7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 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 2017-09-30 2017-06-30 2017-03-31 2016-06-30 2016-03-31 2015-09-30 2012-03-31 2009-12-31 2009-09-30 2008-12-31 2008-09-30 
      
    		                                           
      cash flows from operating activities
    		                                           
      net income
    		239,000,000 216,000,000 227,000,000 392,000,000 -132,000,000 207,000,000 93,000,000  200,000,000 187,000,000 122,000,000  158,000,000 329,000,000 246,000,000  131,000,000 173,000,000 245,000,000 188,000,000 245,000,000 141,000,000 114,000,000 116,000,000 204,000,000 174,000,000 131,000,000 75,000,000 193,000,000 147,000,000 113,000,000 -61,000,000 208,000,000 148,000,000 133,000,000 185,000,000 99,000,000 160,000,000 90,000,000     
      adjustments to reconcile net income to net cash from operating activities:
    		                                           
      depreciation and amortization
    		116,000,000 114,000,000 110,000,000 104,000,000 114,000,000 115,000,000 115,000,000 127,000,000 124,000,000 125,000,000 123,000,000 114,000,000 115,000,000 116,000,000 115,000,000 111,000,000 113,000,000 112,000,000 127,000,000 121,000,000 121,000,000 117,000,000 122,000,000 124,000,000 121,000,000 123,000,000 122,000,000 120,000,000 127,000,000 113,000,000 65,000,000 64,000,000 63,000,000 61,000,000 59,000,000 65,000,000 60,000,000 61,000,000 42,000,000     
      restructuring and other
    		30,000,000 47,000,000 -2,000,000 48,000,000 -13,000,000 17,000,000 23,000,000 82,000,000 15,000,000 6,000,000 11,000,000 23,000,000 -1,000,000 -73,000,000 -1,000,000 14,000,000 -17,000,000 -25,000,000 2,000,000 14,000,000 10,000,000 3,000,000 7,000,000 15,000,000 0 -45,000,000 4,000,000 16,000,000 -1,000,000 16,000,000 13,000,000 22,000,000 12,000,000 18,000,000 -4,000,000 -3,000,000 2,000,000 40,000,000      
      pension and postretirement expense
    		10,000,000 4,000,000 10,000,000 4,000,000 529,000,000 19,000,000 16,000,000                                     
      pension contributions
    		-1,000,000 -3,000,000 25,000,000 0 -117,000,000 -9,000,000 4,000,000 -9,000,000 -6,000,000 -5,000,000 1,000,000 -2,000,000 22,000,000 13,000,000 20,000,000 51,000,000 -276,000,000 -6,000,000 -5,000,000 -11,000,000 -5,000,000 -6,000,000 -5,000,000 -9,000,000 -5,000,000 -2,000,000 -7,000,000 -6,000,000 -4,000,000 -5,000,000 -5,000,000 -248,000,000 -18,000,000 -15,000,000 -13,000,000 -16,000,000 -25,000,000 -20,000,000 -18,000,000     
      stock-based compensation
    		11,000,000 12,000,000 14,000,000 10,000,000 12,000,000 8,000,000 12,000,000 4,000,000 10,000,000 6,000,000 11,000,000 6,000,000 7,000,000 6,000,000 10,000,000 6,000,000 10,000,000 6,000,000 11,000,000 9,000,000 8,000,000 5,000,000 10,000,000 6,000,000 7,000,000 8,000,000 8,000,000 10,000,000 6,000,000 5,000,000 6,000,000 7,000,000 6,000,000 6,000,000 4,000,000 4,000,000 6,000,000 5,000,000 10,000,000     
      equity earnings, net of distributions
    		    -6,000,000 6,000,000 2,000,000  -11,000,000 -7,000,000 27,000,000                                 
      working capital changes and other
    		176,000,000 59,000,000 -370,000,000  167,000,000 82,000,000 -367,000,000  192,000,000 196,000,000 -545,000,000  -379,000,000 98,000,000 -699,000,000  85,000,000 211,000,000 -777,000,000  157,000,000 83,000,000 -898,000,000                     
      net cash from operating activities
    		580,000,000   295,000,000 554,000,000 445,000,000 -102,000,000 621,000,000 539,000,000 528,000,000 -235,000,000 669,000,000 -62,000,000 497,000,000 -301,000,000 660,000,000   -385,000,000 1,006,000,000 547,000,000 369,000,000 -607,000,000  428,000,000 439,000,000 -666,000,000  260,000,000 259,000,000 -751,000,000 272,000,000 456,000,000 352,000,000 -320,000,000 471,000,000 -408,000,000 330,000,000 -389,000,000   568,000,000 208,000,000 
      cash flows from investing activities
    		                                           
      capital expenditures
    		-92,000,000 -56,000,000 -33,000,000 -149,000,000 -76,000,000 -84,000,000 -94,000,000 -179,000,000 -160,000,000 -221,000,000 -233,000,000 -232,000,000 -297,000,000 -193,000,000 -117,000,000 -304,000,000 -187,000,000 -190,000,000 -135,000,000 -254,000,000 -134,000,000 -89,000,000 -110,000,000 -190,000,000 -88,000,000 -79,000,000 -75,000,000 -157,000,000 -105,000,000 -108,000,000 -92,000,000 -216,000,000 -82,000,000 -93,000,000 -107,000,000 -92,000,000 -51,000,000 -65,000,000 -62,000,000 -72,000,000 -33,000,000 -60,000,000 -43,000,000 
      free cash flows
    		488,000,000   146,000,000 478,000,000 361,000,000 -196,000,000 442,000,000 379,000,000 307,000,000 -468,000,000 437,000,000 -359,000,000 304,000,000 -418,000,000 356,000,000   -520,000,000 752,000,000 413,000,000 280,000,000 -717,000,000  340,000,000 360,000,000 -741,000,000  155,000,000 151,000,000 -843,000,000 56,000,000 374,000,000 259,000,000 -427,000,000 379,000,000 -459,000,000 265,000,000 -451,000,000   508,000,000 165,000,000 
      net investment hedge
    		12,000,000 0 13,000,000  12,000,000 0 13,000,000  12,000,000 0 13,000,000  13,000,000 0 13,000,000  12,000,000 0 13,000,000  13,000,000 1,000,000 14,000,000  15,000,000 0 6,000,000                 
      proceeds from sale of property, plant and equipment
    		3,000,000 8,000,000 21,000,000 7,000,000 -1,000,000   12,000,000 3,000,000 1,000,000 1,000,000 0 0 3,000,000 12,000,000 20,000,000   2,000,000 8,000,000    22,000,000 6,000,000 6,000,000 5,000,000 9,000,000 22,000,000   0 3,000,000 2,000,000 3,000,000     0 1,000,000 5,000,000 4,000,000 
      other
    		0       53,000,000 3,000,000 3,000,000 2,000,000 -102,000,000 2,000,000 9,000,000 -8,000,000 -79,000,000 -2,000,000   61,000,000    59,000,000 -106,000,000 74,000,000 -49,000,000 -52,000,000 14,000,000 -6,000,000 16,000,000 -35,000,000 -12,000,000 29,000,000 7,000,000 9,000,000 -19,000,000 -11,000,000 -34,000,000 65,000,000  8,000,000 -3,000,000 
      net cash from investing activities
    		-77,000,000   196,000,000 -65,000,000 -62,000,000 -81,000,000  -142,000,000 -217,000,000 -161,000,000   -13,000,000 -117,000,000   -191,000,000 -120,000,000 -226,000,000 -125,000,000 -88,000,000 -96,000,000  -79,000,000 -73,000,000 -64,000,000  73,000,000 -3,850,000,000 58,000,000 -220,000,000 -99,000,000 -86,000,000 -104,000,000 -77,000,000 -48,000,000 -72,000,000 -48,000,000 -90,000,000 -32,000,000 -58,000,000 -42,000,000 
      cash flows from financing activities
    		                                           
      net change in revolving credit facility and short-term debt
    		 7,000,000 1,000,000     -36,000,000 -51,000,000 -642,000,000 331,000,000 -147,000,000 293,000,000 -36,000,000 158,000,000 47,000,000 5,000,000 -27,000,000 -13,000,000 -13,000,000 -141,000,000 -689,000,000 872,000,000 -141,000,000 -304,000,000 -296,000,000 731,000,000 -42,000,000 -228,000,000 -375,000,000 576,000,000 73,000,000 -227,000,000 -102,000,000 351,000,000 -245,000,000 383,000,000 -62,000,000 338,000,000 75,000,000 22,000,000 -197,000,000 -116,000,000 
      proceeds from short-term debt
    		52,000,000 75,000,000 177,000,000 66,000,000 32,000,000 44,000,000 80,000,000                                     
      payments of short-term debt
    		-103,000,000 -83,000,000 -43,000,000 -84,000,000 -37,000,000 -36,000,000 -8,000,000                                     
      proceeds from long-term debt
    		0   0 655,000,000 0 20,000,000 538,000,000 20,000,000   -1,000,000 2,351,000,000 2,000,000 601,000,000 64,000,000 45,000,000 -1,000,000 36,000,000 -3,000,000 2,000,000 18,000,000 93,000,000     0 0 2,170,000,000 1,912,000,000 0 1,000,000 1,049,000,000 4,000,000 1,000,000 303,000,000 14,000,000 21,000,000 1,000,000 3,000,000   
      payments of long-term debt
    		-30,000,000 -890,000,000 -27,000,000 -1,038,000,000 -690,000,000 -28,000,000 -32,000,000 -232,000,000 -40,000,000 -16,000,000 -24,000,000 -15,000,000 -2,188,000,000 -33,000,000 -42,000,000 -1,770,000,000 -28,000,000 -10,000,000 -26,000,000 -206,000,000 -22,000,000 -29,000,000 -12,000,000 -2,522,000,000 -18,000,000 -24,000,000 -281,000,000 -277,000,000 -19,000,000 -24,000,000 -13,000,000 -37,000,000 3,000,000 -1,091,000,000 -12,000,000 -16,000,000 -709,000,000 -28,000,000 -8,000,000 -467,000,000  -27,000,000 -8,000,000 
      debt issuance costs
    		0   0    -8,000,000    0                                
      dividends paid to noncontrolling interests
    		-22,000,000 -34,000,000 -28,000,000 -74,000,000 -5,000,000 -25,000,000 -15,000,000 -82,000,000 -33,000,000 0 -11,000,000 -66,000,000 -10,000,000 -13,000,000 -11,000,000 -66,000,000 -32,000,000 -15,000,000 -9,000,000 -44,000,000 -31,000,000 -1,000,000 -11,000,000 -65,000,000 -25,000,000 -2,000,000 -9,000,000 -42,000,000 -12,000,000   -25,000,000 -31,000,000 -24,000,000 -13,000,000 -18,000,000 -8,000,000 -4,000,000 -16,000,000 -34,000,000 -26,000,000   
      dividends paid to shareholders
    		-30,000,000 -30,000,000 -30,000,000 -29,000,000 -30,000,000 -30,000,000 -30,000,000 -29,000,000 -29,000,000 -28,000,000 -29,000,000 -26,000,000 -27,000,000 -26,000,000 -27,000,000 -26,000,000 -26,000,000 -26,000,000 -27,000,000                         
      common stock repurchased
    		-105,000,000 -6,000,000 -203,000,000 -100,000,000 -110,000,000 -2,000,000 -5,000,000 0 -1,000,000 -5,000,000 -6,000,000 0 -122,000,000 -250,000,000 -350,000,000 -205,000,000 -448,000,000 -285,000,000 -12,000,000 -8,000,000 0 -1,000,000 -57,000,000 -5,000,000 0 -1,000,000 -1,000,000 0 0 -3,000,000 -1,000,000 0 -62,000,000 -144,000,000 -133,000,000 -4,000,000 -4,000,000 0 -7,000,000     
      net cash from financing activities
    		-253,000,000      9,000,000    262,000,000           -686,000,000 882,000,000  -344,000,000 -318,000,000 417,000,000  -260,000,000 1,707,000,000 2,455,000,000  -289,000,000 -310,000,000 199,000,000   -68,000,000 338,000,000     
      effect of exchange rate changes on cash, cash equivalents, and restricted cash
    		                                           
      net change in cash, cash equivalents, and restricted cash
    		                                           
      cash, cash equivalents, and restricted cash at january 1
    		                                           
      cash, cash equivalents, and restricted cash at september 30
    		                                           
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		 29,000,000 1,000,000 -42,000,000 23,000,000 -11,000,000 -8,000,000 10,000,000 -2,000,000 -9,000,000 -3,000,000 5,000,000 0 -59,000,000 -36,000,000 -79,000,000 -25,000,000 2,000,000 -11,000,000 35,000,000 9,000,000 11,000,000 -21,000,000 2,000,000 -4,000,000 1,000,000 2,000,000 -5,000,000 -26,000,000 -20,000,000 14,000,000             
      net change in cash, cash equivalents and restricted cash
    		 159,000,000 -137,000,000 -817,000,000 322,000,000 293,000,000 -182,000,000 498,000,000 259,000,000 141,000,000 -137,000,000 187,000,000 -74,000,000 66,000,000 -133,000,000 -1,734,000,000 1,663,000,000 -3,000,000 -571,000,000 550,000,000 261,000,000 -394,000,000 158,000,000 265,000,000 1,000,000 49,000,000 -311,000,000 305,000,000 47,000,000 -1,904,000,000 1,776,000,000             
      cash, cash equivalents and restricted cash at january 1
    		 0 1,016,000,000 0 0 0 1,400,000,000 0 0 0 639,000,000 0 0 0 593,000,000 0 0 0 1,238,000,000 0 0 0 663,000,000 0 0 0 659,000,000 0 0 0 435,000,000             
      cash, cash equivalents and restricted cash at june 30
    		                                           
      net cash from / (used for) operating activities
    		  14,000,000                                         
      net cash from / (used for) investing activities
    		  1,000,000             -284,000,000                            
      net cash from / (used for) financing activities
    		  -153,000,000            321,000,000                             
      cash, cash equivalents and restricted cash at march 31
    		  879,000,000    1,218,000,000    502,000,000    460,000,000    667,000,000        348,000,000    2,211,000,000             
      gain on sale of equity method investment
    		                                           
      deferred income taxes
    		                       -98,000,000    -29,000,000    187,000,000            
      asbestos payments
    		                                           
      changes in assets and liabilities:
    		                                           
      receivables
    		                       314,000,000 -26,000,000 -137,000,000 -91,000,000 462,000,000 -296,000,000 -295,000,000 -364,000,000 86,000,000 -102,000,000 -80,000,000 -36,000,000 91,000,000 -93,000,000 -105,000,000 -114,000,000     
      inventories
    		                       146,000,000 64,000,000 22,000,000 -171,000,000 -62,000,000 91,000,000 -61,000,000 -169,000,000 43,000,000 76,000,000 -33,000,000 -151,000,000 -36,000,000 -180,000,000 122,000,000 -140,000,000     
      accounts payable and accrued liabilities
    		                       256,000,000 90,000,000 179,000,000 -612,000,000 246,000,000 75,000,000 333,000,000 -445,000,000 205,000,000 160,000,000 212,000,000 -324,000,000 165,000,000 -265,000,000 74,000,000 -249,000,000     
      prepaids and other assets
    		                                           
      proceeds from sale of businesses, net of cash
    		                                           
      acquisitions of businesses, net of cash
    		                                           
      net investment hedges
    		                                           
      distribution from equity method investment
    		       12,000,000 0 0 56,000,000                                 
      net cash (used for) / provided by financing activities
    		                -490,000,000 -368,000,000 -55,000,000                         
      cash, cash equivalents and restricted cash at december 31
    		                                           
      cash, cash equivalents and restricted cash at september 30
    		                                           
      net income /
    		                                           
      income from disposal of discontinued operations
    		                                           
      income from early extinguishments of debt
    		                                           
      net cash (used for) / provided by investing activities
    		           -230,000,000                                
      premiums paid to retire debt
    		           0                                
      foreign exchange derivatives related to debt
    		         0 2,000,000 -3,000,000 -4,000,000   -12,000,000 -5,000,000 -4,000,000 -4,000,000 9,000,000 23,000,000 16,000,000 -5,000,000 -7,000,000 1,000,000 1,000,000 -11,000,000 -8,000,000 -1,000,000 -15,000,000 10,000,000 -11,000,000 27,000,000 16,000,000 -5,000,000 0 32,000,000 10,000,000      
      loss on debt extinguishment
    		                                           
      pension expense
    		        15,000,000 20,000,000 15,000,000  5,000,000 8,000,000 8,000,000 1,531,000,000 11,000,000 13,000,000 12,000,000 12,000,000 11,000,000 26,000,000 43,000,000 14,000,000 12,000,000   37,000,000 5,000,000 2,000,000 1,000,000 2,000,000 3,000,000 6,000,000 5,000,000 7,000,000 7,000,000 13,000,000 24,000,000     
      proceeds from sale of businesses, net of cash received
    		            0                               
      acquisition of businesses, net of cash acquired
    		            0                               
      payments of finance leases
    		        -1,000,000 0 -1,000,000  -1,000,000 0 -1,000,000  -1,000,000 0 -1,000,000  -1,000,000 0 -1,000,000  -1,000,000 0 -14,000,000                 
      common stock issued
    		            0   1,000,000 0 0 1,000,000 1,000,000 0 0 1,000,000 0 1,000,000 1,000,000 2,000,000 0 0   1,000,000 0 1,000,000 7,000,000 4,000,000 1,000,000 0 2,000,000 14,000,000 5,000,000 0 3,000,000 
      bond issuance costs
    		             0 -7,000,000                             
      net cash from / (used) for financing activities
    		                                           
      proceeds from sale of business, net of cash
    		                                           
      acquisitions of business, net of cash
    		                                           
      loss on sale of discontinued businesses
    		                                           
      loss on classification as held for sale
    		                                           
      acquisition of business, net of cash acquired
    		              -23,000,000              -5,000,000               
      proceeds from sale of discontinued operations, net of cash disposed
    		              6,000,000 0                            
      net (loss) / income
    		                                           
      adjustments to reconcile net (loss) / income to net cash from operating activities:
    		                                           
      goodwill impairment
    		                                           
      finance lease payments
    		                                           
      contribution from noncontrolling interests
    		                                           
      contributions from noncontrolling interests
    		                    0 0 2,000,000  2,000,000                   
      beneficial interest in transferred receivables
    		                                           
      foreign exchange derivatives related to acquisition
    		                                           
      cash, cash equivalents and restricted cash at march
    		                      821,000,000                     
      adjustments to reconcile net income to net cash from / (used for) operating activities:
    		                                           
      foreign exchange
    		                        4,000,000 1,000,000 1,000,000  -14,000,000 10,000,000 18,000,000             
      beneficial interests in transferred receivables
    		                            155,000,000 160,000,000 175,000,000             
      foreign exchange derivatives related to acquisitions
    		                            0               
      debt issue costs
    		                            0 -41,000,000 -29,000,000  0   0 -2,000,000 -1,000,000      
      cash, cash equivalents and restricted cash at september
    		                                           
      pension (benefit) / expense
    		                          -2,000,000                 
      foreign exchange derivatives related to an acquisition
    		                              -25,000,000             
      proceeds from sale of businesses, net of cash sold
    		                                           
      net investment hedge settlements
    		                                           
      effect of exchange rate changes on cash and cash equivalents
    		                               -2,000,000 5,000,000 7,000,000 4,000,000   -12,000,000 7,000,000 0 1,000,000   
      net change in cash and cash equivalents
    		                               50,000,000 73,000,000 -37,000,000 -221,000,000 113,000,000 -460,000,000 178,000,000 -92,000,000 21,000,000 -268,000,000 264,000,000 21,000,000 
      cash and cash equivalents at january 1
    		                               0 0 0 559,000,000 0 717,000,000 0 342,000,000 0 0 0 0 
      cash and cash equivalents at december 31
    		                                           
      cash and cash equivalents at september 30
    		                                           
      cash and cash equivalents at june 30
    		                                           
      cash and cash equivalents at march 31
    		                                  338,000,000  257,000,000  250,000,000     
      purchase of noncontrolling interests
    		                                           
      net cash provided by/(used for) financing activities
    		                                           
      purchase of business
    		                                     0      
      proceeds from sale of business
    		                                     3,000,000      
      net cash from by financing activities
    		                                           
      net cash (used for)/provided by financing activities
    		                                    -4,000,000       
      insurance proceeds
    		                                      23,000,000     
      benefit from restructuring
    		                                           
      asset impairments and sales
    		                                           
      asbestos liabilities
    		                                           
      acquisition of business
    		                                           
      net cash provided by/(used for) operating activities
    		                                           
      benefit from asset impairments and loss/gain on sale of assets
    		                                           
      minority interests
    		                                           
      changes in assets and liabilities, net of effect of divested businesses:
    		                                           
      dividends paid to minority interests
    		                                         -22,000,000 -16,000,000 
      net income/
    		                                           
      adjustments to reconcile net income/(loss) to net cash provided by/(used for) operating activities:
    		                                           
      (gain)/income from translation and foreign exchange
    		                                           
      write-off of deferred financing fees...note t
    		                                           
      minority interests and equity earnings
    		                                           
      proceeds from sale of businesses, net of cash sold...note b
    		                                           
      net cash provided by/(used for) investing activities
    		                                           
      loss/(gain) from translation and foreign exchange
    		                                           
      changes in assets and liabilities net of effect of divested businesses:
    		                                           
      other assets and liabilities
    		                                           
      funding of restricted cash accounts...note t
    		                                           
      withdrawals from restricted cash accounts...note t
    		                                           
      proceeds from sale of business, net of cash sold...note b
    		                                           
      net change in short-term debt
    		                                           
      net payment from termination of cross-currency swaps
    		                                           
      adjustments to reconcile net income/(loss) to net cash from operating activities:
    		                                           
      cumulative effect of a change in accounting
    		                                           
      loss/(gain) from early extinguishments of debt
    		                                           
      funding of restricted cash accounts...note r
    		                                           
      withdrawals from restricted cash accounts...note r
    		                                           
      proceeds from sale of businesses
    		                                           
      dividends paid to minority interests, net of contributions
    		                                           
      adjustments to reconcile net income to
    		                                           
      net cash from operating activities:
    		                                           
      benefit from asset impairments and loss/gain
    		                                           
      on sale of assets
    		                                           
      sale of assets
    		                                           
      asbestos
    		                                           
      net cash provided by/
    		                                           
      investing activities
    		                                           
      repayment of shareholder notes
    		                                           
      dividends paid to minority interests, net of contributions .
    		                                           
      effect of exchange rate changes on cash
    		                                           
      and cash equivalents
    		                                           
      benefit from asbestos
    		                                           
      asbestos-related payments
    		                                           
      benefit from asset impairments and loss/gain on
    		                                           
      gain from early extinguishments of debt
    		                                           
      changes in assets and liabilities, net of
    		                                           
      businesses acquired:
    		                                           
      new term loan borrowing
    		                                           
      stock repurchased
    		                                           
      dividends paid
    		                                           
      acquisition of minority interests
    		                                           
      minority contributions, net of dividends paid
    		                                           
      financing activities
    		                                           
    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.