
Payment Of Debt Issuance Costs Extinguishment Costs And Discounts |
- |
-8.00 |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
117.00 |
253.00 |
-371.00 |
-157.00 |
-365.00 |
Effect of exchange rate on cash flow |
- |
- |
- |
-2.00 |
1.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-91.00 |
413.00 |
1,010.00 |
895.00 |
624.00 |
Total Cash Flow |
21.00 |
-227.00 |
152.00 |
162.00 |
-14.00 |
Cash & cash equiv. at beg.
of the Year |
137.00 |
105.00 |
332.00 |
168.00 |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |