v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 48 $ 46
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 21 16
Provision for inventory 1 4
Stock-based compensation 8 6
Deferred income taxes 11 13
Other, net 10 6
Change in operating assets and liabilities, net of effects of acquisitions:    
Receivables (45) 28
Inventories (28) 31
Prepaid and other current assets 10 (3)
Accounts payable, accrued liabilities and other, net (7) (45)
Net cash provided by (used in) operating activities 29 102
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (8) (185)
Purchases of property, plant and equipment (10) (4)
Other, net 2 1
Net cash provided by (used in) investing activities (16) (188)
Cash flows from financing activities:    
Repurchases of common stock (27) (11)
Other, net (13) (4)
Net cash provided by (used in) financing activities (40) (15)
Effect of exchange rates on cash and cash equivalents 3 (1)
Net change in cash and cash equivalents (24) (102)
Cash and cash equivalents, beginning of period 256 299
Cash and cash equivalents, end of period $ 232 $ 197