| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
Operating activities: | ||||||
Net income | ||||||
313 | -249 | 248 | 708 | 828 | 876 | 639 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization expense, net of assets under operating leases and assets sold under buy-back commitments | ||||||
725 | 716 | 699 | 731 | 690 | 677 | 709 |
Depreciation and amortization expense of assets under operating leases and assets sold under buy-back commitments | ||||||
625 | 545 | 447 | 409 | 413 | 362 | 314 |
Loss on disposal of assets | ||||||
-27 | -4 | 2 | -8 | -25 | -22 | 46 |
Loss on repurchase/early redemption of notes | ||||||
-64 | -60 | - | - | - | - | - |
Undistributed loss of unconsolidated subsidiaries | ||||||
-39 | 5 | 40 | -3 | 44 | -11 | 31 |
Other non-cash items | ||||||
-295 | -195 | -331 | -254 | -196 | -398 | -537 |
Changes in operating assets and liabilities: | ||||||
Provisions | ||||||
233 | 46 | -48 | 121 | 107 | 79 | 249 |
Deferred income taxes | ||||||
-122 | -65 | -119 | 39 | 59 | 10 | -157 |
Trade and financing receivables related to sales, net | ||||||
657 | 97 | -279 | 810 | 658 | 1,145 | 701 |
Inventories, net | ||||||
213 | -106 | -473 | 172 | 1,205 | 103 | 1,290 |
Trade payables | ||||||
344 | 96 | -161 | -862 | 963 | -168 | 1,258 |
Other assets and liabilities | ||||||
-176 | -616 | -361 | -330 | -266 | 157 | -370 |
Net cash provided by operating activities | ||||||
2,015 | 2,108 | 2,786 | 681 | 1,522 | 842 | 2,165 |
Investing activities: | ||||||
Additions to retail receivables | ||||||
4,078 | 3,951 | 4,498 | 6,467 | 7,511 | 7,048 | 6,797 |
Collections of retail receivables | ||||||
4,384 | 4,569 | 5,146 | 6,506 | 6,043 | 6,175 | 6,325 |
Proceeds from the sale of assets, net of assets under operating leases and assets sold under buy-back commitments | ||||||
17 | 12 | 11 | 25 | 7 | 97 | 15 |
Proceeds from the sale of assets previously under operating leases and assets sold under buy-back commitments | ||||||
850 | 660 | 726 | 577 | 466 | 412 | 539 |
Expenditures for property, plant and equipment and intangible assets, net of assets under operating leases and assets sold under buy-back commitments | ||||||
492 | 503 | 656 | 1,022 | 1,227 | 1,048 | 820 |
Expenditures for assets under operating leases and assets sold under buy-back commitments | ||||||
1,743 | 1,631 | 1,851 | 1,814 | 1,439 | 1,186 | 1,154 |
Other | ||||||
-130 | 77 | -174 | -225 | 127 | -1 | 443 |
Net cash used in investing activities | ||||||
-932 | -921 | -948 | -1,970 | -3,788 | -2,597 | -2,335 |
Financing activities: | ||||||
Proceeds from long-term debt | ||||||
15,896 | 12,629 | 9,927 | 17,377 | 12,464 | 11,364 | 16,708 |
Payments of long-term debt | ||||||
16,802 | 13,770 | 10,668 | 15,323 | 9,988 | 9,505 | 7,312 |
Net increase (decrease) in other financial liabilities | ||||||
54 | -132 | 96 | -314 | 514 | -657 | -6,568 |
Dividends paid | ||||||
168 | 207 | 297 | 382 | 368 | 616 | 11 |
Other | ||||||
-25 | -58 | 23 | 18 | -6 | 13 | -2 |
Net cash used in financing activities | ||||||
-1,045 | -1,538 | -919 | 1,376 | 2,616 | 599 | 2,815 |
Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash | ||||||
375 | -16 | -698 | -491 | 18 | - | -300 |
Increase (decrease) in cash and cash equivalents and restricted cash | ||||||
413 | -367 | 221 | -404 | 368 | -1,156 | 2,345 |