| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||||||
Net Income (Loss) | |||||||||||
-297 | 708 | 365 | 1,284 | 376 | 2,521 | 675 | 237 | 417 | -164 | -364 | -23 |
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities: | |||||||||||
Depreciation and Amortization | |||||||||||
795 | 778 | 781 | 727 | 698 | 732 | 722 | 687 | 715 | 652 | 636 | 660 |
Amortization and Write-Off of Debt Issuance Costs | |||||||||||
15 | 15 | 21 | 29 | 23 | 14 | 18 | 67 | 34 | 27 | 20 | 26 |
Provision for Deferred Income Taxes (Note 5) | |||||||||||
323 | 131 | 366 | -229 | 79 | -1,970 | -34 | 16 | - | - | - | - |
Net Pension Curtailments and Settlements | |||||||||||
6 | 22 | 19 | 17 | 139 | 39 | 0 | 0 | - | - | - | - |
Net Rationalization Charges (Note 3) | |||||||||||
205 | 44 | 135 | 210 | 114 | 95 | 58 | 175 | 103 | 240 | 227 | 184 |
VEBA funding | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,007 |
Rationalization Payments | |||||||||||
59 | 174 | 154 | 86 | 144 | 226 | 72 | 106 | 142 | 57 | 200 | 84 |
Net (Gains) Losses on Asset Sales (Note 4) | |||||||||||
16 | 1 | 14 | 31 | 71 | 3 | 8 | 25 | 16 | 73 | -30 | 53 |
Deconsolidation, Gain (Loss), Amount | |||||||||||
0 | 272 | 0 | 0 | -646 | 0 | 0 | - | - | - | - | - |
Operating Lease Expense | |||||||||||
292 | - | - | - | - | - | - | - | - | - | - | - |
Operating Lease Payments | |||||||||||
267 | - | - | - | - | - | - | - | - | - | - | - |
Pension Contributions and Direct Payments | |||||||||||
79 | 74 | 90 | 89 | 103 | 1,338 | 1,162 | 684 | 294 | 405 | 430 | 364 |
Net Venezuela Currency Loss | |||||||||||
- | - | - | - | - | 200 | 115 | 0 | 0 | -134 | 0 | 0 |
Gain on Recognition of Deferred Royalty Revenue | |||||||||||
- | - | - | - | 155 | 0 | 0 | - | - | - | - | - |
Customer Prepayments and Goverment Grants | |||||||||||
- | - | - | - | - | - | - | 131 | 212 | 6 | 14 | 105 |
Insurance Proceeds | |||||||||||
- | - | - | - | - | - | - | 50 | 0 | 0 | - | - |
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions: | |||||||||||
Accounts Receivable | |||||||||||
-71 | 172 | 147 | -211 | 31 | -75 | -79 | -291 | 337 | 181 | -139 | -294 |
Inventories | |||||||||||
-6 | 171 | 44 | 172 | 89 | 35 | -366 | -619 | 1,009 | 536 | -1,265 | 700 |
Accounts Payable — Trade | |||||||||||
5 | 223 | 85 | -156 | 78 | -41 | -30 | -453 | 696 | 769 | -323 | 279 |
Compensation and Benefits | |||||||||||
184 | -26 | -65 | -50 | 66 | 223 | 243 | 260 | 384 | 428 | 287 | -31 |
Other Current Liabilities | |||||||||||
-50 | -181 | -76 | -56 | -28 | -40 | -28 | -24 | 89 | 103 | 24 | -58 |
Other Assets and Liabilities | |||||||||||
-73 | -66 | 24 | 52 | -130 | -94 | 4 | 203 | 79 | 19 | 28 | -33 |
Total Cash Flows from Operating Activities | |||||||||||
1,207 | 916 | 1,158 | 1,557 | 1,728 | 340 | 938 | 1,038 | 773 | 924 | 1,297 | -739 |
Cash Flows from Investing Activities: | |||||||||||
Capital Expenditures | |||||||||||
770 | 811 | 881 | 996 | 983 | 923 | 1,168 | 1,127 | 1,043 | 944 | 746 | 1,049 |
Proceeds from Sale of Property, Plant, and Equipment | |||||||||||
12 | 2 | 12 | 35 | 62 | 18 | 25 | 16 | 76 | 70 | 43 | 58 |
Decrease in Cash Due to Deconsolidation of Venezuelan Subsidiary | |||||||||||
- | - | - | - | 320 | 0 | 0 | - | - | - | - | - |
Government Grants Received | |||||||||||
- | - | - | - | - | - | - | - | 95 | 0 | 0 | - |
Decrease (Increase) in Restricted Cash | |||||||||||
- | - | - | - | - | -5 | -14 | -11 | 25 | 11 | 3 | - |
Short Term Securities Acquired | |||||||||||
113 | 68 | 83 | 72 | 77 | 72 | 105 | 57 | 4 | - | - | - |
Short Term Securities Redeemed | |||||||||||
106 | 68 | 83 | 60 | 69 | 95 | 89 | 28 | 0 | - | - | - |
Notes Receivable | |||||||||||
7 | 55 | 0 | 0 | - | - | - | - | - | - | - | - |
Increase in short term securities | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | - | - |
Investment in The Reserve Primary Fund | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 360 |
Return of investment in The Reserve Primary Fund (Note 12) | |||||||||||
- | - | - | - | - | - | - | - | - | - | 47 | 284 |
Other Transactions | |||||||||||
28 | 3 | 10 | 6 | 7 | -26 | -9 | -6 | 1 | -26 | 4 | -9 |
Total Cash Flows from Investing Activities | |||||||||||
-800 | -867 | -879 | -979 | -1,256 | -851 | -1,136 | -1,123 | -902 | -859 | -663 | -1,058 |
Cash Flows from Financing Activities: | |||||||||||
Short Term Debt and Overdrafts Incurred | |||||||||||
1,880 | 1,944 | 1,054 | 417 | 103 | 46 | 31 | 77 | 179 | 85 | 85 | 97 |
Short Term Debt and Overdrafts Paid | |||||||||||
1,933 | 1,795 | 1,046 | 228 | 84 | 24 | 120 | 156 | 138 | 68 | 186 | 31 |
Long Term Debt Incurred | |||||||||||
5,942 | 6,455 | 6,463 | 4,988 | 2,819 | 1,842 | 1,913 | 3,531 | 3,171 | 1,750 | 2,026 | 1,780 |
Long Term Debt Paid | |||||||||||
6,008 | 6,469 | 6,342 | 5,433 | 3,315 | 1,555 | 681 | 3,717 | 2,650 | 1,555 | 2,544 | 1,459 |
Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised | |||||||||||
1 | 4 | 14 | 13 | 53 | 39 | 26 | 3 | 8 | 1 | 2 | 5 |
Payments for Repurchase of Common Stock | |||||||||||
0 | 220 | 400 | 500 | 180 | 234 | 4 | 0 | - | - | - | - |
Common Stock Dividends Paid (Note 15) | |||||||||||
148 | 138 | 110 | 82 | 68 | 60 | 12 | 0 | 0 | - | - | - |
Proceeds from Issuance of Preferred Stock (Note 19) | |||||||||||
- | - | - | - | - | - | - | - | 484 | 0 | 0 | - |
Preferred Stock Dividends Paid | |||||||||||
- | - | - | - | - | 15 | 29 | 29 | 15 | 0 | 0 | - |
Transactions with Minority Interests in Subsidiaries | |||||||||||
-26 | -31 | -7 | -11 | -9 | -49 | -26 | 71 | 24 | 13 | 15 | - |
Debt Related Costs and Other Transactions | |||||||||||
-15 | 7 | -41 | -40 | -74 | -1 | -16 | -64 | -21 | -21 | -22 | -139 |
Dissolution of Global Alliance | |||||||||||
- | - | - | - | 271 | 0 | 0 | - | - | - | - | - |
Debt related costs and other transactions | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -11 |
Total Cash Flows from Financing Activities | |||||||||||
-307 | -243 | -415 | -876 | -1,026 | -11 | 1,082 | -426 | 994 | 179 | -654 | 264 |
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash | |||||||||||
1 | -43 | 57 | -15 | -125 | -313 | -169 | 20 | -98 | -161 | 48 | -36 |
Net Change in Cash, Cash Equivalents and Restricted Cash | |||||||||||
101 | -237 | -79 | -313 | -679 | -835 | 715 | -491 | 767 | 83 | 28 | -1,569 |