Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Statements of Cash Flows

v3.8.0.1
Condensed Combined Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 39 $ 33
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19 18
Deferred income taxes 2 9
Net change in assets and liabilities:    
Trade receivables (14) (13)
Prepaid expenses (13) (2)
Other current assets (13) (5)
Accounts payable, accrued expenses and other current liabilities 4 (12)
Deferred income (5) (5)
Proceeds from/(payments of) development advance notes, net 5 (1)
Other, net (8) 1
Net cash provided by operating activities 16 23
Investing Activities    
Property and equipment additions (14) (5)
Insurance proceeds 14 0
Net cash used in investing activities 0 (5)
Financing Activities    
Net transfer to Parent (14) (20)
Proceeds from borrowings from Parent 13 6
Net cash used in financing activities (1) (14)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash (1) 0
Net increase in cash, cash equivalents and restricted cash 14 4
Cash, cash equivalents and restricted cash, beginning of period 59 30
Cash, cash equivalents and restricted cash, end of period $ 73 $ 34