7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2016-12-31 
      
    		                
      cash flows provided (used) by operating activities from continuing operations
    		                
      net income
    		-742,000,000 41,000,000 56,000,000  37,000,000 -582,000,000 32,000,000  66,000,000 76,000,000 -48,000,000  35,000,000 73,000,000 -4,000,000 10,000,000 
      income from discontinued operations, net of income taxes
    		                
      adjustments to reconcile income from continuing operations to cash flows from operating activities:
    		                
      depreciation and amortization
    		76,000,000 62,000,000 62,000,000  61,000,000 61,000,000 61,000,000  62,000,000 82,000,000 81,000,000  75,000,000 82,000,000 79,000,000 77,000,000 
      original issue discount and debt issuance costs amortization
    		2,000,000 2,000,000 1,000,000  2,000,000 10,000,000 2,000,000  2,000,000 2,000,000 2,000,000  3,000,000    
      deferred income taxes
    		4,000,000 -7,000,000 -5,000,000  -2,000,000 -16,000,000 -12,000,000  -1,000,000 -1,000,000 3,000,000  -7,000,000   2,000,000 
      gain from sales of property and equipment
    		0 1,000,000 -4,000,000              
      income from affiliates
    		0                
      stock based compensation expense
    		2,000,000 4,000,000 4,000,000  3,000,000 4,000,000 4,000,000  4,000,000 6,000,000 7,000,000  7,000,000 6,000,000 7,000,000 6,000,000 
      income from restricted investments
    		  -23,000,000              
      loss (income) on divestitures
    		                
      goodwill impairment
    		                
      pension contributions
    		-2,000,000 -2,000,000 -2,000,000  -2,000,000 -2,000,000 -1,000,000  -1,000,000 -2,000,000 -1,000,000  -1,000,000    
      loss on pension plan remeasurements
    		0                
      change in operating assets and liabilities
    		68,000,000 -48,000,000 17,000,000  62,000,000 -54,000,000 -109,000,000  5,000,000 -93,000,000 -44,000,000  16,000,000    
      total cash flows from operating activities from continuing operations
    		    140,000,000           12,000,000 
      cash flows provided (used) by investing activities from continuing operations
    		                
      additions to property, plant and equipment
    		-20,000,000 -25,000,000 -30,000,000  -28,000,000 -37,000,000 -29,000,000  -33,000,000 -37,000,000 -33,000,000  -42,000,000    
      proceeds from disposal of property, plant and equipment
    		0 0 5,000,000      0 0 4,000,000  0 0 1,000,000  
      proceeds from sale of operations
    		0              1,000,000  
      proceeds from settlement of company-owned life insurance contracts
    		                
      company-owned life insurance payments
    		0                
      funds restricted for specific transactions
    		0                
      reimbursements from restricted investments
    		16,000,000              5,000,000  
      proceeds from sale of securities
    		12,000,000                
      purchases of securities
    		-12,000,000                
      other investing cash flows
    		                
      total cash flows provided (used) by investing activities from continuing operations
    		                
      cash flows used by financing activities from continuing operations
    		                
      repurchase of common stock
    		0                
      repayment of short-term debt
    		                
      cash dividends paid
    		-19,000,000 -16,000,000 -17,000,000  -17,000,000 -17,000,000 -16,000,000  -17,000,000 -15,000,000 -16,000,000  -16,000,000    
      stock based compensation employee withholding taxes paid in cash
    		-1,000,000 -2,000,000 -3,000,000  0 -1,000,000 -5,000,000  0 -1,000,000 -7,000,000  0    
      total cash flows used by financing activities from continuing operations
    		-70,000,000  -207,000,000    -7,000,000  -147,000,000        
      cash provided (used) by continuing operations
    		46,000,000 22,000,000 -105,000,000  82,000,000 259,000,000 -61,000,000  -87,000,000 4,000,000 -83,000,000  -32,000,000    
      cash used by discontinued operations
    		                
      operating cash flows
    		-9,000,000 21,000,000 -14,000,000  -19,000,000 -62,000,000 -17,000,000   17,000,000 -58,000,000  -10,000,000    
      total cash used by discontinued operations
    		-9,000,000     -63,000,000 -15,000,000   11,000,000 -60,000,000  -10,000,000    
      effect of currency exchange rate changes on cash and cash equivalents
    		2,000,000 1,000,000 3,000,000 1,000,000 0 0 1,000,000 -1,000,000 0 0 -2,000,000 -1,000,000 -1,000,000    
      decrease in cash and cash equivalents
    		            -43,000,000    
      cash and cash equivalents - beginning of period
    		0 0 454,000,000  0 0 232,000,000  0 0 294,000,000  0 0 566,000,000 1,188,000,000 
      cash and cash equivalents - end of period
    		39,000,000 38,000,000 335,000,000  63,000,000 196,000,000 157,000,000  -32,000,000 15,000,000 149,000,000  -43,000,000 -376,000,000 601,000,000 704,000,000 
      loss (income) from discontinued operations, net of income taxes
    		                
      loss (income) from restricted investments
    		        -8,000,000 -30,000,000 28,000,000      
      income on divestitures
    		                
      impairment charges
    		                
      total cash flows provided (used) by operating activities from continuing operations
    		  106,000,000              
      total cash flows used by investing activities from continuing operations
    		 -16,000,000 -4,000,000  -16,000,000 -29,000,000 -20,000,000  -27,000,000 -25,000,000 -24,000,000  -35,000,000    
      cash flows provided (used) by financing activities from continuing operations
    		                
      proceeds from (repayment of) short-term debt
    		 -8,000,000 -187,000,000  -25,000,000 292,000,000 14,000,000  72,000,000 37,000,000 -26,000,000      
      increase in cash and cash equivalents
    		 38,000,000 -119,000,000  63,000,000 196,000,000 -75,000,000  -32,000,000 15,000,000 -145,000,000    35,000,000  
      income from discontinued operations
    		 2,000,000 5,000,000      -43,000,000 -31,000,000 -23,000,000  1,000,000    
      adjustments to reconcile income from continuing operations to
    		                
      cash flows from operating activities:
    		                
      distributions from equity affiliates
    		                
      (income) income from restricted investments
    		    -33,000,000 29,000,000 -13,000,000          
      excess tax benefit on stock based compensation
    		    0    1,000,000 1,000,000 1,000,000  2,000,000    
      loss on early retirement of debt
    		    0            
      income on acquisitions and divestitures
    		                
      impairments
    		 0 9,000,000  0    3,000,000        
      proceeds from sale or restructuring of operations
    		 0 14,000,000              
      net purchase of funds restricted for specific transactions
    		 0 -1,000,000  -1,000,000 -1,000,000 -1,000,000  0 0 -2,000,000  -2,000,000    
      proceeds from issuance of long-term debt
    		    0            
      repayment of long-term debt
    		    0    -2,000,000 -7,000,000 -1,000,000  -132,000,000    
      premium on long-term debt repayment
    		    0            
      debt issuance costs
    		    0            
      total cash flows provided (used) by financing activities from continuing operations
    		    -42,000,000      -50,000,000    99,000,000  
      cash provided (used) by discontinued operations
    		                
      investing cash flows
    		 -6,000,000 -3,000,000  0 -1,000,000 2,000,000  14,000,000 -6,000,000 -2,000,000      
      net income on divestitures
    		  -14,000,000        3,000,000   0 1,000,000  
      reimbursement from restricted investments
    		  8,000,000  7,000,000 9,000,000 10,000,000  5,000,000 12,000,000 8,000,000  8,000,000    
      proceeds from sales of securities
    		  42,000,000  6,000,000 6,000,000 4,000,000  0        
      purchase of securities
    		  -42,000,000  -6,000,000 -6,000,000 -4,000,000  0        
      total cash provided (used) by discontinued operations
    		  -17,000,000              
      cash provided (used) by:
    		                
      operating activities from continuing operations
    		                
      investing activities from continuing operations
    		                
      financing activities from continuing operations
    		                
      discontinued operations
    		                
      net increase in cash and cash equivalents
    		                
      income
    		    13,000,000 7,000,000 2,000,000          
      distributions to equity affiliates
    		                
      gain on pension and other postretirement plan remeasurements
    		        0 0 -18,000,000      
      purchase of operations
    		        -1,000,000        
      proceeds from the settlement of derivative instruments
    		        2,000,000 1,000,000 1,000,000     4,000,000 
      payments for the settlement of derivative instruments
    		        0 0 -2,000,000  0    
      net (income) loss on divestitures
    		                
      cash flows provided (used) by operating activities from
    		                
      continuing operations
    		                
      total cash flows used by operating activities from continuing operations
    		      -34,000,000    -9,000,000      
      cash flows provided (used) by investing activities from
    		                
      cash flows provided (used) by financing activities
    		                
      from continuing operations
    		                
      net decrease in cash and cash equivalents
    		                
      proceeds from sales of operations
    		                
      life insurance payments
    		            0    
      distributions from affiliates
    		                
      realized gains and investment income on available-for-sale securities
    		            -2,000,000    
      net income on acquisitions and divestitures
    		                
      gain on post-employment plan remeasurement
    		                
      purchase of operations - net of cash acquired
    		            0    
      proceeds from sales of available-for-sale securities
    		            0 12,000,000 5,000,000  
      purchase of available-for-sale securities
    		            0    
      premium on long-term debt
    		                
      financing cash flows
    		                
      change in cash and cash equivalents held by valvoline
    		                
      gain on early retirement of debt
    		                
      proceeds (uses) from sale of operations
    		                
      cash flows from operating activities
    		                
      original issue discount and debt issuance cost amortization
    		              2,000,000 95,000,000 
      deferred and other income taxes
    		              8,000,000  
      realized gain and investment income on available-for-sale securities
    		                
      purchases of available-for-sale securities
    		                
      cash flows provided (used) by financing activities from
    		                
      proceeds (repayment) from short-term debt
    		              120,000,000  
      cash used by continuing operations
    		              51,000,000  
      equity income from affiliates
    		                
      gain on available-for-sale securities
    		                
      net gain on divestitures
    		               1,000,000 
      proceeds from sale of operations or equity investments
    		                
      proceeds from short-term debt
    		                
      excess tax benefits related to share-based payments
    		                
      cash, beginning of period held by ashland
    		                
      cash, beginning of period held by valvoline and reported as discontinued operations
    		                
      uses from sale of operations or equity investments
    		                
      distributions to noncontrolling interest
    		                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.