| Unaudited Consolidated Statements of Cash Flows | ||||||||
| Three Months Ended | ||||||||
| (in millions USD) | June 30, 2023 | June 30, 2022 | ||||||
| Cash flows from operating activities: | ||||||||
| Net income | $ | 237 | $ | 264 | ||||
| Depreciation and amortization | 340 | 411 | ||||||
| Finance expense, net and other(1) | (14 | ) | (10 | ) | ||||
| Deferred income taxes | 24 | 22 | ||||||
| Other non-cash operating activities | 50 | 23 | ||||||
| Net change in working capital | (91 | ) | (101 | ) | ||||
| Net cash provided by operating activities | $ | 546 | $ | 609 | ||||
| Cash flows from investing activities: | ||||||||
| Purchases of property, plant, equipment, and intangible assets | $ | (400 | ) | $ | (812 | ) | ||
| Other investing activities | (488 | ) | (792 | ) | ||||
| Net cash used in investing activities | $ | (888 | ) | $ | (1,604 | ) | ||
| Cash flows from financing activities: | ||||||||
| Proceeds from issuance of equity instruments and other | $ | 9 | $ | — | ||||
| Proceeds (repayment) of debt, net | (87 | ) | 124 | |||||
| Other financing activities | (4 | ) | 83 | |||||
| Net cash (used in) provided by financing activities | $ | (82 | ) | $ | 207 | |||
| Effect of exchange rate changes | — | (2 | ) | |||||
| Net change in cash and cash equivalents | $ | (424 | ) | $ | (790 | ) | ||
| Cash and cash equivalents at the beginning of the period | 2,256 | 3,264 | ||||||
| Cash and cash equivalents at the end of the period | $ | 1,832 | $ | 2,474 | ||||
| (1) Finance expense, net and other has been adjusted to include interest and taxes paid that were previously included in "Other non-cash operating activities." Prior period amounts have been adjusted accordingly. | ||||||||
Unaudited Reconciliation of IFRS to Non-IFRS
