Consolidated Statement Of Cash Flows (Unaudited) - USD ($)
$ in Millions |
3 Months Ended |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Operating activities [Abstract] |
|
|
| Net income |
$ 111
|
$ 80
|
| Depreciation |
64
|
49
|
| Amortization of intangibles |
3
|
3
|
| Amortization of deferred financing charges |
1
|
1
|
| Earnings of affiliates, net of dividends received |
(5)
|
(5)
|
| Stock compensation expense |
4
|
4
|
| Deferred income taxes |
12
|
10
|
| Pension contributions, net |
|
(2)
|
| Change in working capital |
(216)
|
(133)
|
| Other, net |
(2)
|
4
|
| Net cash provided by (used in) operating activities |
(28)
|
11
|
| Investing activities [Abstract] |
|
|
| Purchases of property, plant and equipment |
(65)
|
(96)
|
| Acquisition of businesses, net of cash acquired |
|
(182)
|
| Purchases of marketable securities |
(17)
|
(11)
|
| Proceeds from sales of marketable securities |
4
|
|
| Proceeds from maturities of marketable securities |
11
|
13
|
| Other |
|
(2)
|
| Net cash used in investing activities |
(67)
|
(278)
|
| Financing activities [Abstract] |
|
|
| Net change in short-term debt |
(7)
|
(1)
|
| Repayment of long-term debt |
(1)
|
(17)
|
| Dividends paid to common stockholders |
(15)
|
(9)
|
| Distributions to noncontrolling interests |
(1)
|
(1)
|
| Other |
(4)
|
2
|
| Net cash used in financing activities |
(28)
|
(26)
|
| Net decrease in cash, cash equivalents and restricted cash |
(123)
|
(293)
|
| Cash, cash equivalents and restricted cash - beginning of period |
610
|
716
|
| Effect of exchange rate changes on cash balances |
14
|
13
|
| Less: Cash contributed to disposal group |
(10)
|
|
| Cash, cash equivalents and restricted cash - end of period |
491
|
436
|
| Non-cash investing activity [Abstract] |
|
|
| Purchases of property, plant and equipment held in accounts payable |
$ 81
|
$ 106
|