v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net income $ 275 $ 319
Adjustment to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 233 218
Amortization of deferred financing costs and original issue discount 6 6
Deferred income taxes 24 28
Realized and unrealized foreign exchange (gains) losses, net (8) 31
Stock-based compensation 23 19
Interest income on swaps designated as net investment hedges (9) (9)
Other non-cash, net (2) 8
Changes in operating assets and liabilities:    
Trade accounts and notes receivable (132) (48)
Inventories (99) (53)
Prepaid expenses and other assets (75) (132)
Accounts payable 146 (15)
Other accrued liabilities 2 (71)
Other liabilities (29) 4
Cash provided by operating activities 355 305
Investing activities:    
Acquisitions, net of cash acquired (8) (6)
Purchase of property, plant and equipment (144) (138)
Interest proceeds on swaps designated as net investment hedges 9 9
Proceeds received on loans to customers 8 6
Other investing activities, net (3) 7
Cash used for investing activities (138) (122)
Financing activities:    
Payments on long-term borrowings (211) (25)
Purchases of common stock 0 (165)
Net cash flows associated with stock-based awards (7) (3)
Other financing activities, net (3) (2)
Cash used for financing activities (221) (195)
Decrease in cash (4) (12)
Effect of exchange rate changes on cash 0 26
Cash at beginning of period 660 596
Cash at end of period 656 610
Cash at end of period reconciliation:    
Cash and cash equivalents 650 606
Restricted cash 6 4
Cash at end of period $ 656 $ 610