v3.22.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES      
Net income $ 183 $ 78 $ 103
Adjustments:      
Depreciation and amortization 258 257 182
Interest expense 41 44 46
Income tax expense 67 64 48
Share-based compensation 25 75 29
Changes in business combination-related provisions 0 0 (74)
Change in market value of derivatives and other 2 0 32
Net change in non-cash operating working capital (26) (69) 1
Share-based compensation payments (19) (45) (14)
Income taxes paid, net (94) (93) (56)
Cash provided by operating activities 437 311 297
INVESTING ACTIVITIES      
Cash payments for capital assets (105) (99) (60)
Cash payments for other assets (13) 0 0
Cash payments for acquisitions, net of cash acquired (1) (11) (1,742)
Payment to acquire non-controlling interest in subsidiary 0 0 (70)
Cash used in investing activities (119) (110) (1,872)
FINANCING ACTIVITIES      
Shares issued 3 527 656
Share issuance costs 0 (34) 0
Withholding taxes paid related to net share settlement of equity awards (1) (5) 0
Repayment of long-term debt (682) (765) (819)
Long-term debt issued 411 71 1,854
Debt issuance costs (8) 0 0
Interest paid on credit facilities (23) (29) (34)
Cash (used in) provided by financing activities (300) (235) 1,657
Effect of exchange rate changes on cash and cash equivalents (8) (4) (9)
CASH POSITION      
Increase (decrease) in cash and cash equivalents 10 (38) 73
Cash and cash equivalents, beginning of year 115 153 80
Cash and cash equivalents, end of year $ 125 $ 115 $ 153