v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net income $ 87 $ 51
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and Amortization expense 142 141
Stock-based compensation expense 17 17
Pension, postretirement and postemployment benefit (income) expense (16) (2)
Impairment of other assets 1 0
Deferred income taxes (2) 3
(Gain) loss on divestiture and disposal of assets, net (2) (27)
Loss from equity investments 2 1
Changes in assets and liabilities:    
Receivables (55) (64)
Inventories (35) (107)
Current payables and accrued expenses (34) 5
Contract liabilities 26 70
Employee benefit plans (35) (12)
Settlement assets and liabilities, net (4) 95
Other assets and liabilities (71) (73)
Net cash provided by operating activities 21 98
Investing activities    
Capital expenditures (53) (50)
Additions to capitalized software (21) (26)
Business acquisitions, net of cash acquired (1) 0
Proceeds from sale of property, plant and equipment 11 24
Proceeds from divestiture 12 11
Sale of investments 0 4
Net cash (used in) investing activities (52) (37)
Financing activities    
Payments on term credit facilities (72) (59)
Borrowings on revolving credit facilities 440 440
Payments on revolving credit facilities (330) (425)
Proceeds from employee stock plans 0 7
Tax withholding payments on behalf of employees (7) (8)
Payments on acquisition holdback (10) (16)
Repurchases of common stock (16) 0
Principal payments for finance lease obligations (4) (2)
Other financing activities (7) (3)
Net cash (used in) financing activities (6) (66)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (2) 12
Increase (decrease) in cash, cash equivalents, and restricted cash (39) 7
Cash, cash equivalents, and restricted cash at beginning of period 644 641
Cash, cash equivalents, and restricted cash at end of period $ 605 $ 648