| Three months ended | March 31 | 2024 | 2023 | Cash Flows from Operating Activities: | Net income (loss) | 114 | (31) | Adjustments to reconcile net income (loss) to net cash used in operating activities: | Depreciation, depletion and amortization | 397 | 384 | Share-based compensation | 30 | 31 | Gains on disposals from businesses and long-lived assets, net | (123) | (5) | Deferred tax (benefit) expense | (36) | 49 | Loss from equity method investments | 4 | 6 | Pension and other postretirement benefits net periodic benefit cost | 9 | 8 | Non-cash operating lease costs | 75 | 69 | Other items, net | (25) | (3) | Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | Accounts receivable, net | (326) | (356) | Inventories | (270) | (217) | Accounts payable | (396) | (339) | Operating lease liabilities | (75) | (70) | Other assets | (77) | (21) | Other liabilities | 1 | (164) | Pension and other postretirement benefits contributions | (14) | (12) | Net cash used in operating activities | (712) | (671) | Cash Flows from Investing Activities: | Purchases of property, plant and equipment | (506) | (332) | Acquisitions, net of cash acquired | (2,206) | (155) | Proceeds from divestitures and disposals of long-lived assets | 739 | 6 | Dividends received from equity method investments | 6 | 8 | Settlements of derivatives | (13) | (2) | Other investing activities, net | (116) | (17) | Net cash used in investing activities | (2,096) | (492) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
