CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME YEAR ENDED DECEMBER 31, 2013 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Net sales | $ | — | $ | 6,695 | $ | 6,421 | $ | 13,579 | $ | (4,649 | ) | $ | 22,046 | ||||||||||
Cost of products sold | — | 5,227 | 4,784 | 10,010 | (4,652 | ) | 15,369 | ||||||||||||||||
Selling and administrative expense | 32 | 1,400 | 749 | 1,705 | — | 3,886 | |||||||||||||||||
Research and development expense | — | 255 | 200 | 189 | — | 644 | |||||||||||||||||
Interest expense (income) - net | — | 271 | 28 | (22 | ) | (6 | ) | 271 | |||||||||||||||
Other expense (income) - net | — | 8 | 4 | (20 | ) | — | (8 | ) | |||||||||||||||
Equity in (earnings) loss of subsidiaries, net of tax | (2,147 | ) | (1,156 | ) | (1,214 | ) | (813 | ) | 5,330 | — | |||||||||||||
Intercompany expense (income) - net | 254 | (155 | ) | (479 | ) | 380 | — | — | |||||||||||||||
Income before income taxes | 1,861 | 845 | 2,349 | 2,150 | (5,321 | ) | 1,884 | ||||||||||||||||
Income tax (benefit) expense | — | (108 | ) | (90 | ) | 207 | 2 | 11 | |||||||||||||||
Net income | 1,861 | 953 | 2,439 | 1,943 | (5,323 | ) | 1,873 | ||||||||||||||||
Less net income for noncontrolling interests | — | — | — | (9 | ) | (3 | ) | (12 | ) | ||||||||||||||
Net income attributable to Eaton ordinary shareholders | $ | 1,861 | $ | 953 | $ | 2,439 | $ | 1,934 | $ | (5,326 | ) | $ | 1,861 | ||||||||||
Other comprehensive income | $ | 404 | $ | 300 | $ | 481 | $ | 363 | $ | (1,144 | ) | $ | 404 | ||||||||||
Total comprehensive income attributable to Eaton ordinary shareholders | $ | 2,265 | $ | 1,253 | $ | 2,920 | $ | 2,297 | $ | (6,470 | ) | $ | 2,265 | ||||||||||
CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME YEAR ENDED DECEMBER 31, 2012 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Net sales | $ | — | $ | 6,680 | $ | 2,849 | $ | 10,346 | $ | (3,564 | ) | $ | 16,311 | ||||||||||
Cost of products sold | — | 5,115 | 2,193 | 7,708 | (3,568 | ) | 11,448 | ||||||||||||||||
Selling and administrative expense | — | 1,307 | 335 | 1,252 | — | 2,894 | |||||||||||||||||
Research and development expense | — | 230 | 108 | 101 | — | 439 | |||||||||||||||||
Interest expense (income) - net | — | 229 | 8 | (29 | ) | — | 208 | ||||||||||||||||
Other expense - net | — | 10 | 48 | 13 | — | 71 | |||||||||||||||||
Equity in (earnings) loss of subsidiaries, net of tax | (1,219 | ) | (732 | ) | (1,337 | ) | (611 | ) | 3,899 | — | |||||||||||||
Intercompany expense (income) - net | 2 | (237 | ) | 42 | 193 | — | — | ||||||||||||||||
Income before income taxes | 1,217 | 758 | 1,452 | 1,719 | (3,895 | ) | 1,251 | ||||||||||||||||
Income tax expense | — | 24 | — | 6 | 1 | 31 | |||||||||||||||||
Net income | 1,217 | 734 | 1,452 | 1,713 | (3,896 | ) | 1,220 | ||||||||||||||||
Less net income for noncontrolling interests | — | — | — | (3 | ) | — | (3 | ) | |||||||||||||||
Net income attributable to Eaton ordinary shareholders | $ | 1,217 | $ | 734 | $ | 1,452 | $ | 1,710 | $ | (3,896 | ) | $ | 1,217 | ||||||||||
Other comprehensive income (loss) | $ | — | $ | 290 | $ | (1,976 | ) | $ | (1,621 | ) | $ | 3,307 | $ | — | |||||||||
Total comprehensive income (loss) attributable to Eaton ordinary shareholders | $ | 1,217 | $ | 1,024 | $ | (524 | ) | $ | 89 | $ | (589 | ) | $ | 1,217 | |||||||||
CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME YEAR ENDED DECEMBER 31, 2011 | |||||||||||||||||||
Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | |||||||||||||||
Net sales | $ | 6,294 | $ | 2,642 | $ | 10,520 | $ | (3,407 | ) | $ | 16,049 | ||||||||
Cost of products sold | 4,865 | 1,975 | 7,822 | (3,401 | ) | 11,261 | |||||||||||||
Selling and administrative expense | 1,201 | 295 | 1,242 | — | 2,738 | ||||||||||||||
Research and development expense | 207 | 112 | 98 | — | 417 | ||||||||||||||
Interest expense (income) - net | 144 | 8 | (34 | ) | — | 118 | |||||||||||||
Other income - net | (18 | ) | (2 | ) | (18 | ) | — | (38 | ) | ||||||||||
Equity in (earnings) loss of subsidiaries, net of tax | (1,271 | ) | (61 | ) | — | 1,332 | — | ||||||||||||
Intercompany (income) expense - net | (224 | ) | (13 | ) | 237 | — | — | ||||||||||||
Income before income taxes | 1,390 | 328 | 1,173 | (1,338 | ) | 1,553 | |||||||||||||
Income tax expense | 40 | 89 | 74 | (2 | ) | 201 | |||||||||||||
Net income | 1,350 | 239 | 1,099 | (1,336 | ) | 1,352 | |||||||||||||
Less net income for noncontrolling interests | — | — | (1 | ) | (1 | ) | (2 | ) | |||||||||||
Net income attributable to Eaton ordinary shareholders | $ | 1,350 | $ | 239 | $ | 1,098 | $ | (1,337 | ) | $ | 1,350 | ||||||||
Other comprehensive loss | $ | (616 | ) | $ | (64 | ) | $ | (302 | ) | $ | 366 | $ | (616 | ) | |||||
Total comprehensive income attributable to Eaton ordinary shareholders | $ | 734 | $ | 175 | $ | 796 | $ | (971 | ) | $ | 734 | ||||||||
CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2013 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Assets | |||||||||||||||||||||||
Current assets | |||||||||||||||||||||||
Cash | $ | 3 | $ | 51 | $ | 10 | $ | 851 | $ | — | $ | 915 | |||||||||||
Short-term investments | — | — | 134 | 660 | — | 794 | |||||||||||||||||
Accounts receivable - net | — | 473 | 922 | 2,253 | — | 3,648 | |||||||||||||||||
Intercompany accounts receivable | 5 | 471 | 3,368 | 4,470 | (8,314 | ) | — | ||||||||||||||||
Inventory | — | 344 | 609 | 1,466 | (37 | ) | 2,382 | ||||||||||||||||
Prepaid expenses and other current assets | — | 458 | 175 | 350 | 9 | 992 | |||||||||||||||||
Total current assets | 8 | 1,797 | 5,218 | 10,050 | (8,342 | ) | 8,731 | ||||||||||||||||
Property, plant and equipment - net | — | 982 | 761 | 2,090 | — | 3,833 | |||||||||||||||||
Other noncurrent assets | |||||||||||||||||||||||
Goodwill | — | 1,382 | 6,350 | 6,763 | — | 14,495 | |||||||||||||||||
Other intangible assets | — | 211 | 3,996 | 2,979 | — | 7,186 | |||||||||||||||||
Deferred income taxes | — | 839 | 3 | 145 | (747 | ) | 240 | ||||||||||||||||
Investment in subsidiaries | 24,940 | 8,853 | 40,776 | 8,473 | (83,042 | ) | — | ||||||||||||||||
Intercompany loans receivable | — | 8,019 | 2,518 | 18,776 | (29,313 | ) | — | ||||||||||||||||
Other assets | — | 450 | 186 | 370 | — | 1,006 | |||||||||||||||||
Total assets | $ | 24,948 | $ | 22,533 | $ | 59,808 | $ | 49,646 | $ | (121,444 | ) | $ | 35,491 | ||||||||||
Liabilities and shareholders’ equity | |||||||||||||||||||||||
Current liabilities | |||||||||||||||||||||||
Short-term debt | $ | — | $ | — | $ | — | $ | 13 | $ | — | $ | 13 | |||||||||||
Current portion of long-term debt | — | 552 | — | 15 | — | 567 | |||||||||||||||||
Accounts payable | — | 440 | 380 | 1,140 | — | 1,960 | |||||||||||||||||
Intercompany accounts payable | 4 | 3,751 | 3,288 | 1,271 | (8,314 | ) | — | ||||||||||||||||
Accrued compensation | — | 140 | 37 | 284 | — | 461 | |||||||||||||||||
Other current liabilities | 5 | 547 | 400 | 965 | (4 | ) | 1,913 | ||||||||||||||||
Total current liabilities | 9 | 5,430 | 4,105 | 3,688 | (8,318 | ) | 4,914 | ||||||||||||||||
Noncurrent liabilities | |||||||||||||||||||||||
Long-term debt | — | 7,693 | 1,266 | 16 | (6 | ) | 8,969 | ||||||||||||||||
Pension liabilities | — | 546 | 131 | 788 | — | 1,465 | |||||||||||||||||
Other postretirement benefits liabilities | — | 402 | 171 | 95 | — | 668 | |||||||||||||||||
Deferred income taxes | — | — | 1,303 | 757 | (747 | ) | 1,313 | ||||||||||||||||
Intercompany loans payable | 8,148 | 2,113 | 18,207 | 845 | (29,313 | ) | — | ||||||||||||||||
Other noncurrent liabilities | — | 652 | 162 | 485 | — | 1,299 | |||||||||||||||||
Total noncurrent liabilities | 8,148 | 11,406 | 21,240 | 2,986 | (30,066 | ) | 13,714 | ||||||||||||||||
Shareholders’ equity | |||||||||||||||||||||||
Eaton shareholders' equity | 16,791 | 5,697 | 34,463 | 42,906 | (83,066 | ) | 16,791 | ||||||||||||||||
Noncontrolling interests | — | — | — | 66 | 6 | 72 | |||||||||||||||||
Total equity | 16,791 | 5,697 | 34,463 | 42,972 | (83,060 | ) | 16,863 | ||||||||||||||||
Total liabilities and equity | $ | 24,948 | $ | 22,533 | $ | 59,808 | $ | 49,646 | $ | (121,444 | ) | $ | 35,491 | ||||||||||
CONDENSED CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2012 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Assets | |||||||||||||||||||||||
Current assets | |||||||||||||||||||||||
Cash | $ | 7 | $ | 54 | $ | 14 | $ | 502 | $ | — | $ | 577 | |||||||||||
Short-term investments | — | 25 | 38 | 464 | — | 527 | |||||||||||||||||
Accounts receivable - net | — | 654 | 393 | 2,427 | — | 3,474 | |||||||||||||||||
Intercompany accounts receivable | 38 | 335 | 4,683 | 3,887 | (8,943 | ) | — | ||||||||||||||||
Inventory | — | 341 | 602 | 1,432 | (39 | ) | 2,336 | ||||||||||||||||
Prepaid expenses and other current assets | — | 391 | 245 | 341 | 9 | 986 | |||||||||||||||||
Total current assets | 45 | 1,800 | 5,975 | 9,053 | (8,973 | ) | 7,900 | ||||||||||||||||
Property, plant and equipment - net | — | 934 | 777 | 2,075 | — | 3,786 | |||||||||||||||||
Other noncurrent assets | |||||||||||||||||||||||
Goodwill | — | 1,382 | 6,350 | 6,711 | — | 14,443 | |||||||||||||||||
Other intangible assets | — | 231 | 4,094 | 3,255 | — | 7,580 | |||||||||||||||||
Deferred income taxes | — | 941 | — | 195 | (783 | ) | 353 | ||||||||||||||||
Investment in subsidiaries | 20,662 | 7,678 | 21,912 | 6,931 | (57,183 | ) | — | ||||||||||||||||
Intercompany loans receivable | — | 7,650 | 13,262 | 14,125 | (35,037 | ) | — | ||||||||||||||||
Other assets | — | 459 | 124 | 1,165 | — | 1,748 | |||||||||||||||||
Total assets | $ | 20,707 | $ | 21,075 | $ | 52,494 | $ | 43,510 | $ | (101,976 | ) | $ | 35,810 | ||||||||||
Liabilities and shareholders’ equity | |||||||||||||||||||||||
Current liabilities | |||||||||||||||||||||||
Short-term debt | $ | — | $ | 753 | $ | — | $ | 4 | $ | — | $ | 757 | |||||||||||
Current portion of long-term debt | — | 303 | 8 | 3 | — | 314 | |||||||||||||||||
Accounts payable | — | 424 | 344 | 1,111 | — | 1,879 | |||||||||||||||||
Intercompany accounts payable | 2 | 2,794 | 3,099 | 3,048 | (8,943 | ) | — | ||||||||||||||||
Accrued compensation | — | 129 | 74 | 259 | — | 462 | |||||||||||||||||
Other current liabilities | — | 523 | 411 | 1,173 | (4 | ) | 2,103 | ||||||||||||||||
Total current liabilities | 2 | 4,926 | 3,936 | 5,598 | (8,947 | ) | 5,515 | ||||||||||||||||
Noncurrent liabilities | |||||||||||||||||||||||
Long-term debt | — | 8,398 | 1,331 | 36 | — | 9,765 | |||||||||||||||||
Pension liabilities | — | 895 | 232 | 876 | — | 2,003 | |||||||||||||||||
Other postretirement benefits liabilities | — | 454 | 189 | 99 | — | 742 | |||||||||||||||||
Deferred income taxes | — | — | 1,397 | 934 | (783 | ) | 1,548 | ||||||||||||||||
Intercompany loans payable | 5,592 | 1,401 | 14,857 | 13,187 | (35,037 | ) | — | ||||||||||||||||
Other noncurrent liabilities | — | 440 | 157 | 462 | — | 1,059 | |||||||||||||||||
Total noncurrent liabilities | 5,592 | 11,588 | 18,163 | 15,594 | (35,820 | ) | 15,117 | ||||||||||||||||
Shareholders’ equity | |||||||||||||||||||||||
Eaton shareholders' equity | 15,113 | 4,561 | 30,395 | 22,263 | (57,219 | ) | 15,113 | ||||||||||||||||
Noncontrolling interests | — | — | — | 55 | 10 | 65 | |||||||||||||||||
Total equity | 15,113 | 4,561 | 30,395 | 22,318 | (57,209 | ) | 15,178 | ||||||||||||||||
Total liabilities and equity | $ | 20,707 | $ | 21,075 | $ | 52,494 | $ | 43,510 | $ | (101,976 | ) | $ | 35,810 | ||||||||||
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS DECEMBER 31, 2013 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Net cash provided by operating activities | $ | 104 | $ | 739 | $ | 428 | $ | 1,067 | $ | (53 | ) | $ | 2,285 | ||||||||||
Investing activities | |||||||||||||||||||||||
Capital expenditures for property, plant and equipment | — | (171 | ) | (119 | ) | (324 | ) | — | (614 | ) | |||||||||||||
Cash paid for acquisitions of businesses, net of cash acquired | — | — | — | (9 | ) | — | (9 | ) | |||||||||||||||
Sales (purchases) of short-term investments - net | — | 25 | (95 | ) | (218 | ) | — | (288 | ) | ||||||||||||||
Loans to affiliates | — | (535 | ) | (545 | ) | (6,215 | ) | 7,295 | — | ||||||||||||||
Repayments of loans from affiliates | — | 36 | 626 | 5,795 | (6,457 | ) | — | ||||||||||||||||
Proceeds from the sales of businesses | — | — | — | 777 | — | 777 | |||||||||||||||||
Other - net | — | (41 | ) | (12 | ) | (15 | ) | — | (68 | ) | |||||||||||||
Net cash (used in) provided by investing activities | — | (686 | ) | (145 | ) | (209 | ) | 838 | (202 | ) | |||||||||||||
Financing activities | |||||||||||||||||||||||
Proceeds from borrowings | — | — | — | 9 | — | 9 | |||||||||||||||||
Payments on borrowings | — | (1,048 | ) | (43 | ) | (5 | ) | — | (1,096 | ) | |||||||||||||
Proceeds from borrowings from affiliates | — | 2,395 | 4,260 | 640 | (7,295 | ) | — | ||||||||||||||||
Payments on borrowings from affiliates | — | (2,921 | ) | (2,874 | ) | (662 | ) | 6,457 | — | ||||||||||||||
Other intercompany financing activities | 688 | 1,365 | (1,630 | ) | (423 | ) | — | — | |||||||||||||||
Cash dividends paid | (796 | ) | — | — | — | — | (796 | ) | |||||||||||||||
Cash dividends paid to affiliates | — | — | — | (53 | ) | 53 | — | ||||||||||||||||
Exercise of employee stock options | — | 121 | — | — | — | 121 | |||||||||||||||||
Excess tax benefit from equity-based compensation | — | 32 | — | — | — | 32 | |||||||||||||||||
Other - net | — | — | — | (6 | ) | — | (6 | ) | |||||||||||||||
Net cash used in financing activities | (108 | ) | (56 | ) | (287 | ) | (500 | ) | (785 | ) | (1,736 | ) | |||||||||||
Effect of currency on cash | — | — | — | (9 | ) | — | (9 | ) | |||||||||||||||
Total (decrease) increase in cash | (4 | ) | (3 | ) | (4 | ) | 349 | — | 338 | ||||||||||||||
Cash at the beginning of the period | 7 | 54 | 14 | 502 | — | 577 | |||||||||||||||||
Cash at the end of the period | $ | 3 | $ | 51 | $ | 10 | $ | 851 | $ | — | $ | 915 | |||||||||||
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS DECEMBER 31, 2012 | |||||||||||||||||||||||
Eaton Corporation plc | Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | ||||||||||||||||||
Net cash (used in) provided by operating activities | $ | (35 | ) | $ | 1,012 | $ | 217 | $ | 487 | $ | (17 | ) | $ | 1,664 | |||||||||
Investing activities | |||||||||||||||||||||||
Capital expenditures for property, plant and equipment | — | (291 | ) | (73 | ) | (229 | ) | — | (593 | ) | |||||||||||||
Cash paid for acquisitions of businesses, net of cash acquired | (6,542 | ) | — | 11 | (405 | ) | — | (6,936 | ) | ||||||||||||||
Sales of short-term investments - net | — | 175 | 210 | 218 | — | 603 | |||||||||||||||||
Loans to affiliates | — | (6,693 | ) | — | (8,054 | ) | 14,747 | — | |||||||||||||||
Repayments of loans from affiliates | — | 268 | — | 8,175 | (8,443 | ) | — | ||||||||||||||||
Proceeds from the sales of businesses | — | 2 | — | 1 | — | 3 | |||||||||||||||||
Other - net | — | (28 | ) | 2 | (23 | ) | — | (49 | ) | ||||||||||||||
Net cash (used in) provided by investing activities | (6,542 | ) | (6,567 | ) | 150 | (317 | ) | 6,304 | (6,972 | ) | |||||||||||||
Financing activities | |||||||||||||||||||||||
Proceeds from borrowings | — | 7,156 | — | — | — | 7,156 | |||||||||||||||||
Payments on borrowings | — | (1,306 | ) | (16 | ) | (2 | ) | — | (1,324 | ) | |||||||||||||
Payments of financing costs | — | (117 | ) | — | — | — | (117 | ) | |||||||||||||||
Proceeds from borrowings from affiliates | 5 | 8,054 | 6,425 | 263 | (14,747 | ) | — | ||||||||||||||||
Payments on borrowings from affiliates | (5 | ) | (8,175 | ) | — | (263 | ) | 8,443 | — | ||||||||||||||
Other intercompany financing activities | 273 | (340 | ) | 67 | — | — | |||||||||||||||||
Cash dividends paid | — | (512 | ) | — | — | — | (512 | ) | |||||||||||||||
Cash dividends paid to affiliates | — | — | — | (17 | ) | 17 | — | ||||||||||||||||
Exercise of employee stock options | — | 95 | — | — | — | 95 | |||||||||||||||||
Issuance (repurchase) of shares | 6,584 | — | (6,425 | ) | — | — | 159 | ||||||||||||||||
Excess tax benefit from equity-based compensation | — | 21 | — | — | — | 21 | |||||||||||||||||
Other - net | — | — | — | 2 | — | 2 | |||||||||||||||||
Net cash provided by (used in) financing activities | 6,584 | 5,489 | (356 | ) | 50 | (6,287 | ) | 5,480 | |||||||||||||||
Effect of currency on cash | — | — | — | 20 | — | 20 | |||||||||||||||||
Total increase (decrease) in cash | 7 | (66 | ) | 11 | 240 | — | 192 | ||||||||||||||||
Cash at the beginning of the period | — | 120 | 3 | 262 | — | 385 | |||||||||||||||||
Cash at the end of the period | $ | 7 | $ | 54 | $ | 14 | $ | 502 | $ | — | $ | 577 | |||||||||||
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS DECEMBER 31, 2011 | |||||||||||||||||||
Eaton Corporation | Guarantors | Other subsidiaries | Consolidating adjustments | Total | |||||||||||||||
Net cash provided by operating activities | $ | 613 | $ | 171 | $ | 1,017 | $ | (553 | ) | $ | 1,248 | ||||||||
Investing activities | |||||||||||||||||||
Capital expenditures for property, plant and equipment | (249 | ) | (39 | ) | (280 | ) | — | (568 | ) | ||||||||||
Cash paid for acquisitions of businesses, net of cash acquired | (24 | ) | (2 | ) | (299 | ) | — | (325 | ) | ||||||||||
Sales of short-term investments - net | 27 | — | 76 | — | 103 | ||||||||||||||
Loans to affiliates | (149 | ) | — | (5,855 | ) | 6,004 | — | ||||||||||||
Repayments of loans from affiliates | 100 | — | 5,650 | (5,750 | ) | — | |||||||||||||
Proceeds from the sales of businesses | 1 | 14 | — | — | 15 | ||||||||||||||
Other - net | (24 | ) | (9 | ) | 8 | — | (25 | ) | |||||||||||
Net cash used in investing activities | (318 | ) | (36 | ) | (700 | ) | 254 | (800 | ) | ||||||||||
Financing activities | |||||||||||||||||||
Proceeds from borrowings | 379 | — | 2 | — | 381 | ||||||||||||||
Payments on borrowings | (70 | ) | — | (8 | ) | — | (78 | ) | |||||||||||
Payments of financing costs | (3 | ) | — | — | — | (3 | ) | ||||||||||||
Proceeds from borrowings from affiliates | 5,855 | — | 149 | (6,004 | ) | — | |||||||||||||
Payments on borrowings from affiliates | (5,650 | ) | — | (100 | ) | 5,750 | — | ||||||||||||
Other intercompany financing activities | (42 | ) | (106 | ) | 148 | — | — | ||||||||||||
Cash dividends paid | (462 | ) | — | — | — | (462 | ) | ||||||||||||
Cash dividends paid to affiliates | — | (32 | ) | (521 | ) | 553 | — | ||||||||||||
Exercise of employee stock options | 71 | — | — | — | 71 | ||||||||||||||
Repurchase of shares | (343 | ) | — | — | — | (343 | ) | ||||||||||||
Excess tax benefit from equity-based compensation | 57 | — | — | — | 57 | ||||||||||||||
Other - net | — | — | (4 | ) | — | (4 | ) | ||||||||||||
Net cash used in financing activities | (208 | ) | (138 | ) | (334 | ) | 299 | (381 | ) | ||||||||||
Effect of currency on cash | — | — | (15 | ) | — | (15 | ) | ||||||||||||
Total increase (decrease) in cash | 87 | (3 | ) | (32 | ) | — | 52 | ||||||||||||
Cash at the beginning of the period | 33 | 6 | 294 | — | 333 | ||||||||||||||
Cash at the end of the period | $ | 120 | $ | 3 | $ | 262 | $ | — | $ | 385 | |||||||||