7Baggers

Masco Quarterly Cash Flow Statements Chart

Quarterly
 | 
Annual
 
 Stock-Based Compensation  
 Operating Cash Flow  
 Investing Cash Flow  
 Free Cash Flow  
 Capital Expenditure  
20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -87-5.2976.43158.14239.86321.57403.29485Milllion

Masco Quarterly Cash Flow Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 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 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 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-03-30 2010-09-30 2010-06-30 2010-03-30 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-09-30 2007-06-30 2007-03-31 2006-09-30 
                                                                
  cash flows from (for) operating activities:                                                              
  cash from operations344,000,000 262,000,000  309,000,000 334,000,000 314,000,000  322,000,000 346,000,000 286,000,000  292,000,000  294,000,000 287,000,000 323,000,000  307,000,000 276,000,000 7,000,000  244,000,000 327,000,000 183,000,000  230,000,000 289,000,000 210,000,000  209,000,000 283,000,000 253,000,000  212,000,000 168,000,000 189,000,000 226,000,000 211,000,000 144,000,000 198,000,000 190,000,000 169,000,000 130,000,000  82,000,000 19,000,000 90,000,000  41,000,000 121,000,000 120,000,000 92,000,000 167,000,000 164,000,000 53,000,000 143,000,000 195,000,000 190,000,000 312,000,000 336,000,000 202,000,000 345,000,000 
  increase in receivables-46,000,000 -225,000,000 103,000,000 123,000,000 -7,000,000 -258,000,000  123,000,000 -49,000,000 -194,000,000 192,000,000 89,000,000 155,000,000 19,000,000 -43,000,000 -195,000,000 153,000,000 48,000,000 -159,000,000 -183,000,000 99,000,000 149,000,000 -104,000,000 -181,000,000 136,000,000 140,000,000 -106,000,000 -216,000,000 100,000,000 108,000,000 -98,000,000 -237,000,000  41,000,000 -88,000,000 -198,000,000     46,000,000 -85,000,000 -263,000,000 195,000,000 58,000,000 -31,000,000 -272,000,000 185,000,000               
  increase in inventories-31,000,000 -102,000,000  -9,000,000 1,000,000 -44,000,000     121,000,000 -5,000,000 -113,000,000 -90,000,000 -69,000,000 -78,000,000 -23,000,000 -54,000,000 9,000,000 -21,000,000  1,000,000 37,000,000 -65,000,000 51,000,000 10,000,000 15,000,000 -87,000,000 67,000,000 -11,000,000 -23,000,000 -109,000,000 34,000,000 6,000,000 -16,000,000 -63,000,000     29,000,000 -26,000,000 -43,000,000 42,000,000 23,000,000 -31,000,000 -50,000,000 64,000,000  58,000,000 -50,000,000 -72,000,000           
  decrease in accounts payable and accrued liabilities37,000,000 -92,000,000 -1,000,000 -7,000,000 20,000,000 -107,000,000  -69,000,000 68,000,000 -104,000,000                      -56,000,000                               
  net cash from operating activities  407,000,000 416,000,000   485,000,000 480,000,000   320,000,000 346,000,000 335,000,000 356,000,000   380,000,000 283,000,000   228,000,000 392,000,000   378,000,000 361,000,000   284,000,000 312,000,000   344,000,000 268,000,000   283,000,000   245,000,000    191,000,000    144,000,000  169,000,000   305,000,000   338,000,000   434,000,000 293,000,000 88,000,000 404,000,000 
  cash flows from (for) financing activities:                                                              
  purchase of company common stock-101,000,000 -130,000,000 -269,000,000 -192,000,000 -145,000,000 -145,000,000 -227,000,000 -45,000,000 -28,000,000 -53,000,000 -148,000,000 -128,000,000 -447,000,000 -303,000,000 -125,000,000 -602,000,000 -456,000,000 -151,000,000 -173,000,000 -116,000,000 -300,000,000 -89,000,000 -115,000,000 -150,000,000 -19,000,000 -178,000,000 -47,000,000 -87,000,000 -217,000,000 -74,000,000 -82,000,000 -86,000,000     -35,000,000 -8,000,000 -30,000,000 -45,000,000 -11,000,000 -13,000,000 -47,000,000 -100,000,000 -164,000,000 -366,000,000 -274,000,000 -175,000,000 
  excise tax paid on the purchase of company common stock                                                              
  cash dividends paid-66,000,000 -66,000,000 -63,000,000 -63,000,000 -64,000,000 -64,000,000 -64,000,000 -64,000,000 -64,000,000 -65,000,000 -63,000,000 -64,000,000 -57,000,000 -58,000,000 -60,000,000 -36,000,000 -37,000,000 -35,000,000 -36,000,000 -37,000,000 -39,000,000 -35,000,000 -35,000,000 -35,000,000 -36,000,000 -33,000,000 -32,000,000 -33,000,000 -33,000,000 -32,000,000 -32,000,000 -32,000,000 -33,000,000 -32,000,000 -31,000,000 -32,000,000     -27,000,000 -28,000,000 -26,000,000 -27,000,000 -27,000,000 -27,000,000 -26,000,000 -27,000,000 -27,000,000 -27,000,000 -27,000,000 -27,000,000 -27,000,000 -27,000,000 -85,000,000 -83,000,000 -84,000,000 -84,000,000 -87,000,000 -88,000,000 -87,000,000 -88,000,000 
  purchase of redeemable noncontrolling interest  -15,000,000                                                         
  dividends paid to noncontrolling interest  -12,000,000 -13,000,000                                              
  proceeds from revolving credit borrowings-85,000,000 131,000,000    49,000,000    210,000,000              87,000,000                                       
  proceeds from the exercise of stock options2,000,000 3,000,000 1,000,000 75,000,000 1,000,000 14,000,000 14,000,000 9,000,000 4,000,000   5,000,000 1,000,000 20,000,000 4,000,000 10,000,000 4,000,000 9,000,000 6,000,000                                      
  employee withholding taxes paid on stock-based compensation-8,000,000 69,000,000 -1,000,000 -33,000,000 58,000,000 -6,000,000 -3,000,000 -20,000,000 34,000,000 29,000,000 -14,000,000 50,000,000 -3,000,000 -22,000,000 44,000,000 -5,000,000 -2,000,000 -14,000,000 80,000,000 -5,000,000 -1,000,000 -32,000,000 62,000,000 -2,000,000 -13,000,000 -14,000,000                               
  decrease in debt   -1,000,000 -1,000,000  -1,000,000 -3,000,000  -2,000,000                      -2,000,000                           
  net cash for financing activities-272,000,000 -72,000,000 -344,000,000 -269,000,000   -356,000,000 -112,000,000   -264,000,000 -234,000,000 -203,000,000 -186,000,000 -550,000,000 -359,000,000 -165,000,000 -27,000,000 -55,000,000 -639,000,000 -701,000,000 -204,000,000 -314,000,000 -72,000,000 -334,000,000 -119,000,000 -352,000,000 -215,000,000 -59,000,000 -213,000,000   -287,000,000 -97,000,000          -28,000,000    -29,000,000               
  cash flows from (for) investing activities:                                                              
  capital expenditures-36,000,000 -32,000,000 -56,000,000 -38,000,000 -43,000,000 -31,000,000 -62,000,000 -48,000,000 -72,000,000 -61,000,000 -87,000,000 -67,000,000 -46,000,000 -29,000,000 -23,000,000 -30,000,000 -42,000,000 -27,000,000 -21,000,000 -24,000,000 -51,000,000 -40,000,000 -33,000,000 -38,000,000 -59,000,000 -57,000,000 -63,000,000 -40,000,000 -60,000,000 -36,000,000 -40,000,000 -37,000,000 -63,000,000 -38,000,000 -42,000,000 -37,000,000     -29,000,000 -28,000,000 -31,000,000 -39,000,000 -28,000,000 -28,000,000 -24,000,000 -45,000,000 -29,000,000 -26,000,000 -36,000,000 -26,000,000 -20,000,000 -23,000,000 -27,000,000 -50,000,000 -49,000,000 -43,000,000 -58,000,000 -61,000,000 -55,000,000 -71,000,000 
  free cash flows  351,000,000 378,000,000   423,000,000 432,000,000   233,000,000 279,000,000 289,000,000 327,000,000   338,000,000 256,000,000   177,000,000 352,000,000   319,000,000 304,000,000   224,000,000 276,000,000   281,000,000 230,000,000          152,000,000    99,000,000  143,000,000   285,000,000   288,000,000   376,000,000 232,000,000 33,000,000 333,000,000 
  acquisition of business                                                              
  other  9,000,000 -2,000,000 1,000,000 -2,000,000 31,000,000 -6,000,000 2,000,000 25,000,000 -3,000,000 -10,000,000 4,000,000 -1,000,000 4,000,000 24,000,000 -6,000,000 1,000,000 1,000,000 8,000,000 -3,000,000 -3,000,000 -5,000,000 5,000,000 -2,000,000   22,000,000 -2,000,000 -9,000,000 -7,000,000 -3,000,000 -3,000,000 -3,000,000     -1,000,000 -4,000,000 -3,000,000 -6,000,000 -7,000,000 -8,000,000 -11,000,000  -13,000,000 -7,000,000 -6,000,000 -8,000,000 -8,000,000 -9,000,000 14,000,000 -32,000,000 -1,000,000 -8,000,000 -22,000,000 5,000,000 -13,000,000 
  net cash for investing activities-37,000,000 -33,000,000   -47,000,000 -33,000,000 -62,000,000 -184,000,000 -78,000,000 -59,000,000            -41,000,000 -25,000,000 -38,000,000    -574,000,000     -84,000,000          -30,000,000 15,000,000   -2,000,000 -52,000,000 -14,000,000 -20,000,000 -39,000,000 -28,000,000           
  effect of exchange rate changes on cash and cash investments16,000,000 6,000,000 -14,000,000 10,000,000 1,000,000 -6,000,000 7,000,000 -4,000,000 -3,000,000 6,000,000 18,000,000 -18,000,000 -5,000,000 -6,000,000 4,000,000 -13,000,000 24,000,000 10,000,000 3,000,000 -6,000,000 4,000,000 8,000,000 4,000,000 -2,000,000 -4,000,000 -12,000,000 20,000,000 10,000,000 17,000,000 21,000,000 7,000,000 -24,000,000 -1,000,000 -15,000,000 6,000,000     7,000,000 5,000,000 -14,000,000 7,000,000 17,000,000 -18,000,000 11,000,000 -17,000,000 22,000,000 32,000,000 -31,000,000 -10,000,000 13,000,000 22,000,000 -31,000,000 -39,000,000 -5,000,000 34,000,000 19,000,000 10,000,000 2,000,000  
  cash and cash investments:                                                              
  decrease for the period14,000,000 -257,000,000          24,000,000          155,000,000 9,000,000 -243,000,000    -824,000,000      85,000,000               -210,000,000  6,000,000 -35,000,000  113,000,000 -215,000,000  215,000,000 -284,000,000   -793,000,000  
  at january 1634,000,000 634,000,000 452,000,000 1,326,000,000 697,000,000 559,000,000 1,194,000,000 990,000,000 1,468,000,000 1,383,000,000 -311,000,000 1,351,000,000 1,656,000,000 1,715,000,000 1,413,000,000 1,028,000,000 922,000,000 1,958,000,000 
  at june 30                                                              
  balance, january 1, 202498,000,000                                                             
  total comprehensive income205,000,000                                   483,000,000 154,000,000 85,000,000 162,000,000 70,000,000 -120,000,000 78,000,000 -1,107,000,000 -37,000,000 16,000,000 17,000,000  17,000,000              
  shares issued56,000,000                                              2,000,000 -1,000,000              
  shares retired:                                                              
  repurchased-148,000,000                                       -8,000,000 -15,000,000 -30,000,000 34,000,000 -45,000,000              
  surrendered-14,000,000                                       -1,000,000 -7,000,000 2,000,000 -1,000,000 -7,000,000 1,000,000 -5,000,000              
  cash dividends declared-64,000,000                                       -27,000,000 -27,000,000 -26,000,000 -28,000,000 -26,000,000 -27,000,000 -27,000,000 -27,000,000 -27,000,000              
  redemption of redeemable noncontrolling interest4,000,000                                                             
  stock-based compensation20,000,000                                   7,000,000 14,000,000 12,000,000 10,000,000 12,000,000 15,000,000 13,000,000 16,000,000 14,000,000 16,000,000 15,000,000 17,000,000 15,000,000              
  balance, march 31, 2024157,000,000                                                             
  dividends declared to noncontrolling interest                                                              
  balance, june 30, 2024                                                              
  net cash for operating activities -158,000,000              -89,000,000    -92,000,000    -131,000,000    -55,000,000    -149,000,000    -100,000,000       -210,000,000   163,000,000 -167,000,000  -160,000,000   -120,000,000           
  at march 31 377,000,000    368,000,000    510,000,000      840,000,000    767,000,000    316,000,000    370,000,000    689,000,000    2,175,000,000   1,578,000,000    1,032,000,000    1,788,000,000  1,505,000,000   1,378,000,000   813,000,000   630,000,000   1,165,000,000  
  net income                                               -556,000,000 4,000,000              
  depreciation and amortization                                                              
  fair value adjustment to contingent earnout obligation                                                              
  deferred income taxes                                                              
  loss on disposition of businesses                                                              
  pension and other post-retirement benefits                                                              
  impairment of goodwill and other intangible assets                                                              
  decrease (increase) in inventories      34,000,000 104,000,000 50,000,000 45,000,000                                           81,000,000 38,000,000 30,000,000        
  proceeds from short-term borrowings                                                            
  payment of short-term borrowings      -66,000,000                                                        
  proceeds from term loan                                                            
  payment of term loan        -200,000,000                                                    
  payment of debt                       -1,000,000                      -1,000,000 -6,000,000  -1,000,000 -1,000,000 -1,000,000 -7,000,000 -2,000,000 -3,000,000 -9,000,000 -3,000,000 -10,000,000 -25,000,000 1,000,000 -10,000,000 -3,000,000 
  acquisition of businesses, net of cash acquired            -56,000,000                                       -8,000,000 -2,000,000    -187,000,000 -3,000,000  
  proceeds from disposition of business, net of cash disposed  -5,000,000                                                            
  increase for the year                                                              
  at december 31                                                              
  acquisition of business, net of cash acquired                 -24,000,000      -1,000,000 -548,000,000                                   
  net cash from (for) investing activities                -239,000,000 -29,000,000 -8,000,000 807,000,000                   11,000,000                 5,000,000     4,000,000  
  increase for the period     -266,000,000    58,000,000    85,000,000 -71,000,000 -486,000,000  237,000,000 322,000,000 70,000,000      185,000,000    149,000,000 303,000,000 -301,000,000    707,000,000   195,000,000   191,000,000 -319,000,000   65,000,000 132,000,000               166,000,000 
  at september 30                                                              
  net cash (for) from operating activities     -94,000,000                                                    -108,000,000     
  net cash (for) from financing activities     -134,000,000                          -133,000,000          -62,000,000 -65,000,000      -58,000,000              
  gain on investments                                                              
  dividends paid-in-kind                                                              
  decrease (increase) in receivables                                                              
  increase in accounts payable and accrued liabilities          -162,000,000 -30,000,000 43,000,000 133,000,000 153,000,000 -139,000,000 -11,000,000 -18,000,000 256,000,000 105,000,000 -41,000,000 -2,000,000 84,000,000 -68,000,000 -61,000,000 -19,000,000 150,000,000 38,000,000 -39,000,000 6,000,000   -60,000,000 9,000,000 150,000,000 -28,000,000 -52,000,000 175,000,000 4,000,000 -34,000,000 26,000,000 211,000,000 -34,000,000 -100,000,000 -69,000,000 206,000,000 65,000,000 -136,000,000 112,000,000 -78,000,000 141,000,000 40,000,000 19,000,000 25,000,000 25,000,000 33,000,000 125,000,000 -60,000,000 -74,000,000 27,000,000 82,000,000 -56,000,000 
  debt extinguishment costs            320,000,000 -160,000,000            208,000,000                                 
  retirement of notes            -1,326,000,000                     -745,000,000 -46,000,000  -59,000,000 -300,000,000       -300,000,000 -1,125,000,000 
  issuance of notes, net of issuance costs            1,481,000,000              889,000,000 497,000,000     396,000,000   494,000,000       596,000,000  
  proceeds from disposition of:                                                              
  businesses, net of cash disposed              2,000,000 3,000,000                                      28,000,000 143,000,000 8,000,000 7,000,000    
  financial investments                                                              
  net cash from (for) operating activities         33,000,000                                                     
  net cash from (for) financing activities         78,000,000                             362,000,000       -67,000,000 290,000,000    -111,000,000 123,000,000           
  display amortization                                                              
  gain on disposition of businesses                                                              
  property and equipment                    19,000,000 10,000,000 5,000,000 11,000,000 2,000,000 1,000,000 18,000,000 6,000,000     9,000,000 1,000,000 3,000,000 4,000,000 17,000,000 2,000,000 5,000,000 42,000,000 1,000,000 16,000,000 8,000,000 5,000,000 2,000,000 10,000,000 3,000,000 3,000,000 11,000,000   -7,000,000 10,000,000 2,000,000 13,000,000 19,000,000 9,000,000  
  net cash (for) from investing activities          -86,000,000 -70,000,000    -25,000,000          -57,000,000      -26,000,000                     -13,000,000         18,000,000 
  balance, january 1, 2020                                                              
  balance, december 31, 2020                                                              
  redeemable noncontrolling interest - redemption adjustment                                                              
  balance, december 31, 2021                                                              
  balance, december 31, 2022                                                              
  other financial investments            2,000,000 167,000,000 1,000,000 1,000,000 1,000,000 1,000,000   1,000,000 1,000,000   1,000,000 1,000,000 2,000,000 3,000,000 18,000,000 1,000,000   1,000,000 3,000,000 3,000,000 2,000,000 6,000,000 5,000,000 5,000,000 5,000,000 7,000,000 23,000,000 2,000,000 5,000,000 4,000,000 1,000,000 1,000,000 -1,000,000 3,000,000 21,000,000 17,000,000 4,000,000 26,000,000 20,000,000 17,000,000  
  gain on disposition of investments                                                              
  credit agreement and other financing costs                    -2,000,000                                       
  balance, january 1, 2019                                                              
  balance, december 31, 2019                                                              
  cumulative effect of adoption of new credit loss standard                                                              
  increase in debt             -1,000,000 -1,000,000  -4,000,000 3,000,000 2,000,000                              2,000,000 2,000,000 1,000,000 1,000,000   5,000,000 -13,000,000 14,000,000 1,000,000 2,000,000 
  net cash from investing activities             -79,000,000                      20,000,000                           
  short-term bank deposits                        95,000,000 13,000,000 12,000,000 133,000,000 62,000,000 11,000,000 28,000,000 106,000,000 57,000,000 60,000,000 61,000,000 49,000,000 141,000,000 100,000,000                       
  balance, january 1, 2018                                                              
  reclassification of disproportionate tax effects                                                              
  balance, december 31, 2018                                                              
  business, net of cash disposed                   853,000,000          2,000,000                                 
  (gain) loss on disposition of businesses                                                              
  pension and other postretirement benefits                                                              
  impairment of financial investments                                                              
  purchases of short-term bank deposits                                                              
  balance, january 1, 2017                                                              
  balance, december 31, 2017                                                              
  issuance of company common stock                                1,000,000                      2,000,000 46,000,000 12,000,000 4,000,000 
  balance, january 1, 2016                                                              
  cumulative effect of adoption of new revenue recognition accounting standard                                                              
  balance, december 31, 2016                                                              
  (gain) on disposition of investments                                                              
  impairment of property and equipment                                                              
  cash distributed to topbuild corp.                                                              
  issuance of topbuild corp. debt                                                             
  balance, january 1, 2015                                    1,128,000,000                        
  separation of topbuild corp.                                                              
  balance, december 31, 2015                                                              
  purchases of:                                                              
  (increase) in receivables                                                -220,000,000  -24,000,000 -180,000,000 38,000,000 -69,000,000 -156,000,000 89,000,000 -19,000,000 -174,000,000 120,000,000 -80,000,000 -177,000,000 115,000,000 
  other items                                                              
  excess tax benefit from stock-based compensation                                2,000,000 9,000,000 1,000,000 11,000,000                           
  balance, january 1, 2014                                    787,000,000                       
  balance, december 31, 2014                                                              
  dividend payment to noncontrolling interest                                                         
  acquisition of companies, net of cash acquired                                        -5,000,000                   -10,000,000 
  net cash from financing activities                                   781,000,000                           
  tax benefit from stock-based compensation                                    17,000,000                          
  balance, september 30, 2014                                                              
  balance, september 30, 2015                                                              
  balance, june 30, 2014                                                              
  balance, june 30, 2015                                                              
  balance, march 31, 2014                                      801,000,000                        
  balance, march 31, 2015                                      959,000,000                        
  credit agreement costs                                               -1,000,000             
  businesses                                                              
  balance, january 1, 2013                                       -8,000,000 534,000,000                    
  balance, september 30, 2013                                                              
  balance, june 30, 2013                                                              
  payment for settlement of swaps                                           -25,000,000                
  balance, january 1, 2012                                        742,000,000  742,000,000                
  balance, september 30, 2012                                                              
  new credit agreement costs                                         -4,000,000                    
  purchases of other financial investments                                            -1,000,000 -1,000,000  -6,000,000              
  net cash (for) investing activities                                                      -38,000,000   -21,000,000 -26,000,000    
  balance, june 30, 2012                                                              
  balance, march 31, 2012                                          792,000,000    792,000,000                
  balance, march 31, 2013                                          495,000,000                    
  non-cash loss on disposition of businesses                                                              
  impairment charges:                                                              
  goodwill and other intangible assets                                                              
  long-lived assets                                                              
  discontinued operations                                                              
  marketable securities                                               14,000,000    1,000,000 3,000,000 1,000,000 9,000,000 16,000,000 6,000,000 31,000,000  
  balance, january 1, 2010                                                2,817,000,000              
  balance, december 31, 2010                                                              
  balance, december 31, 2011                                                              
  balance, december 31, 2012                                                              
  balance, january 1, 2011                                            1,582,000,000  1,582,000,000              
  balance, september 30, 2011                                                              
  balance, june 30, 2011                                                              
  balance, march 31, 2011                                              1,550,000,000  1,550,000,000              
  balance, january 1, 2009                                                              
  cumulative translation adjustments                                               65,000,000 -56,000,000              
  unrealized gain on marketable securities, net of income tax of 13                                                              
  unrecognized prior service cost and net income, net of income tax benefit of 20                                                              
  total comprehensive loss                                               -68,000,000 -51,000,000              
  balance, december 31, 2009                                                              
  unrealized gain on marketable securities, net of income tax of —                                                -1,000,000              
  unrecognized prior service cost and net income, net of income tax of —                                               -61,000,000 3,000,000              
  unrealized (loss) on interest rate swaps, net of income tax of —                                               -6,000,000               
  unrecognized prior service cost and net income, net of income tax of 5                                                              
  unrealized (loss) on marketable securities, net of income tax (benefit) of                                                              
  unrecognized prior service cost and net                                                              
  loss, net of income tax of 3                                                              
  balance, september 30, 2010                                                              
  unrealized (loss) on marketable securities, net of income tax of —                                                              
  (increase) in inventories                                                -93,000,000        -14,000,000 -64,000,000  10,000,000 -19,000,000 
  unrecognized prior service cost and net income, net of income tax of 1                                                2,000,000              
  balance, march 31, 2010                                                2,703,000,000              
  a.                                                              
  a.accounting policies                                                              
  net cash (for) financing activities                                                    -32,000,000 -44,000,000 -98,000,000 -127,000,000 -139,000,000 -189,000,000 -587,000,000 -393,000,000 -887,000,000 -260,000,000 
  net cash (for) operating activities                                                      -48,000,000        
  cash at businesses held for sale                                                         -8,000,000 -3,000,000    
  dividends paid to minority interest                                                              
  purchases of auction rate securities                                                              
  proceeds from disposition of auction rate securities                                                              
  b.                                                              
  purchases of marketable securities                                                             -15,000,000 
  (decrease) for the period                                                          -160,000,000    
  proceeds from marketable securities                                                             15,000,000 
  proceeds from:                                                              
  other investments                                                             17,000,000 
  disposition of businesses, net of cash disposed                                                              
  effect of exchange rates on cash and cash investments                                                             4,000,000 

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